Asia Economics Weekly Singapore inflation worries, BBM taking the right steps Rising inflation and a strong economy have fuelled talk that monetary policy in Singapore will need to be tightened further. But we think the backdrop will have changed by the time the Monetary... 27th May 2022 · 7 mins read
Asia Economics Update Philippines: central bank will tighten gradually The central bank in the Philippines (BSP) started raising interest rates today, but with inflation set to slow later in the year and the economic recovery likely to weaken, the tightening cycle is set... 19th May 2022 · 3 mins read
Asia Economics Weekly What next for the recovery? Politics takes centre stage Despite a surge in virus cases at the start of the year, most countries recorded decent growth in the first quarter. We expect recoveries to continue over the coming months on the back of an easing of... 13th May 2022 · 6 mins read
Asia Data Response Philippines GDP (Q1) The Philippines economy beat expectations again in Q1 and should have gained further momentum in recent months. But we suspect the strength of the recovery will begin to wane soon. China Drop-In (12... 12th May 2022 · 3 mins read
Asia Economics Update Philippines: What to expect from Bongbong Marcos Ferdinand “Bongbong” Marcos Jr. is eager to resume the “Build Build Build” infrastructure programme of his predecessor and pursue closer ties with China. Extra spending on infrastructure would be... 9th May 2022 · 4 mins read
Asia Economics Weekly BSP to tighten gradually, Philippines election Despite the sharp jump in inflation in the Philippines last month, the central bank looks set to raise interest rates only gradually. Meanwhile, the key event of the coming week is the presidential... 6th May 2022 · 8 mins read
Asia Data Response Manufacturing PMIs, Korea Trade (Apr.) Regional Manufacturing PMIs point to a further worsening of industry conditions, chiming with Korean trade data which suggest a major softening of external demand. Both reinforce the view that... 3rd May 2022 · 3 mins read
Asia Chart Pack Tightening cycles to be gradual Central banks across the region have recently turned more hawkish. Over the past month or so, policymakers in Korea, Taiwan, Singapore, Sri Lanka, India and Pakistan have all tightened policy... 29th April 2022 · 14 mins read
Asia Economic Outlook New headwinds emerge Our GDP growth forecasts are generally above the consensus, but with higher commodity prices and weaker global demand set to weigh on economic recoveries, growth across much of Emerging Asia will be... 28th April 2022 · 35 mins read
Asia Economics Weekly More dovish signals from South East Asia Dovish comments from policymakers over the past week support our view that central banks in South East Asia will buck the trend of global tightening and leave interest rates unchanged over the coming... 25th March 2022 · 7 mins read
Asia Economics Update Philippines: central bank in no rush to tighten The central bank in the Philippines (BSP) left its main policy rate on hold at 2.00% today and will be in little hurry to tighten policy in the months ahead, with supporting the economic recovery set... 24th March 2022 · 2 mins read
Asia Chart Pack How will central banks respond to rising oil prices? The recent jump in oil prices poses a significant upside risk to our inflation and interest rate forecasts for this year. Central banks would normally “look through” a one-off jump in the price level... 28th February 2022 · 14 mins read
Asia Economics Update Philippines: no rate hikes this year The central bank in the Philippines (BSP) left its main policy rate unchanged at 2.0% today and we expect rates to be left on hold throughout 2022. In contrast, the consensus is expecting 50bps of... 17th February 2022 · 2 mins read
Asia Economics Weekly Singapore budget, elections loom in the Philippines The focus of Singapore’s 2022 budget next Friday will be on steps to raise revenues to help deal with a rapidly ageing population, as the government shifts away from supporting the economy through the... 11th February 2022 · 6 mins read
Asia Economics Weekly Encouraging developments in the Philippines The Philippines has been hit harder than any other country in the region by the pandemic, but the past week has at least brought some good news. The latest Omicron wave appears to have had only a... 4th February 2022 · 8 mins read
Asia Data Response Manufacturing PMIs (Jan.) January Manufacturing PMIs suggest that regional industry remains in rude health after a very strong end to last year. While there are signs that producers are having some success in tackling large... 3rd February 2022 · 2 mins read
