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 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
Asia Economics Update Pakistan: Further tightening needed, as IMF talks begin High inflation and the fall in the currency were the two key factors behind the State Bank of Pakistan’s (SBP) decision to raise interest rates by a further 150bp today. More tightening looks... 23rd May 2022 · 3 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 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 Economics Weekly What next for Pakistan and Sri Lanka? Recent tumultuous events in Pakistan and Sri Lanka should eventually pave the way for IMF deals in both countries, which over time may lead to the return of economic stability. However, this is by no... 14th April 2022 · 5 mins read
Asia Economics Update Five questions (and answers) on Pakistan’s crisis We held a Drop-In on the political and economic problems facing Pakistan earlier today (see an on-demand recording here). This Update answers some of the most common questions that we received. 13th April 2022 · 5 mins read
Asia Economics Update Pakistan: major challenges await new PM The main challenge facing Shehbaz Sharif, who today replaced Imran Khan as prime minister of Pakistan, is stabilising the economy. The key to achieving this is a deal with the IMF. The price for any... 11th April 2022 · 3 mins read
Asia Economics Weekly Pakistan: PM Khan stumped, emergency hike by SBP In Pakistan, the week began with a constitutional crisis and it will likely end with a new Prime Minister at the helm following the Supreme Court ruling on Thursday. Prime Minister Khan’s successors... 8th April 2022 · 7 mins read
Asia Economics Update Flaring political risks a major threat in South Asia A constitutional crisis in Pakistan threatens to scupper its deal with the IMF, which would throw its already-precarious external situation into very dangerous territory. Meanwhile, political meltdown... 4th 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
Asia Economics Update Pakistan: central bank to resume tightening cycle soon The State Bank of Pakistan (SBP) today left interest rates on hold, but the surge in oil prices mean it is likely to resume its tightening cycle soon. Drop-In (8 March, 10:00 EST/15:00 GMT): We’re... 8th March 2022 · 2 mins read
Asia Chart Pack How will central banks respond to rising oil prices? The recent jump in oil prices poses a significant upside risk to our inflation and interest rate forecasts for this year. Central banks would normally “look through” a one-off jump in the price level... 28th February 2022 · 14 mins read
Asia Economics Update Inflation a worry in South Asia, but less so elsewhere Inflation is a growing concern for policymakers in South Asia and means interest rates are likely to rise further this year. Elsewhere in Asia, inflation remains low and is likely to fall back over... 8th February 2022 · 4 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 Update Pakistan: a pause to the tightening cycle The State Bank of Pakistan (SBP) left interest rates on hold today at 9.75% and indicated that further modest tightening is likely later in the year. We think the central bank will take a breather... 24th January 2022 · 2 mins read
