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
Asia Economics Update Singapore: boost from pharma sector will not last A surge in pharmaceutical production has provided a significant boost to Singapore’s economy over the past couple of months, but this is likely to prove temporary and will not prevent a massive... 26th May 2020 · 3 mins read
Asia Data Response Singapore GDP (Q1) A very strong performance from the biomedical manufacturing sector meant that Singapore’s economy contracted much less in Q1 than previously thought. But with a stringent lockdown in place at home and... 26th May 2020 · 3 mins read
Asia Economics Weekly Infections ease, but recovery proving slow Though there are notable exceptions, there are some encouraging signs that new infections of the coronavirus are falling in many places in Emerging Asia. The slowing spread of the virus should allow... 8th May 2020 · 6 mins read
Asia Chart Pack South Asia and Indonesia are a big worry We remain deeply concerned about the rapidly rising number of cases of coronavirus across South Asia as well as Indonesia. A failure to contain the virus would have significant economic consequences... 27th April 2020 · 9 mins read
Asia Economics Update Singapore: MAS reaching limits of monetary policy The Monetary Authority of Singapore (MAS) loosened policy today by reducing the slope of its policy band, and even though the outlook for growth and inflation is very downbeat, we don’t expect further... 30th March 2020 · 3 mins read
