Asia Economics Update Inflation to remain low, rates cuts coming Inflation across Emerging Asia has fallen back sharply in recent months and is likely to remain low over the coming quarters. With growth also set to slow, we expect some central banks to start... 7th March 2019 · 1 min read
Asia Economics Update Philippines: chances of rate cuts strengthening February’s drop in inflation to within the target range, and the appointment of a dovish new central bank (BSP) governor, increases the chance of a rate cut next quarter. But the surprise pick of... 5th March 2019 · 1 min read
Asia Data Response Manufacturing PMIs (Feb.) There were few positives in the February PMIs, with the headline readings pointing to another broad-based deterioration in regional manufacturing conditions. The chances of an improvement in the near... 4th March 2019 · 1 min read
Asia Economics Update Philippines: May interest rate cut looking more likely The central bank in the Philippines (BSP) left interest rates unchanged today, but with inflation set to continue falling back over the coming months, we think that the BSP will soon start to unwind... 7th February 2019 · 1 min read
Asia Economics Weekly Peace in Mindanao and a less hawkish Fed Peace in the restive southern province of Mindanao, the second biggest island in the Philippines, could lead to big economic gains for the island itself, but is unlikely to have much impact on overall... 25th January 2019 · 1 min read
Asia Data Response Philippines GDP (Q4) GDP growth in the Philippines was virtually unchanged in Q4 and we expect it to settle at around 6.0% in 2019, falling short of both government targets and the consensus view. 24th January 2019 · 1 min read
Asia Economics Weekly Weak end to 2018, rate cuts likely in the Philippines Data published over the past week show that Emerging Asia ended 2018 on a soft note, a trend we expect to continue into 2019. Meanwhile, a further sharp drop in inflation in the Philippines in... 4th January 2019 · 1 min read
Asia Economics Weekly Thailand to hike rates, peso to fall further The Bank of Thailand (BoT) is likely to raise its policy rate for the first time since 2011 at its meeting on Wednesday due to concerns about accelerating credit growth. Meanwhile, having widened to a... 14th December 2018 · 1 min read
Asia Economics Update Philippines central bank: next move to be a cut The central bank in the Philippines (BSP) left interest rates unchanged today, but with inflation set to fall back sharply over the coming months and policymakers sounding increasingly dovish on the... 13th December 2018 · 1 min read
Asia Data Response Philippines CPI (Nov.) Consumer price inflation in the Philippines fell in November, and looks set to decline further over the coming months due to a combination of lower food and oil prices. If inflation falls back as we... 5th December 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Nov.) The November PMIs for Emerging Asia indicate that the region’s manufacturing sectors lost further momentum in the middle of Q4. Meanwhile, the weakness in new export orders supports our view that the... 3rd December 2018 · 1 min read
Asia Chart Pack The Philippines to gain from lower oil prices Most countries in the region are net oil importers (Malaysia is the key exception) and should gain from the recent drop in oil prices, with the Philippines likely to be among the biggest beneficiaries... 27th November 2018 · 1 min read
Asia Economics Update Chinese investment could make problems worse By seeking closer ties and increased investment from China, President Duterte of the Philippines risks repeating the mistakes made by other countries in the region. With the current account deficit... 22nd November 2018 · 1 min read
Asia Economics Weekly Philippines: inflation to drop, external risks building Recent dovish comments from the Deputy Governor of the central bank of the Philippines (BSP), Diwa Guinigundo, which mention falling inflation expectations and the BSP having the “the flexibility to... 16th November 2018 · 1 min read
Asia Economics Update Philippines: Today likely to be the last hike in the cycle With inflation set to drop back steadily over the coming months, we think today’s rate hike by the central bank of the Philippines (BSP) will be the last in the current cycle. 15th November 2018 · 1 min read
Asia Economics Update Which countries are running out of fiscal firepower? Most governments in Emerging Asia have room to support their economies by loosening fiscal policy further in the event that growth continues to disappoint. However, a few countries, namely Malaysia... 13th November 2018 · 1 min read
