Sharp cuts in Bangladesh's non-development spending
May 25, 2015 05:50 am UTC| Commentary
Non - development spending accounts for the bulk of total government spending, averaging 60% for the past six years. Utilisation in this category has been much lower than in overall ADP spending in FY15 (through...
Bangladesh's expenditure was cut sharply in FY15
May 25, 2015 05:36 am UTC| Commentary
Bangladeshs development expenditure was low, in line with the past average. The Annual Development Programme (ADP) sets aside funds for development projects across economic sectors every year. The ADP accounts for the bulk...
Philippine's trade deficit likely narrowed on stronger export growth
May 25, 2015 05:19 am UTC| Commentary
The Philippines will release March trade balance and import data on 26 trade balance is expected to have narrowed to a deficit of USD 400mn, from a deficit of USD 837mn in February. Export growth improved in March to...
Singapore manufacturing sector likely remained lacklustre in April
May 25, 2015 05:04 am UTC| Commentary
The Economic Development Board of Singapore will announce April industrial production numbers on 26 May. "Manufacturing activity is expected to remain sluggish and likely declined by 1.8% y/y-the third straight month of...
LatAm - Focus in Brazil growth outlook
May 24, 2015 23:18 pm UTC| Commentary
In terms of data, the main release next week in LatAm will be Brazil GDP on Friday, which is expected to have declined 0.5% q/q sa in Q1. There is clear at this point that growth is fairly weak in Brazil during this first...
US April a temporary hiatus in an otherwise weak durables trend
May 24, 2015 21:50 pm UTC| Commentary
After a long holiday weekend, the focus will be on US data for more clues about Q2. April durable goods (Tuesday, 08:30 ET) seen edging up 1.0% m/m from +4.7% in March and -3.5% in February.Market expectations are wide,...
Philippines trade deficit likely narrowed on stronger export growth
May 24, 2015 21:43 pm UTC| Commentary
The Philippines will release March trade balance and import data on 26 May. The trade balance is expected to have narrowed to a deficit of USD 400mn, from a deficit of USD 837mn in February.Export growth improved in March...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned