Tag Archives: asia economy

The latest Asian PMIs point to continued deceleration of growth momentum in the region, but domestic-driven economies are more resilient than export-dependent ones.The average of manufacturing purchasing manager indices (PMIs) for Asia (excluding Japan) came in at 49.6 in June, down from 49.9 in May. This was the second consecutive month in which this measure fell below the 50 threshold and indicates that manufacturing activity in Asia is contracting.China is the largest contributor to the...

Domestic Asian companies usually have a head start in their respective markets, but multinationals have a chance to gain share if they capture changes in user behaviour.They typically have a head-start on multinationals (MNCs) in terms of product localisation and strong relationships with distributors when it comes to rolling out products across traditional trade channels. A deep understanding of local preferences has been a key driver for the success of domestic companies as many foreign...