Asia Data Response Indonesia GDP (Q1) Indonesia’s economy struggled to gain any momentum in the first quarter of the year and a failure to contain the virus will hold back the recovery in the quarters ahead. 5th May 2021 · 3 mins read
India Economics Update State election results fail to move the needle Results of the state elections that have been taking place over the past couple of months are unlikely to have undermined the BJP’s willingness to implement difficult economic reforms, particularly... 3rd May 2021 · 3 mins read
Asia Data Response Korea Trade (Apr.) Korean export values were well above pre-pandemic levels in April, and with semiconductor demand set to remain elevated, at least in the short term, exports are likely to stay strong. 3rd May 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (Apr.) The April PMI readings suggest that manufacturing improved further in most places in Asia after a strong Q1. Global demand for electronics should continue to support the sector over the next few... 3rd May 2021 · 2 mins read
Asia Economics Weekly Weak consumption holding back recovery in Korea Korea’s Q1 GDP data showed that while output surpassed its pre-pandemic level last quarter, private consumption remained depressed. With COVID-19 infections still running at around 650 a day, consumer... 30th April 2021 · 7 mins read
Emerging Markets Economic Outlook New virus waves to drag on the recovery The surge in virus cases across large parts of the emerging world and the slow pace of vaccine rollout mean that the headwinds facing the EM recovery are building. EM currencies are likely to see... 28th April 2021 · 25 mins read
Asia Chart Pack Thailand: from bad to worse A jump in new virus cases in Thailand is already showing signs of holding back the recovery and could jeopardise plans to reopen the crucial tourist sector. Despite its initial success in containing... 28th April 2021 · 14 mins read
China Economics Update China’s population may have peaked China’s census has revealed the first population decline since the People’s Republic was founded, according to the FT. If this is confirmed and the beginning of a trend, China’s challenge in... 27th April 2021 · 3 mins read
Asia Data Response Korea GDP (Q1, provisional) Korea’s economic recovery regained momentum in Q1, adding weight to our above-consensus growth forecast of 5% for 2021. Loose fiscal policy and strong export demand should continue to support the... 27th April 2021 · 3 mins read
Asia Economics Weekly Travel troubles, virus surge prompts forecast cuts Delays to the Hong Kong-Singapore travel bubble will have no direct implications for either economy, but the problems in getting the scheme off the ground demonstrate how difficult it is proving to... 23rd April 2021 · 7 mins read
Asia Economic Outlook Resurgent infections threaten recovery Asia’s emergence from the pandemic has been threatened recently by a resurgence in infections across parts of the region. Most of South Asia, the Philippines and Thailand have had to introduce new... 21st April 2021 · 34 mins read
Emerging Markets Economics Chart Pack Virus outbreaks cloud the outlook New COVID-19 cases have surged in the emerging world, with India, Emerging Europe and Latin America particularly hard hit. Social distancing measures have been tightened in many countries, which will... 21st April 2021 · 11 mins read
Asia Economics Update Taiwan under pressure over currency practices The US Treasury today held off from labelling Taiwan and Vietnam currency manipulators in its semi-annual report, despite them both meeting all three criteria officially laid down by the Treasury... 16th April 2021 · 3 mins read
Asia Economics Weekly Taiwan’s semiconductor boom, Korea uncertainty Booming demand for semiconductors is prompting us to raise our Taiwan growth forecast for this year from 4.5% to 5.0%. This is well above the consensus of just 4.2%. Meanwhile, labour market data... 16th April 2021 · 6 mins read
Asia Economics Update Singapore: monetary policy to remain on hold in 2021 The Monetary Authority of Singapore (MAS) left policy on hold today as advanced Q1 GDP data showed the economy rebounded further. While GDP is set to continue recovering at a decent pace, a persistent... 14th April 2021 · 3 mins read
Asia Economics Focus Taiwan in the cross hairs Ongoing disruption to global auto production has highlighted the extent to which semiconductors have become an essential input in products that aren’t traditionally considered electronics and also how... 13th April 2021 · 12 mins read
