Asia Economics Update Philippines: an end to the tightening cycle The central bank in the Philippines (BSP) today left interest rates unchanged (at 6.25%) but stated it was ready to resume its tightening cycle later in the year. However, with inflation falling back... 18th May 2023 · 3 mins read
Asia Economics Update How big are the risks from Korea’s property downturn? A sharp rise in Korean interest rates over the past 18 months is leading to a steep downturn in the property market. Encouragingly, the banking sector looks well placed to cope, but the broader... 17th May 2023 · 3 mins read
Event Asia Drop-In: Chinese economic growth at 2% – Revisiting our 2018 call 1685001600 Five years ago, we forecast that China’s trend economic growth would be as little as 2% by the end of this decade. At the time, it was a decidedly minority view.
Asia Economics Update Five key questions (and answers) on the Thai election Thailand’s general election has delivered a massive victory for the main opposition parties, but this may not be enough to allow them to form the next government. This Update answers five key... 15th May 2023 · 3 mins read
Asia Data Response Thailand GDP (Q1) GDP figures released earlier today show the economy bounced back strongly in the first quarter of the year. Provided political stability is maintained, the economy is well placed to grow strongly in... 15th May 2023 · 3 mins read
Asia Data Response Malaysia GDP (Q1) The economy expanded in Q1 but failed to completely offset the decline from the previous quarter. Growth is likely to remain weak over the coming quarters as elevated interest rates and weak external... 12th May 2023 · 2 mins read
Asia Data Response Philippines GDP (Q1) Growth slowed in Q1 and we expect the economy to weaken further over the coming quarters against a backdrop of weak global demand and high interest rates. 11th May 2023 · 3 mins read
Asia Economics Focus Will Thailand’s prospects improve after the election? Provided Thailand’s general election on 14th May does not set off a new round of political unrest and violence, the economy should grow strongly this year. But the long-term outlook is challenging... 8th May 2023 · 13 mins read
Event EM Asia Drop-In: Thailand’s election and near to long-term economic risks 1683792000 The Thai economy is poised for recovery this year, but before that the country faces a contentious general election on 14th May which could be a trigger for fresh political unrest.
Asia Data Response Indonesia GDP (Q1) Economic growth in Indonesia was unchanged at 5.0% y/y in the first quarter of the year, but we think growth will slow over coming months as tight monetary policy and weaker exports drag on activity. 5th May 2023 · 2 mins read
Emerging Markets Economics Update How feasible is a BRICS currency? Over the weekend, President-elect Donald Trump threatened a 100% import tariff on the BRICS countries unless they pledge not to create their own currency. In this note from 2023, we outlined the... 4th May 2023 · 6 mins read
