Asia Economics Update Drought adds to Thailand’s economic headwinds A severe drought in Thailand is hurting its agricultural sector and adding to the country’s economic woes. Rising downside risks to growth will increase pressure on the Bank of Thailand (BoT) to... 21st July 2015 · 1 min read
Emerging Markets Trade Monitor EM exports nearing a trough Exports from emerging markets continued to be dragged down in May by the impact of low commodity prices and the strength of the US dollar. But as these effects start to unwind over the second half of... 21st July 2015 · 1 min read
Asia Economics Weekly What to expect from Asia in 2017 In our Q3 Emerging Asia Outlook, which was published on Thursday, we rolled out our forecasts to include 2017. This Weekly looks in more detail at the region’s growth prospects for the year after next... 17th July 2015 · 1 min read
Asia Economic Outlook Credit slowdown to weigh on Asian growth After a poor start to 2015, we expect growth in Emerging Asia to pick up in the second half of the year as the benefits of lower oil prices and loose monetary policy filter through to the domestic... 16th July 2015 · 1 min read
India Economics Update Upbeat outlook for remittances The prospects of “Grexit” and interest rate hikes in the US have cast a spotlight on the potential for shifts in capital flows to destabilise emerging markets such as India. One factor that often gets... 16th July 2015 · 1 min read
Asia Economics Update Bank Indonesia to cut rates before the end of the year With inflation still well above target, today’s decision by Bank Indonesia (BI) to leave its main policy rate on hold at 7.50% was no great surprise. While we think rates will stay on hold in the... 14th July 2015 · 1 min read
India Data Response Wholesale Prices (Jun.) Wholesale price inflation was broadly unchanged in June, remaining firmly in negative territory and close to its lowest rate since the series began. Importantly, core inflation fell further, pointing... 14th July 2015 · 1 min read
Emerging Markets Economic Outlook Still stuck in a rut The slowdown in EM growth should bottom out over the second half of this year, but we don’t foresee a significant rebound in 2016-17. 14th July 2015 · 1 min read
Asia Data Response Singapore GDP (Q2 Advanced) The marked contraction in Singapore’s economy in the second quarter is not, on its own, cause for great concern. However, the outlook for the domestic economy is clouded by the likely unwinding of a... 14th July 2015 · 1 min read
India Data Response Industrial Production (May) The weakening of India’s industrial production in May reinforces our view that, despite recent signs of recovery, the sector continues to face significant headwinds. 10th July 2015 · 1 min read
EM Markets Chart Pack Equity sell-off is a Chinese, not EM, phenomenon Despite a rebound in recent days, Chinese equities have slumped since the middle June. Still, the Shanghai Composite is some 90% higher than a year ago, and there is little sign that the sell-off has... 10th July 2015 · 1 min read
Asia Economics Weekly Property price bubbles a threat Property in both Hong Kong and Taiwan looks significantly overvalued. A slump in prices is one of the major risks for these economies over the coming year. 10th July 2015 · 1 min read
Emerging Markets Economics Update Greece, China and the spillovers to EMs Recent events in China and Greece have generated plenty of gloomy headlines about the spillovers to emerging markets but so far the reaction in EM markets has been relatively limited. One reason could... 9th July 2015 · 1 min read
Asia Economics Update Further rate cuts in Korea unlikely Despite the weak economy, the Bank of Korea (BoK) kept its policy rate unchanged at a record low of 1.50% today. We think it will take a severe deterioration in the growth outlook to convince the BoK... 9th July 2015 · 1 min read
India Economics Update Familiar constraints could stall rise in public investment There are signs that the government’s plans to ramp up public investment over the coming years are bearing fruit. However, it is early days and, looking ahead, fully implementing the plans will be a... 8th July 2015 · 1 min read
Asia Economics Focus Why has Thailand’s export growth been so weak? Thailand has struggled with disappointing export growth over the past couple of years, with subdued global demand and real exchange rate appreciation only telling part of the story. Other factors such... 8th July 2015 · 1 min read
