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Tag Archives: GDP

Vietnam GDP to grow 5.2 percent in 2013

vietnam-credit

Vietnam’s GDP growth is forecast at 5.2 percent in 2013, picking up to 5.6 percent in 2014 if progress is made in strengthening the banking sector and recovery in major industrial economies gathers momentum in 2014, the Asian Development Bank says in a report released Tuesday. The prediction is made based on grounds that GDP grew by 4.9 percent in ... Read More »

Mongolia attracts twice its GDP for debut bond sale

mse

Mongolia successfully established a benchmark curve with its $1.5 billion debut bond early Thursday morning, after raking in an astounding $15 billion of orders. One banker joked that Mongolia has more yaks than people. It is not far from the truth. The landlocked country has a gross domestic product of just $8.5 billion, so orders were roughly twice the size ... Read More »

China’s GDP growth to hit 8.5 pct

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BEIJING, April 11 (Xinhua) — China’s economic growth is set to moderate slightly over the next two years but will exceed 8 percent, on the back of strong investment, rising private consumption and a more stable global economy, the Asian Development Bank (ABD) said Wednesday. In its annual economic report released at a press conference in Beijing, Paul J. Heytens, ... Read More »

Chinese stocks down on lowered GDP target

Asia Stocks

BEIJING, March 5 (Xinhua) — Chinese shares closed lower on Monday after Premier Wen Jiabao announced an economic growth target of 7.5 percent for this year, the lowest since 2004. The benchmark Shanghai Composite Index closed at 2,445, down 15.69 points, or 0.64 percent, from the previous close. The Shenzhen Component Index dropped 73.5 points, or 0.71 percent, to end ... Read More »

India’s GDP to grow at 7.5%

India’s GDP

NEW DELHI: The economy is expected to grow in the range of 7.5% to 8% in the fiscal year ending March 2013, the Prime Minister’s Economic Advisory Council said on Wednesday, but cautioned that the government must unveil steps to repair public finances and rein in subsidies to bring the economy to a high growth path. The council also said ... Read More »