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                    [Title] => East Asia economy slowing — ADB
                    [Summary] => Economic growth in East Asia will remain robust but will slow down to 6.8 percent in 2005 due to a less favorable external environment, the Asian Development Bank (ADB) forecast yesterday. 


This reduction from the gross domestic product (GDP) growth of 7.6 percent in 2004 was also attributed partly to oil prices reaching record highs this year, the ADB said in its Asia Economic Monitor report. 


                    [DatePublished] => 2005-08-10 00:00:00
                    [ColumnID] => 133272
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                    [Title] => East Asia’s economic expansion to peak this year, says ADB
                    [Summary] => East Asia’s cycle of economic growth which began in the latter half of 2003 is expected to peak this year, an Asian Development Bank (ADB) report said  yesterday. 


Resurgent industrialized economies like Japan and the United States, strong regional trade and continued domestic demand in the region should push growth in East Asia to 7.3 percent this year, according to the Asia Economic Monitor (AEM) released by the Manila-based bank. 


The figure is above the 6.6 percent forecast in December 2003. 


                    [DatePublished] => 2004-07-30 00:00:00
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                    [ArticleID] => 218863
                    [Title] => No contagion effect seen in SEA from peso fall
                    [Summary] => Southeast Asia need not fear a 1997-type contagion triggered by the rapid slide of the Philippine peso as the region is protected by strong economic fundamentals and more discerning investors, analysts say.


Political concerns have dragged the peso by as much as six percent from its high in May and the embattled unit is within striking distance of its historic low of 55.75 to the US dollar posted nearly two and a half years ago.


                    [DatePublished] => 2003-08-28 00:00:00
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                    [AuthorID] => 1637387
                    [AuthorName] => P. Parameswaran
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                    [ArticleID] => 185879
                    [Title] => Asia to complete currency safety net by May 2003
                    [Summary] => Asian governments plan to complete by May all the main bilateral currency-swap deals underpinning a regional initiative to help avert future financial crises, according to regional officials. 


The aim is to finish the work in time for the annual meeting of the Asian Development Bank (ADB) in Istanbul, which will mark the third anniversary of the launch of the currency safety net in the northern Thai resort of Chiang Mai. 


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PRADUMNA RANA

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                    [ArticleID] => 290765
                    [Title] => East Asia economy slowing — ADB
                    [Summary] => Economic growth in East Asia will remain robust but will slow down to 6.8 percent in 2005 due to a less favorable external environment, the Asian Development Bank (ADB) forecast yesterday. 


This reduction from the gross domestic product (GDP) growth of 7.6 percent in 2004 was also attributed partly to oil prices reaching record highs this year, the ADB said in its Asia Economic Monitor report. 


                    [DatePublished] => 2005-08-10 00:00:00
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                    [Title] => East Asia’s economic expansion to peak this year, says ADB
                    [Summary] => East Asia’s cycle of economic growth which began in the latter half of 2003 is expected to peak this year, an Asian Development Bank (ADB) report said  yesterday. 


Resurgent industrialized economies like Japan and the United States, strong regional trade and continued domestic demand in the region should push growth in East Asia to 7.3 percent this year, according to the Asia Economic Monitor (AEM) released by the Manila-based bank. 


The figure is above the 6.6 percent forecast in December 2003. 


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                    [ColumnID] => 133272
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                    [ArticleID] => 218863
                    [Title] => No contagion effect seen in SEA from peso fall
                    [Summary] => Southeast Asia need not fear a 1997-type contagion triggered by the rapid slide of the Philippine peso as the region is protected by strong economic fundamentals and more discerning investors, analysts say.


Political concerns have dragged the peso by as much as six percent from its high in May and the embattled unit is within striking distance of its historic low of 55.75 to the US dollar posted nearly two and a half years ago.


                    [DatePublished] => 2003-08-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1637387
                    [AuthorName] => P. Parameswaran
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 185879
                    [Title] => Asia to complete currency safety net by May 2003
                    [Summary] => Asian governments plan to complete by May all the main bilateral currency-swap deals underpinning a regional initiative to help avert future financial crises, according to regional officials. 


The aim is to finish the work in time for the annual meeting of the Asian Development Bank (ADB) in Istanbul, which will mark the third anniversary of the launch of the currency safety net in the northern Thai resort of Chiang Mai. 


                    [DatePublished] => 2002-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

East Asia economy slowing — ADB

August 10, 2005 - 12:00am

Economic growth in East Asia will remain robust but will slow down to 6.8 percent in 2005 due to a less favorable external environment, the Asian Development Bank (ADB) forecast yesterday. This reduction from the...

Headlines

East Asia’s economic expansion to peak this year, says ADB

July 30, 2004 - 12:00am

East Asia’s cycle of economic growth which began in the latter half of 2003 is expected to peak this year, an Asian Development Bank (ADB) report said yesterday. Resurgent industrialized economies like Japan...

Business

No contagion effect seen in SEA from peso fall

By P. Parameswaran | August 28, 2003 - 12:00am

Southeast Asia need not fear a 1997-type contagion triggered by the rapid slide of the Philippine peso as the region is protected by strong economic fundamentals and more discerning investors, analysts say. Political...

Business

Asia to complete currency safety net by May 2003

November 29, 2002 - 12:00am

Asian governments plan to complete by May all the main bilateral currency-swap deals underpinning a regional initiative to help avert future financial crises, according to regional officials. The aim is to finish...

Business