Beyond Factory Asia - ADB Live Online Chat
Will developing Asia manage to invest in skills, technologies, and the private sector to move beyond low-cost manufacturing and ensure that economic growth remains strong? Join ADB's Ramesh Subramaniam and Thiam Hee Ng in a live discussion on Monday, 13 May 2013, 06:00 to 07:00 GMT (14:00 to 15:00 Manila Time). Read more
ADB Working Paper Series on Regional Economic Integration No. 111 - Exporting and Innovation: Theory and Firm-Level Evidence from the People's Republic of China
April 2013
Using firm-level data from the People's Republic of China (PRC) and matching econometrics, the paper finds that exporters invest more in innovation than non-exporters. Still, exporting has a smaller impact on innovation among firms in the electronics sectors, located at coastal areas, and foreign-owned. Read more.
New RCI Information Pack now available
May 2013
The monthly RCI Information Pack covers news and events on regional cooperation and integration (RCI) in Asia and the Pacific. It also includes monetary, financial, and trade indicators that monitor links between the region's economies and major external partners. Data used are available for download.
Launch of Asian Development Outlook 2013
ADB's flagship annual economic publication, the Asian Development Outlook 2013, forecasts that rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014. The report warns that political risks linked to the US debt ceiling, austerity measures in the eurozone, and tensions over border disputes in Asia are main threats to the near term outlook. Read press release. Download report.
Pacific Economic Monitor - March 2013
Mar 2013
This edition of the Pacific Economic Monitor discusses 2013 and 2014 GDP growth and inflation projections for ADB's Pacific developing member countries. The theme of the policy briefs included in this issue is energy in the Pacific. Read full report.
What's New
- Philippines: Confidence at record highInquirer.net24 May 2013
- UN expects global economy to gain momentum slowlyXinhua News Agency24 May 2013
- [Republic of] Korea BOK [Governor] Kim warns of risks from global central banks unwinding policyReuters24 May 2013
- Eurozone consumer confidence inches up in MayReuters23 May 2013
- German private sector weak in May, points to second-quarter stagnation -PMIReuters23 May 2013
- Japan [Economics Minister] Amari: 'Abenomics' proceeding smoothlyReuters23 May 2013
More
- African development enjoying greater support from JapanEngineering News24 May 2013
- Malaysia leads the way in Basel III debtThe Star24 May 2013
- China Financial Summit 2013 opens in Beijing[, People's Republic of China]China Daily23 May 2013
- Conservation and sustainable management of marine resources in the Pacific Islands at the heart of 5 year commitment signed by GIZ and SPREP SPREP23 May 2013
- Department of Health reports increasing dengue cases in Cagayan Valley[, Philippines]Philippine Information Agency23 May 2013
- Indonesia: Push to limit foreign ownership in banksThe Star23 May 2013
More
- GER GDP ▼ (Q12013_P) -1.4 % y-o-y
Germany
Gross Domestic Product
1stQuarter 2013, preliminary estimate
-1.4 % year-on-year▼ from previous period - KOR Exports ▲ (Apr2013) 0.4 % y-o-y
Republic of Korea
Exports
April 2013
0.4 % year-on-year▲ from previous period - KOR Imports ▲ (Apr2013) -0.3 % y-o-y
Republic of Korea
Imports
April 2013
-0.3 % year-on-year▲ from previous period - SIN Retail Sales ▼ (Mar2013) -7.1 % y-o-y
Singapore
Retail Sales
March 2013
-7.1 % year-on-year▼ from previous period - EA IPI ▲ (Mar2013) -1.7 % y-o-y
Euro Area
Industrial/Manufacturing Production Index
March 2013
-1.7 % year-on-year▲ from previous period - EA ZEW Survey (Economic Sentiment) ▲ (May2013) 27.6
Euro Area
ZEW Survey (Economic Sentiment)
May 2013
27.6▲ from previous period - GER CPI ▼ (Apr2013_F) 1.2 % y-o-y
Germany
Consumer Price Index
April 2013, final estimate
1.2 % year-on-year▼ from previous period - GER ZEW Survey (Economic Sentiment) ▲ (May2013) 36.4
Germany
ZEW Survey (Economic Sentiment)
May 2013
36.4▲ from previous period - IND WPI ▼ (Apr2013) 4.9 % y-o-y
India
Wholesale Price Index
April 2013
4.9 % year-on-year▼ from previous period - PRC Fixed Asset Investment ▼ (Apr2013) 20.6 % y-o-y
People's Republic of China
Fixed Asset Investment
April 2013
20.6 % year-on-year▼ from previous period
Regional highlights
Events
16th ASEAN+3 Finance Ministers and Central Bank Governors' MeetingAMRO3 May 2013
Joint Statement of Ninth BIMP-EAGA SummitAssociation of Southeast Asian Nations (ASEAN) Secretariat26 Apr 2013
22nd ASEAN Summit22nd ASEAN Summit24-25 Apr 2013
OECD–ADBI 13th Roundtable on Capital Market ReformAsian Development Bank Institute4-5 Apr 2013
17th ASEAN Finance Ministers' Meeting (AFMM)Association of Southeast Asian Nations (ASEAN) Secretariat4 Apr 2013
More
Studies
Connecting South Asia and Southeast Asia: Interim ReportAsian Development Bank Institute2013
Regional Cooperation and Integration in a Changing WorldAsian Development BankApril 2013
Asian Development Outlook 2013Asian Development Bank9 Apr 2013
The Road to ASEAN Financial IntegrationAsian Development BankMar 2013
More
Speeches
- Closing Statement at the 46th Annual Meeting of the Board of GovernorsTakehiko Nakao5 May 201346th Annual Meeting of the Board of GovernorsDelhi, India
- Closing Press Conference Statement at the 46th Annual Meeting of the Board of GovernorsTakehiko Nakao5 May 201346th Annual Meeting of the Board of GovernorsDelhi, India
- Toward a More Innovative, Inclusive, and Integrated Asia and PacificTakehiko Nakao4 May 201346th Annual Meeting of the Board of GovernorsDelhi, India
- Opening Address at the 46th Annual Meeting of the ADB Board of GovernorsP. Chidambaram4 May 201346th Annual Meeting of the ADB Board of GovernorsDelhi, India
More
Watch and Listen ►
ADB video: ADB Chief Economist talks about the Asian Development Outlook 20139 Apr 2013
ADB video: Facing surging capital inflows18 Mar 2013- ADB video: Release of ADB's bi-annual Asian Economic Integration Monitor
5 Mar 2013Lei Lei Song, ADB's Principal Economist, discusses the result of the March 2013 Asian Economic Integration Monitor.
More
Calendar
24 May 2013
- GER GDP
- TAP GDP
- PHI Imports
- PHI Trade Balance
- US Durable Goods Orders
- GER Business Confidence
- VIE CPI
27 May 2013
- HKG Exports
- HKG Imports
- HKG Trade Balance
- TAP Leading Index
- THA Exports
- THA IPI
- THA Imports
- THA Total Capacity Utilization
- THA Trade Balance
- KOR Consumer Confidence
- VIE Exports
- VIE IPI
- VIE Imports
- VIE Retail Sales
- VIE Trade Balance
28 May 2013
- US Housing Prices
- PRC Leading Index
- US Consumer Confidence
29 May 2013
- JPN Retail Sales
- GER CPI
- THA Monetary Policy
view economic data calendar
- APEC Workshop on Financial InclusionMay 23 - May 24Asia Pacific Economic Cooperation (APEC)
Manado, Indonesia - 73rd Meeting of the CDM Executive BoardMay 27 - May 31United Nations Framework Convention on Climate Change
Bonn, Germany - 35th ASEAN Senior Transport Officials Meeting (STOM)May 28 - May 30Association of Southeast Asian Nations (ASEAN) Secretariat
Lao PDR - Fifth Scaling-up Renewable Energy Program (SREP) Pilot Country MeetingMay 28 - May 30Climate Investment Funds
Bandos Island, Maldives - Third Coral Triangle Initiative Regional Exchange on Climate Change AdaptationMay 29 - May 31Coral Triangle Initiative
Dili, Timor-Leste - Carbon Expo: Global Carbon Market Fair and ConferenceMay 29 - May 31carbonexpo.com
Barcelona, Spain
view Regional Cooperation
events calendar
Daily Market Watch
| Currency Per US$ | Latest Closing1 | %Chg2 |
| Euro | 0.78 | 0.20 |
| Japanese yen | 101.44 | 2.04 |
| Bangladeshi taka | 77.81 | 0.00 |
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| Stock Indices | Latest Closing1 | %Chg2 |
| US Dow Jones Ind Avg | 15,294.50 | -0.08 |
| US Nasdaq | 3,459.42 | -0.11 |
| US S&P 500 | 1,650.51 | -0.29 |
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| Commodity Prices | Latest Closing1 | %Chg2 |
| All Metals | 248.73 | -0.58 |
| Aluminum | 1,816.50 | -1.81 |
| Brent Oil | 102.21 | 0.30 |
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| Overnight Interbank rates+ |
Latest Closing1 | %Chg2 |
| PRC | 3.68 | 0.26 |
| Hong Kong, China | 0.21 | 0.00 |
| India | 7.32 | 0.01 |
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Integration Indicators ►
Intraregional trade share (in percentage)
| 2007 | 2008 | 2009 | 2010 | 2011 | |
| Asia | 57.1 | 56.2 | 58.0 | 59.2 | 58.6 |
| Developing Asia | 46.2 | 44.9 | 46.3 | 47.1 | 46.7 |
Intraregional trade intensity index
| 2007 | 2008 | 2009 | 2010 | 2011 | |
| Asia | 2.0 | 2.0 | 1.9 | 1.8 | 1.8 |
| Developing Asia | 2.1 | 2.0 | 1.9 | 1.8 | 1.7 |
sources & notes
Intraregional FDI flow (in USD billion)
| 2005 | 2006 | 2007 | 2008 | 2009 | |
| Asia | 68.6 | 79.8 | 96.9 | 115.2 | 102.5 |
| Developing Asia | 46.9 | 56.9 | 64.4 | 92.6 | 89.5 |
Intraregional FDI share (in percentage)
| 2005 | 2006 | 2007 | 2008 | 2009 | |
| Asia | 84.0 | 85.7 | 51.4 | 164.0 | 44.2 |
| Developing Asia | 69.8 | 66.8 | 65.8 | 172.76 | 63.4 |
sources & notes
Coefficient of variation
of 10-year government bond rates—Asia
of 10-year government bond rates—Asia
| A S I A | ||||||
| 2007 | 2008 | 2009 | 2010 | 2011 | ||
| 0.4835 | 0.6258 | 0.6671 | 0.6472 | 0.6947 | ||
Portfolio share (%)
| A S I A | ||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | ||
| 13.30 | 16.60 | 14.32 | 15.85 | 16.61 | ||
sources & notes
ADB Policy Briefs
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No.4: Is there a case for exchange rate policy coordination in Asia?
Hsiao Chink TangDecember 2012
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No.3: Provision of Regional Public Goods: Best Practices and Role of Regional Development Banks
Xinglan HuSeptember 2012
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No.2: Can Aid for Trade enhance human capacity shortfalls in Asia's LDCs and SIDS?
Alisa Di Caprio and Jens KruegerAugust 2012
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No.1: Why do intra-regional debt investments remain low in Asia?
Iwan J. Azis and Sabyasachi MitraJune 2012
