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Vietnam Approves New Loan Package For Farmers: Vietnamese Prime Minister Nguyen Tan Dung approved to spend about 12 trillion Vietnamese dong (700 million U.S. dollars) on the country's new lending interest rate support program for farmers, said a report of the government's website on Monday. Accordingly, the government will ...

China Fixed Asset Investment Rises 28.8 Percent in Q1: China's fixed asset investment in the first quarter rose 28.8 percent year on year to 2.81 trillion yuan (411.4 billion U.S. dollars), the National Bureau of Statistics (NBS) announced. The growth rate was 4.2 percentage points higher than the year before, said NBS spokesman Li ...

China's GDP up 6.1 percent in Q1 2009: China's economy expanded by 6.1 percent year-on-year in the first quarter of 2009, official data showed Thursday. The quarterly growth was the slowest in the past 10 years as the global financial crisis continued to affect the world's fastest-growing economy. It was 4.5 ...

MOF: Profit Squeeze, Tax Cuts Hit Q1 Revenue: The government's revenue fell 8.3 percent from a year earlier in the first quarter, as the economic downturn hurt corporate profits and recent tax cuts took effect. Revenue dropped to 1.46 trillion yuan in the first three months, 132.9 billion yuan less than the same period last ...

China to Invest 2 Bln Yuan for Ethnic Minorities' Economic, Social Development: China will appropriate more than 2 billion yuan (293 million U.S. dollars) as a development fund for ethnic minorities during 2009-2010 to accelerate their economic and social development, said the National Human Rights Action Plan of China released Monday by the State Council's ...

Greek Government to Give 1.3 Bln Euros Support for SMEs: The Greek government would launch financial support programs worth 1.3 billion euros in the following six months to support the country's small- and medium-sized enterprises amid economic crisis, local media reported Wednesday. The programs, including the energy efficiency ...

Japan's Industrial Output Down 9.4% in February: Japan's industrial output fell for the fifth straight month in February, down by 9.4 month-on-month on a seasonally adjusted basis as the global economic recession took a heavy toll on the world's second largest economy, said the Ministry of Economy, Trade and Industry said in a ...

Poland's Central Bank Cuts Interest Rate to 3.75%: Poland's Monetary Policy Council (RPP) on Wednesday decided to cut all interests rates by 25 base points and the central bank (NBP) reference rate now stands at 3.75 percent. In a press release following the meeting, the council said that it has assessed the probability of ...

Japan's Central Bank Keeps Key Rate Unchanged at 0.1%: The Bank of Japan (BOJ), or the central bank, left its key interest rate unchanged at 0.1 percent Wednesday. It is the third consecutive month that the BOJ kept the rate the same. The BOJ also decided to raise its outright purchase of long-term government bonds to 1.8 trillion ...

Bulgaria's CPI in Feb. Up 6%: Bulgaria's consumer price index (CPI) rose 6 percent in February compared to the same period of last year, down from 7.1 percent in January, the National Statistical Institute (NSI) announced Thursday. Inflation for January-February 2009 compared with the same period of 2008 is 6...

China's PMI of Manufacturing Sector Stands at 53.1% in May: The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 53.1 percent in May, the China Federation of Logistics and Purchasing (CFLP) said Monday. The figure was down 0.4 percentage points from a month ago, said CFLP. It was the third consecutive month the ...

Chile's Unemployment Rate Rises to 9.8%: The unemployment rate in Chile reached 9.8 percent between February and April, indicating that more than 700,000 people are out of work. The National Institute of Statistic (INE) said the unemployment rate rose 2.2 percent year-on-year and it is the highest figure registered ...

Singapore's GDP Contracts 14.6% in Q1: Singapore's real gross domestic product (GDP) contracted by 14.6 percent on a quarter-on-quarter seasonally adjusted annualized basis in the first quarter of 2009,official figures showed on Thursday. According to the country's Ministry of Trade and Industry (MTI),real GDP ...

Japan's Economy Contracts 15.2% in Q1: Japan's gross domestic product (GDP) suffered a record shrinkage of 15.2 percent in the first three months of 2009 due to sluggish external and domestic demand amid the global recession, the Cabinet Office said in a preliminary report Wednesday. It was the steepest fall in Japan...

China's Fiscal Revenue Down 13.6% in April: China's Ministry of Finance (MOF) said Thursday that fiscal revenue fell 13.6 percent from a year earlier to 589.72 billion yuan (86.47 billion U.S. dollars) in April. January-April fiscal revenue fell 9.9 percent to 2.05 trillion yuan, the ministry said. Fiscal revenue includes ...

China Enterprises Index Up 0.17%: Hang Seng China Enterprises Index on Hong Kong Stock Exchange edged up 16.40 points on Wednesday, or0.17 percent higher, to close the day's trading at 9,738.62. The H-shares index, initiated in August 1994 and readjusted on Jan. 5 this year, tracks the overall performance of 43 ...

China's Industrial Output Up 7.3% in April: Growth in China's industrial output slowed to 7.3 percent year on year in April from 8.3 percent in March, the National Bureau of Statistics (NBS) said Wednesday. The figure was at the high end of analysts' expectations, which ranged from 7.1 percent to 7.3 percent. The figure ...

China Urban Fixed-Asset Investment Up 30.5% in First 4 Months: China's urban fixed-asset investment in the first four months rose 30.5 percent year on year to 3.71 trillion yuan (543.2 billion U.S. dollars), the National Bureau of Statistics announced Tuesday. The growth rate was 1.9 percentage points higher than that of the first quarter.

China's CPI Falls 1.5% in April: China's consumer price index (CPI), the main gauge of inflation, fell 1.5 percent year on year in April, the National Bureau of Statistics (NBS) said on Monday. It is the third decline in a row since the index dropped 1.6 percent in February, the first fall since October 2002.

China's Service Trade Exceeds $300 Bln in 2008: China saw its export and import volume in service trade (excluding government service) total 304.45 billion U.S. dollars in 2008, up 21.3 percent from a year earlier, the Ministry of Commerce (MOC) said Wednesday. The growth rate was down 9.6 percentage points compared with 2007, ...

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