The Asian Pulse

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    Chief executive-elect Carrie Lam plans to host a summit on a new direction for taxation in Hong Kong to find ways to spur economic growth as soon as she takes office in Jul 17. Giving her first public speech after winning the election on 26 Mar, Lam told local and foreign investors at the Credit Suisse Asian Investment Conference on 28 Mar she would work hard to keep Hong Kong competitive.
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    Higher fuel costs probably pushed up Malaysia's inflation rate in Mar 17 to above the 4.5% rate posted in Feb 17, though there’s no evidence that price pressures are spreading more broadly in the economy, an official from the central bank said. Feb 17's inflation rate - which was the highest in more than eight years and exceeded the median estimate of 3.9% in a Bloomberg survey - wasn’t a
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    South Korean companies on 29 Mar called for joint efforts by Seoul and Beijing to resolve ongoing trade dispute in the wake of the latter's apparent economic retaliation against the former's companies and goods. In a seminar arranged by the Korea International Trade Association, exporters here called on the two governments to stick to free and fair trade principles and rule out "non-economic"
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    Chinese industrial companies' year-on-year profits surged in the first two months of 2017, the National Bureau of Statistic (NBS) figures showed on 27 Mar. Profits of Chinese industrial firms jumped 31.5% y/y in the first two months, picking up sharply from 8.5% in 2016 and 2.3% in Dec 16, largely due to rising prices in industries like coal mining, petroleum and natural gas. Total industri
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    Investment continues to flow into special economic zones (SEZs), with 40 projects worth THB8.54bn applying for promotional privileges from the Board of Investment (BoI) as of 28 Feb. Porametee Vimolsiri, secretary-general of the National Economic and Social Development Board (NESDB), said of the total applications, 22 projects with THB3.541bn worth of investment applied for privileges in Tak'
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    Nine leaders and key participants of Hong Kong’s Occupy movement were arrested and charged on 27 Mar night over their roles in the 2014 pro-democracy street protests - a day after Carrie Lam Cheng Yuet-ngor pledged to unite a divided society as the city’s newly elected chief executive. In a move considered long overdue by critics of the protests, authorities ordered the three Occupy Centr