Asia Data Response Malaysia GDP (Q2) GDP growth in Malaysia edged down in q/q terms last quarter, and we expect a further slowdown over the coming quarters as commodity prices drop back and the boost from reopening fades. 12th August 2022 · 3 mins read
Asia Economics Weekly Lift-off for the Bank of Thailand Thailand is one of the few countries in the region not to have raised interest rates this year, but that looks set to change on Wednesday. We, along with the majority of other analysts, are expecting... 5th August 2022 · 6 mins read
Asia Economic Outlook Tightening cycles to be short lived as headwinds grow Further interest rate hikes are likely across the region in the near term, and we have raised some of our year-end forecasts to reflect growing concern among the region’s policymakers about inflation... 20th July 2022 · 34 mins read
Asia Economics Update Malaysia: central bank signals gradual tightening cycle Bank Negara Malaysia today raised its main policy rate by 25bps to 2.25% and reiterated that further tightening would be gradual. With the economy on the mend but inflation still low, we are sticking... 6th July 2022 · 3 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs for June fell back mainly due to the weakness of external demand. We think weaker global growth will remain a drag on exports over the coming months and that the region’s industrial... 1st July 2022 · 2 mins read
Asia Chart Pack Thai economy to receive tourism boost After more than two years in the doldrums, Thailand’s tourism sector is finally showing signs of life. Arrivals in May reached 520,000 – a 77% increase from the previous month and 19% of the level... 27th June 2022 · 14 mins read
Asia Data Response Manufacturing PMIs, Korea Trade (May) Manufacturing PMIs for May suggest that cost pressures remain high, but there were more encouraging signs on the external front, with new export orders showing signs of stabilising. Meanwhile, Korean... 1st June 2022 · 2 mins read
Asia Chart Pack Pakistan edges closer to IMF deal Talks between Pakistan and the IMF ended last week without agreement, but the subsequent decision by the government to cut back fuel subsidies has cleared one of the major hurdles towards a deal being... 30th May 2022 · 15 mins read
Emerging Markets Activity Monitor EM growth hit by China lockdown and war in Ukraine Recently-released Q1 GDP figures showed that most EMs performed well at the start of this year, but headwinds are growing. Lockdowns are dealing a heavy blow to China’s economy and spillovers from the... 26th May 2022 · 2 mins read
Asia Economics Weekly Asia late to tightening but won’t have to go far Central banks in India, the Philippines and Malaysia have all raised interest rates for the first time this cycle in recent weeks, and we expect further hikes next week in Indonesia, Korea and... 20th May 2022 · 9 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 Malaysia GDP (Q1) Malaysia’s economy continued to rebound strongly at the start of this year and should grow at a decent pace throughout the rest of 2022. That said, there is still a long way for the recovery to go and... 13th May 2022 · 3 mins read
Asia Economics Update Bank Negara Malaysia will go slow following early hike Bank Negara Malaysia (BNM) raised its main policy rate earlier than many had expected today, but given low inflation and a continued need to support the recovery, we still think that the tightening... 11th May 2022 · 3 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 Data Response Manufacturing PMIs, Korea Trade (Mar.) While Korean trade data show exports remained buoyant, regional Manufacturing PMIs point to lost momentum. With headwinds to export-focussed industry mounting, there are tougher times ahead. 1st April 2022 · 3 mins read
Asia Chart Pack Omicron recedes, but other headwinds emerge Successful vaccination campaigns allowed governments to keep economies open during the recent Omicron waves, and our Mobility Trackers suggest that activity held up much better than we had originally... 29th March 2022 · 15 mins read
