Asia Economics Weekly Thai budget boost, Singapore’s cooling jobs market Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week... 21st June 2024 · 6 mins read
Asia Economic Outlook Policy easing to begin soon We expect economic growth in most countries in Asia to slow in the second half of 2024, as tighter fiscal policy, high interest rates and weaker global growth all weigh on demand. Inflation is back to... 20th June 2024 · 28 mins read
Asia Chart Pack Emerging Asia Chart Pack (May 2024) Headline inflation across most of Emerging Asia is now either below or only slightly above central bank targets. Nevertheless, policymakers have struck a slightly more hawkish tone recently due to... 30th May 2024 · 1 min read
Asia Economics Weekly BSP to sound dovish, inflation eases in Taiwan The central bank in the Philippines is likely to leave interest rates unchanged at its scheduled meeting on Thursday. However, the sharp slowdown in economic growth in the first quarter means the BSP... 10th May 2024 · 6 mins read
Asia Rapid Response Philippines GDP (Q1) GDP growth in the Philippines slowed in Q1 and we expect further weakness over the rest of the year as tight monetary policy, slower growth in remittances and weaker export demand weigh on activity. 9th May 2024 · 2 mins read
Asia Rapid Response Philippines Monetary Policy Announcement (April) The central bank in the Philippines (BSP) today left its main policy rate unchanged (at 6.50%), but sounded more hawkish than we had expected on inflation. Accordingly, we are pushing back the timing... 8th April 2024 · 2 mins read
Asia Economics Weekly BoT decision on a knife edge Inflation in Thailand was still negative last month, according to data released earlier today. With recent activity subdued, the central bank will have to change tack and start loosening policy soon... 5th April 2024 · 8 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Mar.) The PMIs from Emerging Asia remained weak in March. We think manufacturing sectors across most of Asia will struggle in the near term but activity in Korea and Taiwan is likely to remain strong. 1st April 2024 · 2 mins read
Asia Economic Outlook Asian central banks waiting for the Fed With inflation easing and domestic demand struggling in much of emerging Asia, central banks are likely to start cutting interest rates soon. The one remaining concern for policymakers is the fear of... 27th March 2024 · 27 mins read
Asia Economics Weekly Monetary policy forecast changes, Korea inflation We are pushing back the timing of when we think the central banks of the Philippines and Indonesia will cut interest rates. Although inflation is within target in both countries and domestic demand is... 2nd February 2024 · 7 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Jan.) The PMI data for Emerging Asia offered some encouraging signs but remained quite weak overall for most economies. While parts of the region are likely to see an improvement in activity, we expect... 1st February 2024 · 2 mins read
Asia Rapid Response Philippines GDP (Q4) GDP growth remained well above trend in Q4 but we don’t expect this strength to last as the deceleration in credit growth feeds through to domestic demand while the external sector continues to... 31st January 2024 · 2 mins read
Asia Economics Weekly Korean consumer weakness, SBP to sound hawkish Korea’s GDP figures published this week show that, although the economy held up relatively well last quarter, the recovery is becoming increasingly lobsided. Exports have been strong, but domestic... 26th January 2024 · 9 mins read
Asia Economics Weekly BoK meeting, Philippines inflation, Asian elections The Bank of Korea looks almost certain to leave interest rates unchanged at its meeting on Thursday. But with inflation falling and concerns about the economy mounting, we expect the central bank to... 5th January 2024 · 6 mins read
