Sectors

Asian firms urged to raise investment spending

Date: 08 Mar 2010

HSBC’s senior Asian economist Frederic Neumann notes that the region needs a back-up growth driver for when fiscal stimuli begin to fade or western demand starts to wobble. Now is the right time, he says, given low rates and available credit.

Keywords (click to search): [Frederic Neumann] [HSBC]

Pamela Tang
Asian companies needs to increase their investment spending so that capacity constraints don’t dampen the economic recovery, says HSBC.

This is the right time to invest as interest rates are low, credit is still easily available and the region “needs a back-up growth driver when fiscal stimuli fade or if…western demand once again begins to wobble,” says Frederic Neumann, HSBC’s senior Asian economist.

While it is true that investment has increased strongly in the region over the last 18...

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