Asia Data Response

Manufacturing PMIs (Jan.)

PMI readings for Asia suggest that manufacturing sectors improved further in most places. Buoyant global demand for electronics should continue to support the sector for at least the next few months.

1st February 2021 · 2 mins read

Asia Data Response

Singapore GDP (Q4, Advanced)

Advanced GDP data show that Singapore’s economy continued to rebound at the end of 2020 – buoyant global demand for electronics and pharmaceuticals, strong fiscal support, and widespread vaccination...

4th January 2021 · 3 mins read

Asia Data Response

Manufacturing PMIs (Nov.)

PMI readings for Asia suggest that manufacturing conditions improved significantly in November. Buoyant global demand for electronics should continue to support the sector over the coming months.

1st December 2020 · 2 mins read

Asia Data Response

Singapore GDP (Q3, revised)

The upward revision to Singapore’s Q3 GDP figures shows that the economy has rebounded strongly, and we expect the recovery to continue at a decent pace on the back of strong fiscal support and...

23rd November 2020 · 3 mins read

Asia Data Response

Singapore GDP (Q3, Advanced), MAS Decision

The Monetary Authority of Singapore (MAS) left policy on hold today as advanced GDP data showed that the economy rebounded well in Q3. However, with GDP still well below its pre-crisis level, the MAS...

14th October 2020 · 3 mins read

Asia Chart Pack

Second wave unlikely to completely derail recoveries

Having been among the fastest in the world at controlling the initial outbreak, Hong Kong, Vietnam and Korea are all at different stages of a second wave of infections. With new infections in Hong...

26th August 2020 · 14 mins read

Asia Data Response

Singapore GDP (Q2)

Revised GDP figures confirm that Singapore’s economy collapsed in Q2, but the message from the more-timely data is that a strong recovery is already underway. We expect this rebound to continue...

11th August 2020 · 3 mins read

Asia Economics Update

Will Asia benefit from China’s strong rebound?

China’s rapid economic recovery from the Global Financial Crisis did not play as big a role as is commonly assumed in supporting growth in the rest of Asia. We doubt a strong rebound in China from the...

24th July 2020 · 4 mins read

Emerging Markets Trade Monitor

Nascent export rebound has further to run

EM goods exports remained weak in May, but partial June data point to a fledgling recovery. This is likely to continue in the coming months, although a number of factors look set to constrain the...

16th July 2020 · 3 mins read

Asia Data Response

Singapore GDP (Q2, Advanced)

Singapore’s economy contracted by the most on record in Q2, but with many restrictions to economic activity now lifted and strong government support, output is set to rebound over the second half of...

14th July 2020 · 3 mins read

Asia Economics Weekly

Auto slowdown in Thailand, Singapore bouncing back

Despite having successfully contained the virus, which has allowed daily life in Thailand to return to normal quicker than in other parts of the region, the country is still set to be one of the worst...

3rd July 2020 · 7 mins read

Asia Data Response

Singapore Trade (May)

The strength of the pharmaceutical and electronics sectors has helped Singaporean exports to outperform and is one reason why we are revising up our GDP growth forecast for 2020 from -8.0%, to -6.0%.

17th June 2020 · 2 mins read

Asia Economics Focus

Which countries will rebound fastest?

The high-frequency data that we track suggest that while economic activity is picking up across most of the region, the pace of recovery varies significantly by country. We expect China, Singapore...

8th June 2020 · 11 mins read

Asia Data Response

Manufacturing PMIs (May)

We suspect that PMI readings do not accurately reflect the change in industry conditions last month, but they are still indicative of the fact that output remains very depressed.

1st June 2020 · 2 mins read

Asia Economics Weekly

Bumps in Korea’s recovery, how to interpret the PMIs

A couple of new outbreaks of coronavirus in Korea’s capital city, Seoul, has led to renewed fears of a second wave of infections. The recent spike appears to have put the recovery on hold and has led...

29th May 2020 · 5 mins read