Welcome to Quantity Surveying and Construction Procurement

Assalamualaikum and dear all,

This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.

Thank you and wassalam.

Prof. Sr. Dr. Khairuddin Abdul Rashid

Thursday, September 24, 2009

The economies of Asia in 2009

Salam and dear all, The following data was taken from the Asian Development Outlook 2009 (ADB, in The Phnom Penh Post, 23rd September 2009, Growth Forecast Slashed by ADB, http://www.phnompenhpost.com/index.php/2009092328527/Business/growth-forecast-slashed-by-adb.html. * Cambodia -1.5% (2.5% March GDP growth forecast) * Thailand -3.2% (-2%) * Vietnam 4.5% (4.5%) * Singapore -5% (-5%) * Malaysia -3.1% (2.5%) * Indonesia 4.3% (3.6%) * Philippines 2.5% (1.6%) * Laos 5.5% (5.5%) * China 8.2% (7%) * Hong Kong -4% (-2%) * India 6% (5%) * South Korea -2% (-3%) * Sri Lanka 4% (4.5%) * Bangladesh 15.7% (9%) * Asia ex Japan 3.9% (3.4%) * Southeast Asia 0.1% (0.7%) South Asia 5.6% (4.8%) * East Asia 4.4% (3.6%) * Central Asia 0.5% (3.9%) Source: Asian Development Bank. It is worthy to refer to the Department of Statistics Malaysia on the state of Malaysia's economy: GDP growth rate Q1, 2009 = -6.2%; Q2, 2009 = -3.9% (source: http://www.statistics.gov.my, 24th September 2009). Wassalam.

No comments: