Asia Economics Update Malaysia interest rate likely to remain unchanged this year With inflation falling and growth rebounding, it was no surprise that Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% today. Looking ahead, we expect that BNM will keep interest... 13th July 2017 · 1 min read
Asia Economics Update Bank of Korea to leave rates unchanged for some time The Bank of Korea (BoK) left interest rates on hold today and there was little indication in the governor’s accompanying press conference that the central bank is in any hurry to adjust policy. We... 13th July 2017 · 1 min read
Asia Economics Update Vietnam rate cut fuels financial risks Vietnam’s decision to cut interest rates today risks fuelling a further surge in credit growth, increasing the risk of a sharp rise in non-performing loans further down the line. We think the rate cut... 7th July 2017 · 1 min read
Asia Economics Update Thai rates to stay on hold for a while longer The Bank of Thailand (BoT) left interest rates on hold today and the accompanying monetary policy statement suggests the central bank is in no rush to adjust rates any time soon. We are maintaining... 5th July 2017 · 1 min read
Asia Economics Update Asian equities continue to rally Asian equity markets have continued to rally, with stock markets in Taiwan, Korea, India and Indonesia all recently hitting new record highs. 29th June 2017 · 1 min read
Asia Economics Update Sri Lankan rates on hold, but further hikes can’t be ruled out Sri Lanka’s central bank left interest rates on hold today, and the less hawkish tone of the statement suggests the central bank’s tightening cycle may be nearing an end. We are changing our forecast... 23rd June 2017 · 1 min read
Asia Economics Update Subdued inflation means interest rates in Taiwan will remain low With the economy experiencing a steady recovery and inflationary pressures still very subdued, it was no surprise that Taiwan’s central bank (CBC) decided to keep its policy rate on hold today at 1... 22nd June 2017 · 1 min read
Asia Economics Update No change in sight for Philippines rates Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% was widely expected. But while the consensus among analysts is that the BSP will hike rates... 22nd June 2017 · 1 min read
Asia Economics Update Inflation and currency worries to keep Indonesian rates on hold Despite the poor growth outlook, Bank Indonesia left its policy rate on hold today at 4.75%. With inflation set to remain elevated over the coming months, the central bank is likely to be in little... 15th June 2017 · 1 min read
Asia Economics Update What to make of Korea’s supplementary budget? South Korea’s new government today announced plans for a supplementary budget worth 11.2trn won (0.7% of GDP). But with parliament approval by no means guaranteed, we are not raising our growth... 5th June 2017 · 1 min read
Asia Economics Update Asian equities continue strong run Asian equity markets have outperformed other EM markets over the past month, with bourses in Korea, India, Pakistan and Indonesia all reaching record highs in May. We are revising our equity forecasts... 31st May 2017 · 1 min read
Asia Economics Update Korea to keep rates unchanged for some time yet The Bank of Korea (BoK) left interest rates on hold today and the governor’s accompanying press conference makes clear the central bank is in little hurry to adjust rates anytime soon. We continue to... 25th May 2017 · 1 min read
Asia Economics Update Thailand to keep rates on prolonged hold With the economy gaining momentum and price pressure benign, it was no surprise that the Bank of Thailand (BoT) left its policy rate on hold at 1.50% today. Looking ahead, we expect the BoT to keep... 24th May 2017 · 1 min read
Asia Economics Update Bank Indonesia to leave rates unchanged this year With inflationary pressures rising, Bank Indonesia’s (BI) decision to leave interest rates on hold today came as no surprise. The central bank’s accompanying statement struck a fairly cautious tone... 18th May 2017 · 1 min read
Asia Economics Update Interest rates in Malaysia to stay on hold for the rest of the year Despite the recent spike in inflation, it was no surprise that Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% today. Looking ahead, we expect BNM to keep interest rates steady... 12th May 2017 · 1 min read
Asia Economics Update Philippines to keep rates on hold this year Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% had been widely expected. But while the consensus among analysts is that the BSP will hike... 11th May 2017 · 1 min read
