RHB | Economic Research – Tracking The World Economy, ASEAN Economies And The Semiconductor Cycle

Economic Research	21 October 2015
Global News
Economic Update
Tracking The World Economy, ASEAN Economies And The Semiconductor Cycle Cloudy global economic outlook points to higher downside risks but growth likely to be sustained US economic growth chugging along and Fed failed to raise rates in September Recovery in Eurozone remains moderate, Japan still shaky and China facing downward pressure Indonesia: Economy hit a soft patch in 1H, but a ramp-up in government spending could give a lift in 2H Malaysia : No smooth sailing as economy faces external and domestic challenges Philippines: Resilient domestic demand amid challenging external Environment Singapore: A modest recovery in exports and resilient domestic demand to drive modest recovery in 2016 Thailand: Experienced hand to steer Thai infrastructure drive Global semiconductor sales dipped as global demand turns weak Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Ng Kee Chou | +603 92802179
To access our recent reports please click on the links below: Tracking Global News: 16 July 2015 16 April 2015 26 Jan 2015 28 Oct 2014 23 July 2014 21 April 2014