Asia Economics Update Indonesia: further rate cuts unlikely despite virus surge Bank Indonesia (BI) left interest rates unchanged today at 3.5%, and despite the worsening near-term outlook caused by a surge in COVID-19 cases, the central bank made clear further cuts are unlikely... 22nd July 2021 · 3 mins read
Asia Economics Rates to remain low as virus disruption worsens Surging infections across South East Asia and the slow progress of vaccine rollouts mean that COVID-19 will continue to cause widespread economic disruption across large parts of the region until at... 20th July 2021 · 34 mins read
Asia Economics Weekly South East Asia becomes virus epicentre The virus situation across South East Asia has gone from bad to worse over the past couple of weeks, with Indonesia, Thailand, Malaysia and Vietnam all reporting a record high number of daily cases... 16th July 2021 · 6 mins read
Asia Data Response Manufacturing PMIs (June) The June PMIs dropped back as virus outbreaks and supply chains issues created mounting headwinds for industry. With neither issue likely to be resolved soon, the rapid growth in industry over the... 1st July 2021 · 2 mins read
Asia Chart Pack Virus disruption to continue The virus situation in Emerging Asia has improved compared with a month ago. Although cases are rising sharply in Indonesia, daily numbers have come down in Taiwan, Singapore, India and Malaysia, and... 30th June 2021 · 14 mins read
Asia Economics Weekly August rate hike in Korea, Indonesia outbreak We were already more hawkish that the consensus in expecting a rate hike in Korea this year, but recent comments by the central bank and strong economic data mean we are shifting forward our forecast... 25th June 2021 · 7 mins read
Asia Economics Update Indonesia: policy to remain on hold for some time Bank Indonesia (BI) left its policy rate unchanged at 3.5% today and signalled that it was in no rush to adjust its monetary policy settings again this year. We expect rates to remain low to support... 17th June 2021 · 3 mins read
Long Run Focus Global migration to bounce back Global migration has ground to a halt over the past year or so, but we doubt that the pandemic will have any major lasting impact. Moreover, there is potential for migration to get a fresh impetus... 15th June 2021 · 21 mins read
Asia Economics Update Indonesia: rates to remain low for some time to come Bank Indonesia (BI) left interest rates unchanged at 3.5% today and signalled that it was in no rush to adjust its monetary policy settings again this year. We expect interest rates to remain low to... 25th May 2021 · 2 mins read
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
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 Update No room for further rate cuts in Indonesia Bank Indonesia (BI) left interest rates unchanged at 3.5% today, and despite the downbeat outlook for the economy we see little room for further rate cuts this year. 20th April 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (Mar.) March PMI readings suggest that manufacturing sectors improved further in most places in Asia. Global demand for electronics should continue to support the sector for the next few months. 1st April 2021 · 2 mins read
Asia Economics Update Asian central banks in no rush to raise interest rates Unlike in some emerging markets, central banks across Emerging Asia are in no rush to tighten monetary policy. External factors won’t compel policymakers to tighten, and with inflationary pressures... 30th March 2021 · 3 mins read
Asia Economics Update What would a global return to normality mean for Asia? As vaccines are rolled out across the world and restrictions on economic activity are removed, we expect global consumption patterns to return to something like normal. Electronics exporters, most... 22nd March 2021 · 3 mins read
Asia Economics Update Indonesia: little prospect of rate hikes Recent volatility in financial markets meant Bank Indonesia (BI) was never likely to cut interest rates for a second consecutive month at its meeting today, and further rate cuts look off the agenda... 18th March 2021 · 3 mins read
