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
Emerging Markets Activity Monitor First signs of EM recovery losing steam Our Mobility Trackers suggest that the EM recovery hit a snag in July, partly due to escalating coronavirus cases and tightening restrictions in some EMs (South Africa, Colombia, Hong Kong). This may... 28th July 2020 · 2 mins read
Asia Chart Pack A mixed second quarter The second quarter GDP figures for the region that have already been published make for grim reading, but there is a big divergence between countries. In aggregate terms we estimate that Emerging Asia... 28th July 2020 · 13 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 Update Will Asia benefit from China’s strong rebound? China’s rapid economic recovery from the Global Financial Crisis did not play as big a role as is commonly assumed in supporting growth in the rest of Asia. We doubt a strong rebound in China from the... 24th July 2020 · 4 mins read
Emerging Markets Economic Outlook An uneven recovery An economic recovery is underway across emerging markets, but there are big differences in its speed and strength between regions and countries. China’s economy is making up lost ground rapidly and... 23rd July 2020 · 26 mins read
Asia Data Response Korea GDP (Q2, Provisional) Korean GDP shrank sharply in Q2 on the back of the largest drop in exports since 1963, but output probably bottomed out in the middle of the quarter. The recovery, which is already underway, is set to... 23rd July 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 20th July) Korean trade data for the first 20 days of July suggest that the recovery in exports has continued this month. But the initial rebound has still been weak and the recovery in external demand in the... 21st July 2020 · 2 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 Update Bank of Korea stands pat, but more action still likely The Bank of Korea (BoK) left its policy rate on hold at 0.50% today and while it did not unveil any further unconventional policy measures, the Bank gave hints it could employ them in future. With... 16th July 2020 · 3 mins read
Asia Economic Outlook A multi-speed recovery, with China leading the way Overview Economic activity is rebounding across the region, but the speed of the recovery varies significantly by country. Daily life in China, Vietnam and Taiwan has already returned largely to... 15th July 2020 · 35 mins read
Asia Data Response Singapore GDP (Q2, Advanced) Singapore’s economy contracted by the most on record in Q2, but with many restrictions to economic activity now lifted and strong government support, output is set to rebound over the second half of... 14th July 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 10th Jul.) Korean trade data for the first ten days of this month suggest that the recovery in external demand gained a little momentum at the start of July. This should carry on over the coming months, albeit... 13th July 2020 · 2 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 Update Sri Lanka opts for 100bps cut, more easing likely The Central Bank of Sri Lanka (CBSL) cut both its deposit and lending rates by 100bps to 4.50% and 5.50% respectively at its meeting today, and given the poor outlook for the economy, we think the... 9th July 2020 · 2 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
