Asia Economics Update Pakistan gets some help from the IMF The IMF late last week approved an emergency $0.45bn loan for Pakistan. The funding is small compared to the cost of the reconstruction work but is a vote of confidence in a government whose initial... 6th September 2010 · 1 min read
Asia Economics Update New Zealand's central bank to pause in September The weekend earthquake in the South Island makes it virtually certain that the Reserve Bank of New Zealand (RBNZ) will pause its monetary policy tightening next week. The latest shock comes on top of... 6th September 2010 · 1 min read
Asia Economics Weekly Bank of Korea set to hike again The Bank of Korea (BoK) meets this week and we expect it to raise its base rate by 25bp to 2.50%. Monetary policy remains stimulatory and the BoK has grown increasingly concerned about rising price... 6th September 2010 · 1 min read
Asia Economics Update Indonesia steps up its policy tightening Bank Indonesia (BI) left its policy rate at 6.5% today, as expected. However, it also announced that the reserve requirement will rise from 5% to 8%, starting from the beginning of November. The... 3rd September 2010 · 1 min read
Asia Economics Update Asia's manufacturing boom is easing to a pace that can last The manufacturing PMIs declined in August. The global upswing is shifting to a slower pace but we expect that the industrial sector expansion in Asia will stabilise at trend rather than collapse. 3rd September 2010 · 1 min read
Asia Economics Update Malaysia's policy tightening pause unlikely to last long Bank Negara Malaysia (BNM) left the reference rate unchanged today at 2.75%, as expected. Our view is that the local economic upswing will comfortably survive the tough global conditions which are in... 2nd September 2010 · 1 min read
Asia Economics Update Australia's economy will continue to outperform Australia’s GDP growth accelerated in Q2 and was led by exports and household spending. The economic outlook remains bright, with the mining boom set to sustain above-trend growth in 2010-11. The... 1st September 2010 · 1 min read
Asia Economics Update Slow start to Q3 but Thailand's outlook is still upbeat Bank of Thailand (BoT) monthly indicators for July are consistent with industrial activity and export growth in the second half of the year being weaker than in the first. But this should be no... 31st August 2010 · 1 min read
Asia Economics Update India is well-placed to shrug off global concerns Q2 GDP data published today were strong relative to a year ago but suggest that momentum slowed sharply in q/q annualised terms. We had expected the recent weakness but do not think that it will last... 31st August 2010 · 1 min read
Asia Economics Update Investment grade looks close for Indonesia The consensus expects that Indonesia will achieve investment grade over the next one-to-three years but we believe that an upgrade by one of the three major ratings agencies will probably happen over... 31st August 2010 · 1 min read
Asia Economics Update Vietnam set for rapid, but high risk, growth August data published over the last week show that the upswing in Vietnam remains strong, inflation has stayed on a slower track, while higher capital inflows are easing the strain on the balance of... 31st August 2010 · 1 min read
Asia Economics Weekly India’s policy tightening still has far to go India’s economic upswing will probably stay strong over the medium term but we suspect that Q2 GDP, published on Tuesday, will be little changed in y/y terms compared to January-March. Household... 30th August 2010 · 1 min read
Asia Economics Update Strong growth in the Philippines to bring rate hikes soon Q2 GDP in the Philippines came in stronger than even our above-consensus forecast. Domestic demand will probably stay strong and should offset the fading support from foreign conditions and inventory... 26th August 2010 · 1 min read
Asia Economics Update More Bank of Thailand tightening on the way The Bank of Thailand (BoT) raised its policy rate by 25bp to 1.75% today, as expected. The economy has shrugged off the political crisis and domestic demand should improve even as exports slow. The... 25th August 2010 · 1 min read
Asia Chart Pack Asia's slowdown should not be feared (Aug 10) Economic growth across Emerging Asia eased in Q2 and in July, as the global upswing lost momentum and domestic policies tightened. Nevertheless, private sector domestic demand is well placed to... 24th August 2010 · 1 min read
Asia Economics Update Thailand's economy shrugs off the political crisis Thailand’s GDP growth came in stronger than our above-consensus forecast in Q2. Export growth will slow from now on but a slump is unlikely while domestic demand is set to stay strong. It is now... 23rd August 2010 · 1 min read
