Asia Economics Update More policy loosening on the way in Singapore The Monetary Authority of Singapore (MAS) loosened its policy settings today by targeting a slower pace of currency appreciation. Q3 GDP figures, also released today, show that the economy had little... 15th October 2011 · 1 min read
Asia Economic Outlook Asia set to weaken but still outperform A slowdown in developed economies in 2012-13 is set to pull down growth in emerging Asia to a below-trend pace. However, the region’s healthy fundamentals mean that emerging Asia should once again be... 6th October 2011 · 1 min read
Asia Economics Update Asia manufacturing weakens further September PMIs for Asia released over the past couple of days remained weak. Although Asia is relatively well-placed to withstand weaker global demand, the recent PMIs reinforce our view that Asian... 5th October 2011 · 1 min read
Asia Chart Pack Supply-chain disruptions temporarily hit growth Q2 GDP figures reported so far within emerging Asia have tended to be weak, with some analysts suggesting that sluggish growth in the US and euro-zone have stalled growth in Asia. This seems premature... 27th August 2011 · 1 min read
Asia Economics Update What to make of Singapore's negative interest rates? Singapore’s short-term swap offer rates (SOR) turned negative last week, prompting questions as to whether this amounts to an implicit policy easing. We think not. The negative short-term SOR is... 17th August 2011 · 1 min read
Asia Economics Update Emerging Asia PMIs fall sharply Purchasing Manager Indices (PMIs) released over the past two days for India, Taiwan, Australia and Singapore all worsened considerably. Manufacturing across Asia is likely to remain subdued for the... 3rd August 2011 · 1 min read
Asia Economics Update High inflation in Singapore will not bring more MAS tightening The Monetary Authority of Singapore (MAS) revised up its 2011 inflation forecast last week while data out today show that inflation rose in June. Nonetheless, talk of runaway price pressures looks... 26th July 2011 · 1 min read
Asia Economics Weekly Interest rates to rise in the Philippines The Philippines’ central bank (BSP) will announce its latest policy decision on Thursday. As with elsewhere in the region, the BSP faces a dilemma as it looks to keep inflationary pressures under... 26th July 2011 · 1 min read
Asia Chart Pack Global risks may delay policy tightening Inflation remains a concern across most of the region. Central banks in Taiwan and Thailand have hiked their policy rates in recent weeks, while the central bank in Malaysia increased its reserve... 22nd July 2011 · 1 min read
Asia Economics Update Singapore’s economic weakness will be short-lived Singapore’s advance estimate of GDP in the second quarter shows that the economy contracted due to weakness in the manufacturing sector. However, the expansion should resume in the second half of this... 15th July 2011 · 1 min read
Asia Economics Weekly Singapore’s growth to improve later this year Singapore’s latest GDP figures will be released on Thursday and are likely to show that the economy contracted in the second quarter. However, this should be seen in the context of strong growth... 12th July 2011 · 1 min read
Asia Economic Outlook End of Asia’s policy tightening in sight Policy rates across Emerging Asia are likely to rise further towards pre-crisis levels in the coming months. However,tightening cycles should end next year with rates below their 2008 peaks. Most... 1st July 2011 · 1 min read
Asia Economics Weekly Singapore's economy set for a soft landing Singapore’s small, open economy is susceptible to weakening global conditions, but we believe that growth will prove to be resilient this year. Strengthening domestic demand and intraregional links... 21st June 2011 · 1 min read
Asia Economics Weekly Singapore's economy set for a soft landing Singapore’s small, open economy is susceptible to weakening global conditions, but we believe that growth will prove to be resilient this year. Strengthening domestic demand and intraregional links... 21st June 2011 · 1 min read
Asia Economics Update Singapore's central bank done with policy tightening in 2011 The Monetary Authority of Singapore (MAS) tightened policy today by re-centring its exchange rate target band at a higher level. Q1 GDP figures, also released today, were very strong and show that... 14th April 2011 · 1 min read
Asia Economics Weekly Singapore set for more policy tightening Singapore’s GDP growth probably remained strong in Q1, keeping overheating as the main policy concern. With headline inflation remaining well above the central bank’s 3-4% target range, and wages... 11th April 2011 · 1 min read