Asia Chart Pack Rising virus numbers unlikely to derail recovery The Omicron variant is spreading quickly across Asia. Daily virus numbers are now at record levels in Korea, Singapore and the Philippines. However, the economic impact of Omicron is shaping up to be... 27th January 2022 · 15 mins read
Asia Economic Outlook Central banks in no hurry to tighten Omicron should prove no more than a small stumbling block for Asia. Our forecasts are for above-trend and above-consensus growth in most countries this year. India, Indonesia and Korea are likely to... 25th January 2022 · 34 mins read
Asia Economics Weekly Thai tourism boost, new oil price forecasts Better times lie head for Thailand’s tourism industry after the government this week announced it would resume its quarantine-free travel scheme from 1 st February. A recovery in tourism will not only... 21st January 2022 · 8 mins read
Asia Economics Update Markets mispricing the chance of rate hikes in Malaysia The dovish tone of Bank Negara Malaysia (BNM) as it left rates on hold today only strengthens our non-consensus view that policy will be left on hold this year to support the recovery. In contrast... 20th January 2022 · 3 mins read
China Economics Update A guide to political events in 2022 Korea, the Philippines and India are each holding elections this year that will play a role in setting fiscal and structural reform priorities, including the possible introduction of a universal basic... 10th January 2022 · 4 mins read
Emerging Markets Economics Update EM manufacturers end 2021 on a solid footing December’s PMIs suggest that EM manufacturers ended last year on a firm note, with headline indices rising in much of Emerging Europe and Emerging Asia. Encouragingly, input and output price... 4th January 2022 · 2 mins read
Asia Economics Update Industry momentum strong going into 2022 Manufacturing PMIs and timely trade data reveal that Asia’s export-focussed industry gained momentum at the turn of the year. While the Omicron variant presents a key threat to the outlook, it is... 4th January 2022 · 2 mins read
Asia Chart Pack What Omicron means for monetary policy in Asia Most countries in Emerging Asia have now recorded cases of Omicron, and the experience from elsewhere in the world suggests that it is only a matter of time before there is widespread community... 22nd December 2021 · 14 mins read
Asia Economics Weekly Asia will not follow the Fed Domestic factors, rather than the actions of the US Federal Reserve, will determine what happens to monetary policy across Asia over the coming year. – This will be the last Economics Weekly for 2021... 17th December 2021 · 8 mins read
Asia Economics Update South East Asia rebounding, but disruption set to linger Disruption to industrial activity across South East Asia has eased considerably in the past few weeks, helping to relax global supply constraints, especially in the automotive sector. However, a... 1st December 2021 · 2 mins read
Emerging Markets Economics Update The Omicron variant and the threat to EMs There’s a lot that we don’t know about the new Omicron variant. But if it proves more virulent, the economic fallout would probably be largest in EMs in parts of Africa and South and South East Asia... 29th November 2021 · 4 mins read
Asia Chart Pack Omicron fears stall plans to reopen borders Amid all the uncertainty caused by the arrival of Omicron, one thing we can say with some conviction is that the new variant is further bad news for the region’s beleaguered tourism industry. Up until... 29th November 2021 · 15 mins read
Asia Economics Weekly Recent rate hikes not the start of a trend Attention over the past week has been on the region’s more hawkish central banks, following rate hikes in Korea and Pakistan. Both countries, along with Sri Lanka (which unexpectedly left rates... 26th November 2021 · 6 mins read
Emerging Markets Economics Focus Why is inflation different in Asia? Inflation hasn’t emerged as a concern across Emerging Asia in the same way it has in the rest of the emerging world, in part because food price inflation in Asia is much lower, but also because the... 22nd November 2021 · 10 mins read
Asia Economics Update Export orders dip, but shortages will persist Taiwan export orders dropped back in October, but the big picture is that they are down only slightly over the past few months and remain at an elevated level. Looking ahead, we expect demand to... 22nd November 2021 · 2 mins read
Asia Economics Weekly Vaccine progress, external turnaround in Indonesia After a slow start, countries across South East Asia are now making encouraging progress with vaccine rollouts. The rise in coverage should reduce the need for further lockdowns and set the stage for... 19th November 2021 · 9 mins read
