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CHANGYONG RHEE
Samsung set to account for half of South Korea’s economic growthSamsung Electronics is expected to drive about half of South Korea's economic growth this year. The company plays a significant role due to...- Bank of Korea extends rate pause, keeps hawkish tilt on price pressuresThe Bank of Korea (BOK) said price pressures would remain for longer than expected due to heightened uncertainties surrounding the Israel-H...
- Pandemic to bring Asia's 2020 growth to halt for 1st time in 60 years: IMFShould containment work, the IMF see 7.6% growth happening in Asia next year.
- Indian elephant ready to run after economic reforms: IMF official"India's growth rate is higher than China's. Countries are looking at India to see if it can be another leader as China in recent decades,"...
- Seeing signs that impact of demonetisation has abated: IMFKenneth Kang said the financial body in general support the Indian government's efforts to combat the illicit financial flows, and to produ...
- India's growth to bounce back in 2018: IMFIMF projected India's growth rate to rebound to 7.7 per cent in FY 2018-19 and underlined that India remains the fastest growing emerging e...
- International Monetary Fund welcomes passage of GST by Indian parliamentRhee said that it remains a very important question as how the government would implement the GST regime at state levels and coordinate.
- IMF team headed for India to grasp new GDP methodIMF's Director for Asia and Pacific Department Changyong Rhee said the change in the methodology was a "welcome move by India".
- Lankan Finance Minister meets top officials of World Bank and IMFAssistant US Treasury Ramin Toloui assured that official-level discussion will continue to identify specific areas for technical assistance.
- India likely to grow at 4.7 per cent in 2013-14: ADBADB today said India is likely to record 4.7 per cent growth in current fiscal which will improve to 5.7 per cent next year.
- ADB says will recommend Direct Benefit Transfer scheme to other developing nationsLauding the government's DBT scheme, ADB said it will advise other developing nations to implement it in order to check corruption.
- Clean energy should power Asian century, says Changyong Rhee"If developing Asia maintains 6% annual growth, its share of world GDP will increase from 28% to 44% by 2035."
- China's economy to grow at 8.2 per cent this year: ADBChina's economy would grow at 8.2%, provided the US economy continued its recovery and EU Zone economies stabilised, the ADB has forecast.
- Bit early to say if slump in India has bottomed out: Changyong Rhee, Chief economist, ADBIt is critical for the Asian nations to strengthen trade among themselves, not just in goods but also in financial services, Changyong Rhee...
- Asian Development Bank cuts growth forecast for India to 5.6%ADB slashed its growth forecast for India to 5.6% this fiscal compared to 7% reported earlier, citing low agricultural production due to we...
- Asian Development Bank projects 7% GDP growth for current fiscalIndia’s economy is likely to remain sluggish this fiscal and pick up momentum only in 2013-14, the Asian Development Bank has said.
- ADB projects moderate increase in India's GDP to 7% in 2012-13ADB said strong economic performance would depend on the country's ability to push reforms agenda and address issues constraining investmen...
- Indian, Chinese middle class could lead global consumption: Asian Development BankAmid sluggishness in demand in developed world, ADB said that emerging middle class in India and China could become next leading global con...
- High food prices to make 64 million Asians, 30 million Indians extremely poor: ADBA 20 per cent rise in food prices will throw 45.64 million rural people and 13.36 million urban people into the woeful state in India.
- High food prices may push millions of Asians into poverty: ADBResurgent food prices, which rose by 10 per cent on average in many regional Asian economies this year, can push an additional 64 million p...
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