Asia Economics Update Political crisis bad news for Malaysia’s economy The political turmoil that has engulfed Malaysia is likely to undermine the government’s response to the coronavirus crisis and could also set back the progress the country has made in tackling... 24th February 2020 · 3 mins read
Asia Data Response Malaysia GDP (Q4) GDP growth in Malaysia slowed again in Q4 and the disruption to trade and tourism flows from the coronavirus outbreak is likely to cause a much sharper downturn this quarter. The Prime Minister’s... 12th February 2020 · 3 mins read
Asia Data Response Manufacturing PMIs and Korea Trade (Jan.) PMIs for Emerging Asia (ex. China) and Korean trade data were mostly unchanged in January, but neither give a good indication of how the coronavirus has hit the regional economy most recently. With... 3rd February 2020 · 3 mins read
Asia Economics Update Bank Negara Malaysia likely to cut again this year Bank Negara Malaysia (BNM) today cut its policy rate from 3.00% to 2.75%, and with growth set to slow further over the next couple of quarters, we think the central bank will ease policy again later... 22nd January 2020 · 3 mins read
Asia Economics Weekly Taiwan election, Thailand’s currency dilemma Given her huge lead in the opinion polls, it will come as a major surprise if Tsai Ing-wen is not re-elected for a second and final term as Taiwan’s president on Saturday. However, whether Tsai can... 10th January 2020 · 6 mins read
Asia Data Response Manufacturing PMIs (Dec.) PMIs for Emerging Asia (ex. China) improved slightly in December, which is consistent with our view that while regional growth remains weak, it has at least bottomed out. 2nd January 2020 · 2 mins read
Asia Economics Weekly BoK to cut again, Sri Lanka on slow road to recovery Minutes from the Bank of Korea’s (BoK) November rate meeting reveal that while only one of the seven members of its Monetary Policy Board voted for a cut, other members also struck a dovish tone. We... 20th December 2019 · 9 mins read
Asia Economics Focus What to expect in 2020 and how we differ from consensus Growth in Emerging Asia has struggled over the past year. While most economies should stage a modest recovery over the coming quarters on the back of looser fiscal and monetary policy, with China... 19th December 2019 · 9 mins read
Asia Data Response Manufacturing PMIs (Nov.) PMIs for Emerging Asia (ex. China) were slightly more positive in November, suggesting that while industry remains weak it is starting to recover. The continued improvement in PMIs for China provides... 2nd December 2019 · 2 mins read
Asia Economics Update A slow recovery ahead GDP growth was either flat or picked up slightly in most parts of Emerging Asia last quarter, and we think regional growth will rise gradually over the coming year helped by a slow recovery in exports... 22nd November 2019 · 3 mins read
Asia Data Response Malaysia GDP (Q3) GDP growth in Malaysia slowed in the third quarter, and we think the economy is likely to lose more steam in the quarters ahead due to headwinds from tighter fiscal policy and a weak external... 15th November 2019 · 2 mins read
Asia Economics Update Malaysia: central bank still likely to cut rates next year Bank Negara Malaysia (BNM) left its policy rate unchanged at 3.00% today, but with growth set to slow sharply over the next few quarters and inflation likely to remain subdued, we think the central... 5th November 2019 · 3 mins read
Asia Data Response Manufacturing PMIs (Oct.) PMIs for Emerging Asia (ex. China) softened slightly last month and continue to suggest that industry remains weak. The PMIs for China gave mixed signals, but on balance provide some hope for a pickup... 1st November 2019 · 2 mins read
Asia Economics Update Malaysia policy rate on hold, cut likely in November The dovish statement which accompanied today’s decision by Bank Negara Malaysia (BNM) to leave its policy rate on hold at 3.00% suggests that the central bank is leaving the door open to further... 12th September 2019 · 3 mins read
Asia Economics Weekly Korea budget boost, inflation remains low in August The announcement yesterday of plans for a large fiscal boost in Korea’s draft 2020 budget has led us to revise up our Korea growth forecast for next year to 2.5%, from 2.0% previously. That said, we... 30th August 2019 · 7 mins read
Asia Chart Pack Political risk back on the agenda Despite the poor global outlook, GDP growth across Emerging Asia actually picked up slightly in the second quarter, and our forecast is for a further gradual recovery over the remainder of the year... 26th August 2019 · 16 mins read
