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  1. News - Hong Kong

    Workers' wages failing to keep pace with inflation, says CTU survey

    Posted Apr 29th 2013, 03:22pm by LO WEI

    ... Lo Wei lo.wei@scmp.com Seventy-five per cent of grassroots workers’ pay adjustments last year did not keep pace with inflation, according to a survey by the Confederation of Trade Unions ... that only 26 per cent of them had wage increases higher than inflation last year, that is, above the 3.6 per cent increase in consumer price index. Two-thirds of those interviewed had their pay ...

  2. Business - Economy - THAI ECONOMY

    Thai inflation higher than expected

    Posted Oct 03rd 2012, 02:49pm

    ... Reuters in Bangkok Thailand’s headline inflation rate rose more than expected in September but that was partly due to a low base last year, so the central bank is unlikely to change its stance of leaving policy on hold for now as risks to economic growth remain high. Annual inflation was at 3.38 per cent in September, its highest level since March, compared with 2.69 per cent ...

  3. News - Hong Kong

    Inflation eases in August, food prices slow

    Posted Sep 20th 2012, 07:24pm by Lai Ying-kit

    ... Lai Ying-kit Hong Kong’s inflation eased to 3.7 per cent in August as increases in private housing rentals and food prices slowed down, the Census and Statistics Department said ... rentals introduced last July. Taking the one-off measure into account, July’s inflation was 1.6 per cent. In August, the largest year-on-year increases in prices were recorded for housing ...

  4. Business - Money - FUNDS

    Funds: Investors urged to avoid bonds

    Posted Oct 15th 2012, 12:00am by BLOOM

    ... the financial crisis. He shifted to bond funds from stocks and now holds at least 60 per cent of his savings in fixed income. While payouts from some of the bond funds barely keep up with inflation ... in the past 85 years, and fared worse than equities when adjusted for inflation. "The greatest irony is the perception of safety in a fixed-income security," says Mitchell Stapley at Fifth ...

  5. Inflation as bitter medicine

    Posted Mar 08th 2011, 12:00am by Staff Reporter

    ... inflation. It is difficult to predict how high the reserve requirement rate will be, but interest rates in comparison have more room to be raised while a one-off revaluation of the renminbi exchange rate remains an unlikely event this year. Inflation has been a hot topic in China. Current inflation (around 5 per cent) has a very different dynamic from previous bouts. In the summer of 2008, ...

  6. Firms upbeat amid inflation fears

    Posted Feb 18th 2011, 12:00am by Amanda Lee

    ... Amanda Lee Mainland executives are still confident about the domestic economy and will consider takeovers this year despite growing concerns about rising inflation and tightening credit, ... and were good at containing costs, their concern this year would be managing inflation-related costs, Partridge said. Inflation last year was 4.6 per cent, or 2.1 per cent excluding food ...

  7. Inflation curbs stay as a top priority

    Posted Mar 07th 2011, 12:00am by Cary Huang

    ... Beijing's recent measures to curb inflation, including administrative price controls and boosting the supply of basic goods, had already achieved a notable effect. 'We have confidence in our capability to keep prices at a stable level,' said Zhang, who also noted the country's ample grain reserve. Inflation is among the government's greatest concerns, as Premier Wen Jiabao ...

  8. Asia's inflation trap puts growth at risk

    Posted Feb 01st 2011, 12:00am by Stephen Roach

    ... Stephen Roach Asia has an inflation problem. The sooner it comes to grips with it, the better. Regrettably, the appropriate sense of urgency is missing. Willingness to tackle inflation ... an aggressive stand for price stability. That needs to change- before it is too late. Excluding Japan, which remains mired in deflation, Asian inflation rose to 5.3 per cent in the 12 months ending last ...

  9. Mainland won't face an inflation crisis: strategist

    Posted Jan 14th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing China will have slightly higher structural inflation in coming years but rapid growth in incomes and the economy mean an inflation crisis is not looming, according ... and other natural resources like water to domestic enterprises and consumers. Inflation pressure has been mounting on the mainland, with the consumer price index hitting a 28-month high of 5.1 per ...

  10. Inflation gobbles up wage rises

    Posted Dec 29th 2010, 12:00am by Simpson Cheung

    ... Simpson Cheung A pay rise in times of inflation doesn't necessarily mean more money to spend, as Hong Kong workers have found this year. Average wages in September rose 2.4 per cent ... said the rate of pay rises would catch up with inflation in the third quarter next year. Mo said the economy was still recovering and companies were circumspect when it came to raising salaries ...




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