Cempaka Business and Economy: Major banks slash growth SE Asian growth f'casts

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Thursday, March 19, 2009

Major banks slash growth SE Asian growth f'casts

Reuters, Thu Mar 19, 2009 11:49am IST

SINGAPORE, March 19 (Reuters) - Major investment banks slashed growth forecasts for Southeast Asian economies, with one predicting an 8 percent contraction in Singapore, as the weakening global economy hits the region's key export industry.

Goldman Sachs now expects Singapore's gross domestic product to fall 8 percent this year from a previous forecast for a 4 percent contraction hurt also by a slowing real estate market and shrinking investment.

It also cut its GDP forecasts for 2009 for four other Southeast Asian economies. Among them, its sharpest downward revision was for Malaysia to shrink 3.5 percent from growth of 1.7 percent previously, while it saw Thai GDP slipping 4 percent from a 0.8 percent drop previously.

Indonesia's economy was expected to grow at a slower pace of 2.5 percent from 3.0 percent previously, and the Philippine economy was expected to shrink 0.5 percent from a growth forecast of 1.8 percent previously, Goldman said in a note on Thursday.

"We reiterate our view that Singapore has one of the highest exposures to weakness in external demand, because of its high ratio of exports to GDP and the high portion of exports-driven domestic demand," it said.

HSBC lowered growth forecasts for Singapore to -7 percent and for Malaysia to -3.5 percent, from -5 percent and +0.5 percent previously.

Credit Suisse saw a 6.5 percent contraction for Singapore, a 5.2 percent contraction for Japan as frozen trade hits exporters, but 8 percent growth for China given its policy stimulus.

Goldman's forecast on Singapore is the most bearish among private economists, although Singapore's most powerful politician, Lee Kuan Yew, told a Reuters seminar earlier this month the economy could contract by as much as 10 percent in 2009 if exports continued to slide in the second quarter.

A poll of analysts by Reuters on Wednesday [ID:nBKK465713] put the average forecast for Singapore at a 4.9 percent contraction SGGDP1, in line with the government's official forecast and a survey of economists by the central bank.

Goldman saw the Singapore dollar at 1.64 to the U.S dollar within 3 months while HSBC expected a 2-3 percent one-off shift downwards in the band, with scope to ease policy again. (Reporting by Nopporn Wong-Anan; Editing by Neil Chatterjee & Kazunori Takada)

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Thursday, March 19, 2009

Major banks slash growth SE Asian growth f'casts

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