{
    "success": true,
    "data": {
        "id": 1227053,
        "msgid": "2003-tougher-year-for-asian-exports-1447893297",
        "date": "2002-09-29 00:00:00",
        "title": "2003 tougher year for Asian exports",
        "author": null,
        "source": "DPA",
        "tags": null,
        "topic": null,
        "summary": "2003 tougher year for Asian exports SINGAPORE: Asian exports will have a more difficult year in 2003 with new orders from the United States expected to weaken, said Credit Suisse First Boston (CSFB) in a report on Saturday. The Institute of Supply Management's new orders index eased to 50.4 in July and 49.7 in August, suggesting Asian exports to the U.S. could be flat early next year after growing 15-25 per cent year-on-year in the August-December 2002 period, said CSFB regional economist P.K.",
        "content": "<p>2003 tougher year for Asian exports<\/p>\n<p>SINGAPORE: Asian exports will have a more difficult year in<br>\n2003 with new orders from the United States expected to weaken,<br>\nsaid Credit Suisse First Boston (CSFB) in a report on Saturday.<\/p>\n<p>The Institute of Supply Management's new orders index eased to<br>\n50.4 in July and 49.7 in August, suggesting Asian exports to the<br>\nU.S. could be flat early next year after growing 15-25 per cent<br>\nyear-on-year in the August-December 2002 period, said CSFB<br>\nregional economist P.K. Basu.<\/p>\n<p>CSFB cut its 2003 gross domestic product growth forecasts for<br>\nseveral economies in its latest Emerging Markets Quarterly.<\/p>\n<p>Most notable was Taiwan, where the estimate was reduced to 2.9<br>\nper cent from 4.2 per cent.<\/p>\n<p>The forecast for Hong Kong's growth next year was lowered to<br>\n1.4 per cent from 2 per cent previously, and Singapore's sliced<br>\nby 0.3 of a percentage point to 4.4 per cent.<\/p>\n<p>As long as the U.S. slowdown \"stops short of an actual<br>\nrecession or double-dip,\" domestic demand within Asia should<br>\ncontinue to recover, Basu said. -- DPA<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/2003-tougher-year-for-asian-exports-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}