Asia Economics Weekly Vietnam in US cross hairs Vietnam has so far emerged as the biggest winner of the US-China trade war, as tariffs on goods from China have led US importers to switch suppliers. Vietnam’s exports to the US have doubled since the... 9th October 2020 · 7 mins read
Asia Economics Weekly Indonesia in no rush to tighten, Vietnam rate cut Indonesia has signalled that fiscal policy will remain supportive of the economic recovery after it unveiled a budget for next year that envisages only a very small fall in the budget deficit... 2nd October 2020 · 6 mins read
Asia Economics Weekly Philippines: weak recovery, new currency forecasts Inadequate fiscal support is holding back growth in the Philippines and, unless this improves, the recovery will continue to underwhelm. Meanwhile, despite the recent sell-off in EM currency markets... 25th September 2020 · 7 mins read
Asia Economics Weekly Philippines peso will sustain outperformance The Philippine peso has been the best performing currency in Emerging Asia so far this year and is now at its highest level against the US dollar since late 2016. We expect the peso to strengthen... 18th September 2020 · 7 mins read
Asia Economics Weekly Second wave fears ease as infections fall The recent jump in coronavirus cases in Korea, Hong Kong and Vietnam had a negative impact on each economy, with hospitality sectors bearing the brunt of the damage. But with infection numbers now... 11th September 2020 · 6 mins read
Asia Economics Weekly Slow recovery in the Philippines, Taiwan-US FTA A long and strict lockdown meant the Philippines suffered one of the biggest falls in GDP in the region in the second quarter. The most recent data suggest that it is also experiencing one of the... 4th September 2020 · 6 mins read
Asia Economics Weekly QE is coming, tourist reopening pushed back The Bank of Korea this week hinted at further rate cuts and we expect it to also ramp up unconventional policy measures in the coming months. The Bank of Thailand is likely to follow suit – deflation... 28th August 2020 · 6 mins read
Asia Economics Weekly Korea second wave will weigh on the recovery A growing second wave of infections in Korea is set to weigh on the recovery there. While new restrictions to contain the virus have been light, there is evidence that businesses and individuals have... 21st August 2020 · 6 mins read
Asia Economics Weekly Malaysia bouncing back, Philippines vaccine hope The collapse in Malaysian GDP in the second quarter that was reported earlier today generated all the headlines, but what was more revealing about the GDP release is how quickly the economy is... 14th August 2020 · 8 mins read
Asia Economics Weekly Singapore rebound, Philippines cases surge Both Singapore and the Philippines saw a massive slump in output last quarter – the revised estimate of Singapore Q2 GDP next week is likely to show a 10.5% y/y fall, while data from the Philippines... 7th August 2020 · 6 mins read
Asia Economics Weekly New outbreak in Vietnam, Sri Lanka’s election After going 100 days without a single case of community transmission, over 40 new coronavirus infections have been reported in Vietnam over the past week. The jump puts the country’s economic recovery... 30th July 2020 · 10 mins read
Asia Economics Weekly Rupiah worries resurface, Korea’s “modest” slowdown The Indonesian rupiah has dropped back in recent weeks amid fears over the government’s plans for the central bank to finance a large part of the budget deficit for this year. The uncertain outlook... 24th July 2020 · 6 mins read
Asia Economics Weekly Korea on the mend, consensus comparison Korea avoided the need for a full lockdown and the GDP figures due on Tuesday should show that economic activity held up relatively well last quarter as a result. We have pencilled in a contraction of... 17th July 2020 · 5 mins read
Asia Economics Weekly Recovery underway as Singapore heads to the polls The main priority for Singapore’s ruling People’s Action Party (PAP), which is certain to win tomorrow’s general election, is ensuring a strong recovery from the crisis. There are good reasons to... 9th July 2020 · 8 mins read
Asia Economics Weekly Auto slowdown in Thailand, Singapore bouncing back Despite having successfully contained the virus, which has allowed daily life in Thailand to return to normal quicker than in other parts of the region, the country is still set to be one of the worst... 3rd July 2020 · 7 mins read
Asia Economics Weekly Taiwan resilience, Korea consumers regain confidence Data published over the past week provide further evidence that Taiwan’s economy is continuing to hold up extremely well. The risks to our forecast of a 2% contraction in GDP this year are to the... 26th June 2020 · 7 mins read
