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
Asia Economics Weekly Reform boost for Vietnam, regional growth slows The opening up of Vietnam’s economy has gathered pace over the pace couple of months, with the government pressing ahead with a series of reforms which should boost the country’s economic prospects... 9th November 2018 · 1 min read
Asia Data Response Philippines GDP (Q3) We expect the slowdown in GDP growth in Q3 to continue over the coming quarters as the economy faces headwinds from tighter monetary policy and a weakening external environment. 8th November 2018 · 1 min read
Emerging Markets Economics Update Are EMs’ current accounts still a point of concern? The large current account deficits in Turkey and Argentina that precipitated currency crises this year are now narrowing and external positions are in decent shape in most major EMs. But there are a... 7th November 2018 · 1 min read
Asia Economics Weekly TPP boost to Asia, rate hikes unlikely in Korea The announcement that the Trans-Pacific Partnership will come into force on 30th December is important in a number of ways. Not only should it provide a boost to growth prospects across parts of Asia... 2nd November 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Oct.) The October PMIs for Emerging Asia indicate that the region’s manufacturing sectors lost further momentum at the start of Q4. Meanwhile, the weakness in new export orders supports our view that the... 1st November 2018 · 1 min read
Asia Economics Weekly Pakistan and IMF start talks, equities set for further falls The head of the IMF, Christine Legarde this week set the tone for what are likely to be tough negotiations with Pakistan when she said the Fund would require Pakistan to be “absolutely transparent”... 12th October 2018 · 1 min read
Asia Economics Update What does the recent jump in oil prices mean for Asia? The biggest impact of a period of sustained higher oil prices would be in India and the Philippines, whose current account deficits would be pushed even more into the red, putting further downward... 4th October 2018 · 1 min read
Asia Economics Update More rate hikes likely in the Philippines Today’s 50bp rate hike in the Philippines comes in response to a further rise in inflation and is unlikely to be the last in the current cycle. We are expecting rates to rise by at least a further... 27th September 2018 · 1 min read
