Asia GDP Forecasts Shift
Malaysian ringgit strengthens ahead of Q2 data as brokers upgrade growth outlooks, while Japan sets a long-term nominal GDP target and Nepal highlights education sector contributions.
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- MARKED014990.KS (014990.KS)
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- DATATaiwan Q2 GDP revised up to 12.92%, driven by AI and export surge
The sharp upward revision underscores the island's deep integration with global AI infrastructure demand, contrasting with softer growth elsewhere in Asia.
Index.hu - DATAMalaysian MSME GDP growth hits 5.7% in 2025, outpacing broader economy
Small business sector value added rose to RM689.8 billion, accounting for nearly 40% of national output and supporting upgraded growth forecasts.
New Straits Times - MARKETJapan to slash food consumption tax to 1% for two years
Sanae Takaichi’s proposal cuts the rate from 8% starting April, aiming to ease household inflation pressure while risking fiscal headwinds.
New Straits Times - UTTALELSETakaichi
“the lowering of our sales tax on food and beverages to 1% for two years”
in: Japan to slash food consumption tax to 1% for two years - DATAMalaysia GDP data release triggers ringgit volatility amid growth concerns
Investors brace for the second-quarter advance estimate as official figures face scrutiny over their alignment with household economic reality.
New Straits Times - MARKED014990.KS (014990.KS)
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- DATAAlliance Bank sees Malaysia GDP growth near 5% on tourism and FDI strength
The lender's upbeat forecast aligns with the upper end of the government's range, adding to positive sentiment ahead of the second-quarter advance estimate release.
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- MARKETSenegal insurance sector overtakes Cameroon to become CIMA zone's second-largest market
Premium revenue hit 311 billion CFA in 2025, signaling deepening financialization in West Africa despite sovereign debt headwinds.
The Rio Times - MARKETWorld Bank estimates $19.6 billion in direct damage from Venezuela earthquakes
The initial rapid assessment underscores the scale of reconstruction needs in the oil-rich nation, with implications for regional infrastructure and aid flows.
Proto Thema (English) - MARKETWorld Bank estimates $19.6 billion in direct damage from Venezuela earthquakes
The initial rapid assessment underscores the scale of reconstruction needs in the oil-rich nation, with implications for regional infrastructure and aid flows.
Proto Thema (English) - DATARussia's GDP growth stalls at 0.2% in first five months of 2026
President Putin cites domestic demand as the primary driver behind the sluggish expansion, highlighting the fragility of the economy amid ongoing structural headwinds.
TASS - DATARussia's GDP growth stalls at 0.2% in first five months of 2026
President Putin cites domestic demand as the primary driver behind the sluggish expansion, highlighting the fragility of the economy amid ongoing structural headwinds.
TASS - MARKETCyprus environmental tax revenue hits €718.7 million in 2024 as EU green levies rise
Eurostat data shows a 6.1% jump in EU environmental tax collections, with Cyprus contributing €718.7 million. The figures underscore the growing fiscal weight of green levies for small island economies.
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- EVENTMalaysia ringgit rises ahead of Q2 GDP data release
Currency gains ground as investors await advance estimate, with economists forecasting growth moderation to 4.8%-5.0% range.
Premium Times - EVENTOCBC raises Malaysia 2026 GDP forecast to 5.2% on export strength
The upgrade to 5.2% from 4.4% reflects resilient domestic demand and a robust electronics export sector, joining a wave of bullish revisions from local banks.
Liberty Times (Liberty Times Net) - DATAGhana hits 6% GDP target but industrial weakness leaves growth jobless
NDPC attributes the disconnect between macro expansion and employment to a lackluster industrial sector, echoing a broader pattern across emerging markets where GDP gains fail to translate into jobs.
New Straits Times - EVENTRinggit strengthens ahead of Malaysia Q2 GDP release
Currency gains ground as investors await July 17 growth data, following recent upward revisions to Malaysia's full-year economic outlook.
New Straits Times - DATANepal sets 20% GDP export target, experts cite policy bottlenecks
The ambitious two-year plan aims to narrow the trade deficit, but economists warn structural hurdles make the goal unattainable.
New Straits Times - DATADeath of China economist Gao Shanwen underscores Beijing's crackdown on dissenting growth data
The passing of a prominent critic of official GDP figures highlights the political risks surrounding China's economic narrative, adding to investor skepticism over data reliability.
New Straits Times - EVENTMalaysia Q2 GDP growth expected to moderate to 4.8-5.0% from 5.4% in Q1
Economists forecast a slowdown in Malaysian economic expansion for the second quarter, as the ringgit trades higher ahead of the official advance estimate release.
New Straits Times - DATAChina Q2 GDP growth slows to 4.3%, missing targets and expectations
The weakest quarterly expansion in over three years raises questions about Beijing's ability to hit its annual growth target without fresh stimulus.
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- DATARockefeller International's Sharma: China's AI push cannot mask near-zero real growth
Fund manager argues structural headwinds and a shrinking global GDP share outweigh Beijing's technology ambitions, challenging official 4.5% targets.
New Straits Times - EVENTKenanga Research upgrades Malaysia 2026 GDP forecast to 4.5-5.0%
The Malaysian brokerage raises its growth outlook while holding the unemployment rate steady at 2.9%, signaling confidence in domestic resilience.
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- EVENTIPPFA holds Malaysia 2026 GDP forecast at 4.6% on resilient domestic demand
The investment bank cites private investment and consumption as key buffers against global headwinds, maintaining a steady outlook for the Southeast Asian economy.
The Japan Times - DATATakaichi sets $6.8 trillion nominal GDP target for Japan by 2040
The ambitious growth goal signals a push to reverse long-term stagnation, though investors remain cautious on the path to achieving it.
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- DATANepal's private education sector contributes Rs160 billion to GDP annually
New data highlights the scale of the private education industry in Nepal, with institutions averaging Rs11 million in annual spending and Rs3,300 in monthly student fees.
Kathmandupost Money - CB MEETINGBank of Japan rate decision (press conf.) JP high
Title actor match
- CB MEETINGBank of Japan rate decision (press conf.) JP high
Title actor match