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Japan – 3Q GDP – Revised
08/12/2016 12:09 pm MYT
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In 3Q 2016, Japan’s economy grew at a slower pace compared with the previous estimate. Real GDP rose by a seasonally adjusted annual rate of 1.3%, instead of a 2.2% growth estimated last month – see figure 1. The downward revision was mainly due to weaker private inventories and private non-residential investments – see table 1. On a year-on-year basis, Japan’s economy rose by 1.1%, up from a 0.9% growth estimated last month.

In the first 3 quarters of 2016, Japan’s economy grew by 0.8% from the same period a year ago. i Capital maintains its forecast that the Japanese economy would grow in the range of 0-1% in 2016.

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Note from Publisher
Despite being a multi-racial, multi-cultural, and multi-religious society, Malaysia has largely been a peaceful country. This is a great achievement in light of a world that is being ravaged by multiple conflicts. Unfortunately, certain individuals and groups have hated this precious social fabric of the country and are making every effort to tear it apart. People say “you never know what you have until you lose it”. We really hope these selfish and irresponsible people will come to their senses before it is too late.

Nevertheless, it is heartening to see that the Malaysian media and civil society organisations have collectively launched a campaign called “Maaf Zahir Batin Hari Hari” or known as #MZB365 to help heal a dividing Malaysia. Carrying the meaning of “please forgive my wrongs, both thoughts and deeds”, the campaign will run for one whole year. This initiative could not have come at a better time. We believe the majority of Malaysians still treasure the country’s unique social fabric. With #MZB365, hopefully the silent majority can have a bigger voice to counter the destructive noises of the divisive minority.
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