Economic Research Institute

Type: Organization
Name: Economic Research Institute
First reported Sep 18 2014 - Updated 4 hours ago - 1 reports

5.7% budget boost all about growth

Reflecting its determination to revive the economy, the government increased the total budget for next year to 376 trillion won ($361.4 billion), up 5.7 percent from this year.In doing so, the government has decided to focus on economic growth rather ... [Published Korea Joongang Daily - Sep 18 2014]
First reported 22 hours ago - Updated 18 hours ago - 1 reports

Sony needs radical changes to reassure investors

TOKYO -- With a slump in smartphones driving investors away, Sony must implement reforms that go far beyond shedding workers and rejiggering its electronics business.Sony stock fell 13% at one point Thursday, the day after the Japanese company said it ... [Published Nikkei Asian Review - 22 hours ago]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Growth slow for Erie economy

By Jim Martin, Erie Times-News, Pa. McClatchy-Tribune Information ServicesSept. 17 -- Erie County's economy continues to grow, but not quickly.The county's gross domestic product -- the value of all finished goods and services produced -- edged up 0.2 ... [Published Insurance News Net - Sep 17 2014]
First reported Sep 16 2014 - Updated Sep 17 2014 - 1 reports

Yen’s slide deals blow to S. Korean auto, steel, shipbuilding companies

South Korean large companies stand to gain somewhat from a stronger dollar in the global market, but those in rivalry with Japanese counterparts were found to have been hit hard by the Japanese currency’s fall.The yen’s weakness is taking a heavy toll ... [Published Maekyung - Sep 16 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

ASEAN integration still far-off

At a press conference late Monday at the close of the 5th Asian Business Summit, which was held by eight business organizations from seven economies in the region, Egmidio S. Jose, chairman of the Philippines-Japan Economic Cooperation Committee, said ... [Published Business World - Sep 16 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

We need to get ready for “one last gasp of austerity” in 2015 — economist

WATER CHARGES MAY not be mentioned when Michael Noonan gets on his feet to deliver next month’s Budget — but we need to be aware that they’ll have a significant impact on consumption next year.That’s the guidance Fianna Fáil TDs and senators have been ... [Published TheJournal.ie - Sep 16 2014]
First reported Sep 14 2014 - Updated Sep 15 2014 - 1 reports

Apple Pay could struggle in Korea

Apple’s ambitious mobile payment service Apple Pay may need some time to see any success in the growing local mobile payment market due to iPhone’s low penetration rate, the difficulty of building partnership with local firms and security issues. Meanwhile, ... [Published Korea Herald - Sep 14 2014]
First reported Sep 15 2014 - Updated Sep 15 2014 - 1 reports

Business efficiency needs an upgrade

Former director general of the World Trade Organization (WTO) Pascal Lamy has called for the deepening of economic integration in Southeast Asia to significantly boost business efficiency in the region, for increased prominence and influence globally ... [Published Jakarta Post - Sep 15 2014]
First reported Sep 13 2014 - Updated Sep 13 2014 - 1 reports

Don’t Blame FTAs: Trade Minister

Jakarta. Trade Minister Muhammad Lutfi said on Friday that the government has failed to develop domestic industries, which in turn, lead the country to post a widening trade deficit from a free-trade agreement.Citing Indonesia’s free-trade deals such ... [Published Jakarta Globe - Sep 13 2014]
First reported Sep 13 2014 - Updated Sep 13 2014 - 1 reports

RI still unable to use regional production links

Despite having finalized several trade agreements with its major trading partners, Indonesia still holds an insignificant share of the Asian production network, a research group has revealed.Indonesia currently maintains eight free trade agreements (FTAs) ... [Published Jakarta Post - Sep 13 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 1 reports

Hotels cater to pursuit of deep sleep

The Yomiuri Shimbun Most first-time customers at one of the 107 hotels nationwide operated by Super Hotel Co. are surprised when, after checking in, they are taken to shelves full of pillows.“Please choose whichever you like,” says an employee of the ... [Published The Japan News - Sep 12 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 1 reports

Abe-Kuroda meeting injects life into Japan stocks

TOKYO -- Prime Minister Shinzo Abe's meeting with Bank of Japan Gov. Haruhiko Kuroda on Thursday is the latest indication of how heavily the government is focusing on the stock market.Investors responded positively to the "power lunch," held at the prime ... [Published Nikkei Asian Review - Sep 12 2014]

Quotes

"Sony should create four in-house companies -- entertainment, finance, consumer electronics and business electronics -- and scale down the parent company" Deutsche SecuritiesSecurities analyst Yasuo Nakane says
After meeting with the prime minister, the BOJ chief said, "If we face difficulty achieving the (central bank's 2% inflation) goal, we won't hesitate to adjust monetary policy, even if it takes the form of additional easing or some other action."
"The fossil fuel industry," he concludes, "will inevitably have to experience major cutbacks and, over the longer term, near-total demise. There is simply no choice in the matter if we believe the research produced by climate scientists. The profits of oil, coal, and natural gas companies will have to yield to the imperative of sustaining life on earth."
...following the BOK's rate cut, which reduced the costs of borrowing,'' said Cho Young-moo, a chief economist at LG Economic Research Institute. "In particular, borrowers flocked to banks as they could borrow more from them after the government eased restrictions on borrowing. The outstanding home-backed loans will continue to head upward for the remainder of the year."

More Content

All (89) | News (84) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Sony needs radical changes to reassure investors [Published Nikkei Asian Review - 22 hours ago]
5.7% budget boost all about growth [Published Korea Joongang Daily - Sep 18 2014]
Hankyoreh to host 5th Asia Future Forum on Huma... [Published Hani.co.kr - Sep 18 2014]
Scholars brainstorm on intl. city [Published Shenzhen Daily - Sep 18 2014]
Growth slow for Erie economy [Published Insurance News Net - Sep 17 2014]
ASEAN integration still far-off [Published Business World - Sep 16 2014]
We need to get ready for “one last gasp of aust... [Published TheJournal.ie - Sep 16 2014]
Yen’s slide deals blow to S. Korean auto, steel... [Published Maekyung - Sep 16 2014]
Apple Pay could struggle in South Korea [Published China Post - Sep 15 2014]
Business efficiency needs an upgrade [Published Jakarta Post - Sep 15 2014]
Apple Pay could struggle in Korea [Published Korea Herald - Sep 14 2014]
Don’t Blame FTAs: Trade Minister [Published Jakarta Globe - Sep 13 2014]
RI still unable to use regional production links [Published Jakarta Post - Sep 13 2014]
Hotels cater to pursuit of deep sleep [Published The Japan News - Sep 12 2014]
Abe-Kuroda meeting injects life into Japan stocks [Published Nikkei Asian Review - Sep 12 2014]
'There Is No Alternative': Fossil Fuel Deposits... [Published Common Dreams - Sep 11 2014]
Outstanding mortgages jump three-fold [Published Korea Times - Sep 11 2014]
Irish women with degrees earn double those without [Published Irish Examiner - Sep 10 2014]
Economic Freedom Improves in N.Korea [Published Digital Chosun - Sep 10 2014]
#VINB Mon 08/09/2014: Hes back ... discussing ... [Published Politics.ie - Sep 08 2014]
[Special series - part V] How long can smartpho... [Published Hani.co.kr - Sep 08 2014]
ERIA, ERIN Signed MoU on Joint Research [Published BruDirect - Sep 08 2014]
ERIN meet raises concern over energy security [Published Brunei Times - Sep 07 2014]
Cut necessary and effective [Published Korea Joongang Daily - Sep 05 2014]
India-ASEAN boosting connectivity [Published India Infoline - Sep 05 2014]
Formula to end WTO impasse [Published Calcutta Telegraph - Sep 04 2014]
'India presses for parallel talks in goods, ser... [Published zeenews.com - Sep 03 2014]
India presses for parallel talks in goods, serv... [Published Economic Times - Sep 03 2014]
'India presses for parallel talks in goods, ser... [Published Business Standard India - Sep 03 2014]
Tax-News.com: New Report Looks At Tax Burden On... [Published Tax-News.com - Sep 03 2014]
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China economic rebalancing will take at least 1... [Published Chemicals & The Economy - Aug 21 2014]
We must all hope that new economic policies now being implemented in China are successful.  The alternative, of a debt implosion, is too awful to contemplate.  But as China’s state-owned media continually remind us, the transition is likely to prove ...
China’s housing market enters New Normal ... [Published Chemicals & The Economy - Aug 10 2014]
Markets appear to be continuing to move, slowly but surely, into their expected ‘scary phase’ .  The reason is the massive distortions that have been created in financial markets, and in China’s housing market, by the $35tn+ of stimulus from ...
Economic challenges on agenda ahead of ASEAN su... [Published Democratic Voice of Burma » Analysis - May 06 2014]
PARIS — Ken Zaw, Burma’s Minister of National Planning and Economic Development, yesterday outlined challenges awaiting the Association of Southeast Asian Nations (ASEAN) as the region moves closer to regional economic integration. Those challenges, ...
Japan Inc. Doubts BOJ’s Inflation Target [Published WSJ.com: Real Time Economics - Apr 02 2014]
One year since introducing a radical monetary easing program to defeat falling prices and spur 2% inflation, the Bank of Japan on Wednesday received a disappointing score card from business managers at home. BOJ Gov. Haruhiko Kuroda has been saying ...
February Inflation Reading Isn’t Necessarily Ba... [Published WSJ.com: Real Time Economics - Mar 28 2014]
One major reason few believe in the Bank of Japan ’s bullish price outlook is inflation in imported energy, which is widely expected to moderate now that the yen has stabilized. From that perspective, Friday’s data may not be so bad for the central ...
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