http://www.asia-invest.info Mon, 21 Jul 2008 13:03:56 +0000 http://backend.userland.com/rss092 en Today Bangko Sentral ng Pilipinas (BSP) reported the latest data on foreign portfolio investments. In June 2008 foreign portfolio investments reached a net outflow of USD 145.6 million compared to a net inflow of USD 871.41 million in June 2007. For the first six months of 2008 foreign portfolio investments increased ... http://www.asia-invest.info/philippines/philippines-foreign-portfolio-investments-posts-net-outflow-in-june-2008 Today the Monetary Bord of Bangko Sentral ng Pilipinas (BSP) increased the key interest rates by 50 basis points. The interest rate for the overnight borrowing or reverse repurchase (RRP) facility was raised to 5.75% and the interest rate for overnight lending or repurchase (RP) facility was raised to 7.75%. It ... http://www.asia-invest.info/philippines/philippines-central-bank-raises-key-interest-rates-by-50-basis-points Today Bank of Thailand raised its key interest rate by 0.25% to 3.50%. This decision was already expected by economists after inflation reached 8.9% last month. After raising fuel prices consumer confidence dropped in Thailand and Finance Minister Surapong Suebwonglee already acknowledged that Thailand may not reach its GDP growth target of 6% ... http://www.asia-invest.info/economic-data/thailand-central-bank-raises-interest-rates-by-25-basis-points-to-350-percent Today the National Statistics Office released the Construction Material Wholesale Price Index (CMWPI) in the National Capital Region (NCR). Compared to the previous year construction materials rose by 13.5% in June 2008. Prices for fuels and lubricants gained 41.5%, structural steel by 31.1%, reinforcing steel by 28.1% and hardware by 21.4%.  Compared ... http://www.asia-invest.info/philippines/philippines-construction-material-wholesale-prices-climb-by-135-percent-in-june-2008 Today the indonesian central bank Bank Indonesia realeased the consumer confidence index (CCI) for June 2008. Consumer confidence index was reported at 79.1, down from 82.4 in May 2008. This is the lowest level since October 2005. In June 2007 the consumer confidence index was still at 95.8. Regionally consumers in ... http://www.asia-invest.info/indonesia/indonesia-consumer-confidence-index-drops-to-791-in-june-2008 Today the National Statistics Office released the latest consumer price index (CPI) in Manila. The year-on-year inflation jumped to 11.4% in June 2008 compared to 9.5% in May 2008. This is the highest inflation rate since May 1994 when inflation reached 11.5%. While the annual inflation rate rose to 9.2% in ... http://www.asia-invest.info/philippines/philippines-inflation-rate-reaches-114-percent-in-june-2008 Today the Indonesian central bank, Bank Indonesia, increased again the key interest rate by 25 basis points to 8.75%. This was third rate increase after Bank Indonesia increased their rates to 8.25% in May 2008 and 8.50% in June 2008. Bank Indonesia, headed by Governor Boediono wants to avoid second round ... http://www.asia-invest.info/indonesia/indonesia-central-bank-increases-key-interest-rate-by-25-basis-points-to-875-percent Today the National Statistics Office (Badan Pusat Statistik) reported that consumer prices rose at 11.03% in June 2008. In May 2008 the Indonesian Government increased fuel prices dramatically pushing consumer prices by 10.4%. Dr. Rusman Heriawan, Director General of BPS presented the latest figures in Jakarta. Starting with June 2008, CPI ... http://www.asia-invest.info/indonesia/indonesia-consumer-prices-rise-1103-percent-in-june-2008 The International Monetary Fund (IMF) announced a new reduced GDP growth forecast for the Philippines. Now the IMF expects that the economy in the Philippines will grow by 5.2% in 2008, after they reduced their early forecast from 5.8%. Last week the IMF has finished its mission to the Philippines, ... http://www.asia-invest.info/philippines/philippines-imf-reduces-gdp-growth-forecast-to-52-percent-for-2008 In May 2008 Mark Mobius, Templeton Asset Management Ltd.'s top manager for emerging market equities, recommended to invest into Thailands stock market. On May 26th, an article on Bloomberg.com titled Mobius Expects Thai Stocks to Extend Gains on Tax Cuts, Exports painted a bright picture of the Thai stock market. ... http://www.asia-invest.info/stock-market/is-the-time-right-to-invest-into-thailands-stock-market