consumption

Robots still missing from the largest part of Japan’s economy
TOKYO (June 22): Japan is famous as a land of robots, but most of those machines haven’t made their way off of factory floors. That presents an opportunity in a country with a serious labor shortage and a relatively unproductive services sector. Automation is seen as a key to better productivity and higher wages, which would in turn support consumption and help push inflation closer to the ...
Asian consumption on upward trend despite weak G7 growth in 2018: Oxford Economics
SINGAPORE (May 25): Relatively weak consumption growth is likely to persist across G7 nations this year, says Oxford Economics on the belief that the impact of a recovery in real incomes will be dampened by higher oil prices and waning wealth effects going forward.  The research firm’s baseline forecast is for G7 household spending growth to remain broadly stable in 2018, but ...
Amazon’s threat to Dairy Farm still limited for now: RHB
SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million. See: Dairy Farm posts 7% increase in 1H earnings to US$213 mil In a Monday report, analyst Juliana Cai highlights the group’s health & beauty segment as the star performer ...
More cheer for ThaiBev as it gets high on beer
SINGAPORE (July 3): The worst is over for Thai Beverage in view of a marked recovery in Thailand’s beer consumption data, says RHB Research, which has maintained its "buy" rating on the counter with a $1.10 price target estimate. In a Monday report, analyst Juliana Cai highlights a 5% and 10% y-o-y growth in Thailand’s beer sales for April and May this year, respectively, based on the ...
6 consumer names to watch as Indonesia continues to grow
SINGAPORE (May 12): The economic data coming out of Indonesia appears to suggest investors should now be on the lookout for buying opportunities. While its GDP grew 5% in 1Q17, falling just short of the consensus expectation of 5.1%, there are also expectations that S&P Global Ratings will upgrade the country’s credit rating from junk to investment grade this year, which could trigger ...
Western shoppers are fueling a revival for made-in-Asia goods
HONG KONG / NEW DELHI (May 9): Sanjay Janghala walks across a humming factory floor as 400 employees of Orient Craft Ltd. stitch together women’s blouses and embroidered dresses. "That’s for Ann Taylor, that’s for Gap," said Janghala, the factory head, before stopping to pick up a white dress. "This is for J. Crew. This is all value added. This is all cut by ...
Top hedge fund turns to Australian cannabis firm for next bet
SYDNEY (May 2): Tribeca Investment Partners Pty, owner of the world’s best-performing hedge fund last year, has found its next stock pick: a tiny grower of cannabis. The Sydney-based money manager has bought shares in the initial public offering of Cann Group, the only Australian company that has a federal government license to cultivate marijuana for medicinal purposes, according ...
Why weak 1Q economic data does not forebode a declining US economy
SINGAPORE (April 27): Even with the improvement of US household and business confidence, as indicated by the rebound in consumption-related soft data since the US presidential elections, ABN AMRO Group Economics is mindful that hard data has yet to catch up to reflect this optimism. In a financial markets research report issued on Wednesday, senior economist Maritza Cabezas highlights that a ...
GLP clinches new leases in China, Japan
SINGAPORE (March 9): Logistics facilities provider GLP has signed 69,000 sqm of new leases in China and Japan over the past three months. This was driven by higher online and offline retail consumption in both countries, the company says. Its new leases include 42,000 sqm by three retailers in China, including Aeon and Metro, who are first-time customers for GLP. In Japan, 27,000 sqm is ...
3 ways China’s semiconductor industry is set to transform global markets
SINGAPORE (Jan 19): Citigroup is expecting the republic’s semiconductor sector to become the global industry’s main growth driver in the years to come, given the trend of increasing demand and emerging opportunities for China’s semiconductor vendors in the global supply chain.   In its bid to cut trade deficit and increase semiconductor self-sufficiency levels, China is currently ...