Asia Economic Outlook Economic weakness to prompt policy easing in 2024 GDP growth across most of Emerging Asia has struggled over the past year and we expect growth to remain weak in the near term as tight monetary policy at home and subdued activity abroad weigh on... 25th September 2023 · 34 mins read
Asia Rapid Response Malaysia: Monetary Policy Meeting (September) The decision by Malaysia’s central bank (BNM) to leave the overnight policy rate unchanged at 3.0% came as no surprise. Despite the poor near term outlook for economic growth, we expect BNM to remain... 7th September 2023 · 4 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (August.) Manufacturing PMIs across most of Emerging Asia stood well inside contractionary territory in August. Weak foreign goods demand, elevated interest rates at home and bloated inventory levels suggest... 1st September 2023 · 2 mins read
Asia Rapid Response Malaysia GDP (Q2) Economic growth accelerated in Q2 but we expect a slowdown in the second half of the year as external demand weakens and elevated interest rates curtail domestic demand. 18th August 2023 · 3 mins read
Asia Economics Update Higher food prices pose risk to disinflation process Inflation across Emerging Asia should continue to decline over the coming months. However, the risks are to the upside amid uncertainty over the outlook for food prices. And while we are sticking with... 15th August 2023 · 3 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (July.) Manufacturing PMIs remained in contractionary territory across most of Emerging Asia last month and the underlying data point to further weakness ahead. Falling new orders, bleak employment prospects... 1st August 2023 · 2 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (June.) Manufacturing PMIs declined across most of Emerging Asia and the underlying data point to further weakness ahead. Falling new orders and elevated inventory levels are likely to continue to weigh on... 3rd July 2023 · 2 mins read
Asia Economics Weekly BNM to stay on the sidelines, BSP hints at rate cuts Inflation in Malaysia fell again last month, which supports our view that the central bank’s tightening cycle is now over. But with growth likely to hold up better than elsewhere in the region, and... 23rd June 2023 · 7 mins read
Asia Economic Outlook Slower growth, falling inflation and interest rate cuts GDP growth has slowed sharply across most of Emerging Asia since the middle of last year and looks set to remain weak over the coming quarters, as tight monetary policy at home and subdued activity... 22nd June 2023 · 34 mins read
Asia Economics Weekly Thai inflation below target, tourism rebound continues Inflation in Thailand fell back sharply last month and is now below the central bank’s target, further supporting our view that the BoT’s tightening cycle is now over. Tourism across Asia has... 9th June 2023 · 8 mins read
Asia Data Response Manufacturing PMIs & Korea Trade (May.) Manufacturing PMIs declined in most countries in Emerging Asia. Weak demand and elevated inventory levels are likely to continue to weigh on manufacturing output in Asia over the coming quarters. 1st June 2023 · 2 mins read
Asia Data Response Malaysia GDP (Q1) The economy expanded in Q1 but failed to completely offset the decline from the previous quarter. Growth is likely to remain weak over the coming quarters as elevated interest rates and weak external... 12th May 2023 · 2 mins read
Event EM Asia Drop-In: Thailand’s election and near to long-term economic risks 1683792000 The Thai economy is poised for recovery this year, but before that the country faces a contentious general election on 14th May which could be a trigger for fresh political unrest.
Asia Economics Update Malaysia: Surprise hike, but further tightening unlikely Malaysia’s central bank (BNM) unexpectedly raised its main policy rate (OPR) today by 25bps (to 3.0%), citing the resilient economy as grounds to “further normalise the degree of monetary... 3rd May 2023 · 3 mins read
