Tracking The World Economy, ASEAN Economies And The Semiconductor Cycle

Economic Research	21 October 2016
Global News
Economic Update
Tracking The World Economy, ASEAN Economies And The Semiconductor Cycle Fragile global growth outlook still susceptible to downside risks US economy in a better shape, paving the way for a possible rate hike in Dec EU tepid growth threatens by accumulating political risks; Japan Abenomics still struggling to yield results China: Stabilising in the near term, but challenges remain Indonesia: Economic growth to be capped by fiscal consolidation Malaysia: Moderate pick-up in economic activities for 2H and in 2017, as external challenges still persist Philippines: Stronger domestic demand to steer the economy ahead Singapore: GDP growth tied to flagging external demand Thailand: Return of private investment to deliver stronger GDP growth Resurgent global semiconductor sales sparks hopes of a recovery in the technology sector Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Ng Kee Chou | +603 92802179 Economist:  Rizki Fajar  | +6221 2970 7207 Economist:  Zhang Fan| +8621 6288 9611 ext 105 Economist: Aris Nazman Maslan| +603 9280 2184
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