Asia Economics Update Singapore: initial GDP estimate provides little value The initial estimate of Q4 GDP suggests Singapore’s economy remains in the doldrums. However, the numbers are based on preliminary data from only the first two months of the quarter and are not... 2nd January 2020 · 3 mins read
Asia Economics Update Indonesia easing cycle not over yet Bank Indonesia (BI) today left interest rates unchanged at 5.0% but, with growth set to remain weak and the rupiah holding up well, we think further easing is likely in the new year. 19th December 2019 · 2 mins read
Asia Economics Update Thailand: rates on hold, but further easing next year The Bank of Thailand (BoT) left its policy rate unchanged today, but further rate cuts are likely next year. 18th December 2019 · 2 mins read
Asia Economics Update Philippines: BSP on hold, easing to resume in 2020 The Philippines (BSP) left its main policy rate at 4.00% today, but with growth likely to disappoint and inflation set to remain below the mid-point of the BSP’s target, we expect more easing next... 12th December 2019 · 3 mins read
Asia Economics Update Philippines: peso decline to resume next year The peso has rebounded over the past year due in large part to a sharp narrowing of the current account deficit. But with the deficit set to widen again next year as infrastructure spending picks up... 9th December 2019 · 2 mins read
Asia Economics Update Philippines: higher inflation won’t stop further easing Inflation in the Philippines rose last month for the first time since May and is set to climb higher over the coming year. However, with inflation set to remain low by past standards, we are sticking... 5th December 2019 · 2 mins read
Asia Economics Update Korea failing to address its demographic “time bomb” Recently published figures showing a further fall in the fertility rate in Korea underline the seriousness of the demographic “time bomb” facing the country. The worsening demographic outlook is the... 2nd December 2019 · 5 mins read
Asia Economics Update Bank of Korea on hold, but more easing likely The Bank of Korea (BoK) left rates on hold today but kept the door open to further easing. With growth set to stay subdued and inflation likely to remain weak, we have pencilled in one more 25bp rate... 29th November 2019 · 3 mins read
Asia Economics Update Is a crisis brewing in Taiwan? A sharp rise in the US dollar assets of Taiwanese life insurance companies poses a major threat to the health of the country’s financial sector and could also have consequences for the stability of... 25th November 2019 · 3 mins read
Asia Economics Update A slow recovery ahead GDP growth was either flat or picked up slightly in most parts of Emerging Asia last quarter, and we think regional growth will rise gradually over the coming year helped by a slow recovery in exports... 22nd November 2019 · 3 mins read
Asia Economics Update Indonesia: Further easing likely Bank Indonesia (BI) today left interest rates unchanged, but the cut to the reserve requirement ratio (RRR) and dovish comments from Governor Perry Warjiyo suggest that further interest rate cuts are... 21st November 2019 · 3 mins read
Asia Economics Update Pakistan: Current account improves as inflation rises A sharp fall in the rupee and a series of aggressive interest rate hikes has led to a welcome fall in Pakistan’s external imbalances. However, with growth slowing sharply and inflation close to multi... 20th November 2019 · 3 mins read
Asia Economics Update More to coming export rebound than meets the eye Asian export growth should start to pick up over the coming months. However, the recovery will mainly reflect a more favourable base for comparison following the collapse in electronics exports at the... 19th November 2019 · 3 mins read
Asia Economics Update Philippines likely to cut again after today’s pause It was no surprise that the central bank in the Philippines (BSP) left its main policy rate at 4.00% today, and it is unlikely to adjust rates at its December meeting either. But with growth likely to... 14th November 2019 · 3 mins read
Asia Economics Update Low inflation will continue to worry central banks There is no immediate threat of any country in Emerging Asia falling into a prolonged period of deflation, but persistently weak price pressures are likely to remain a worry for central banks and will... 13th November 2019 · 3 mins read
Asia Economics Update What to expect from Sri Lanka after the election GDP growth in Sri Lanka is likely to remain weak whichever of the two main candidates wins the presidential election on Saturday. 12th November 2019 · 3 mins read
