Asia Data Response Taiwan GDP (Q1) Taiwan’s economy contracted by 1.5% q/q in the first quarter of the year, and things are likely to get much worse before they get better. Despite containing the virus at home, a slump in global growth... 30th April 2020 · 3 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 Taiwan headed for recession despite containment success Taiwan’s success at containing the coronavirus outbreak at home will not prevent the economy from falling into a huge recession this year. We think the economy will shrink by 5% this year, which would... 22nd April 2020 · 3 mins read
Asia Data Response Manufacturing PMIs (Mar.) The manufacturing PMIs for Asia suggest that industry has been hit hard by the coronavirus, and we suspect the readings will deteriorate much further in the next couple of months. 1st April 2020 · 2 mins read
Asia Economics Update Taiwan cuts rates, more easing likely In response to the rapidly worsening outlook for the economy, Taiwan’s central bank (CBC) today cut its key policy rate today by 25bps to 1.125% and announced other measures to support the economy... 19th March 2020 · 3 mins read
Asia Economics Focus New forecasts for Emerging Asia as coronavirus spreads There is a huge amount of uncertainty over how things will play out over the coming weeks as the coronavirus crisis continues to unfold, and any forecasts should be taken with more than the usual... 10th March 2020 · 10 mins read
Asia Economics Update What do falling oil prices mean for Emerging Asia? Most countries in Emerging Asia are net importers of oil, so would usually stand to gain from a big drop in prices. But with the coronavirus continuing to spread and people increasingly avoiding... 9th March 2020 · 3 mins read
Asia Economics Update Coronavirus: the long-term impact on supply chains The coronavirus itself may not trigger a wholesale reorganisation of supply chains, but it strengthens the argument for companies to reduce associated risks. One response might be to introduce more... 2nd March 2020 · 3 mins read
Asia Data Response Manufacturing PMIs (Feb.) PMI readings for Asia are likely to have understated the disruption to industry from factory shutdowns in China, and the recent rise in coronavirus cases outside of China means that worse may be yet... 2nd March 2020 · 2 mins read
Asia Data Response Manufacturing PMIs and Korea Trade (Jan.) PMIs for Emerging Asia (ex. China) and Korean trade data were mostly unchanged in January, but neither give a good indication of how the coronavirus has hit the regional economy most recently. With... 3rd February 2020 · 3 mins read
Asia Data Response Taiwan GDP (Q4) Taiwan’s economy picked up steam again last quarter, and with the economy continuing to benefit from the trade war, we expect growth to remain strong throughout 2020. 21st January 2020 · 3 mins read
Asia Economics Focus Taiwan: what to expect from Tsai’s second term and beyond The two key economic challenges facing Tsai Ing-wen in her second and final term as Taiwan’s president are the deteriorating demographic outlook and the long-term decline in productivity growth. A... 13th January 2020 · 14 mins read
Asia Economics Weekly Taiwan election, Thailand’s currency dilemma Given her huge lead in the opinion polls, it will come as a major surprise if Tsai Ing-wen is not re-elected for a second and final term as Taiwan’s president on Saturday. However, whether Tsai can... 10th January 2020 · 6 mins read
Asia Data Response Manufacturing PMIs (Dec.) PMIs for Emerging Asia (ex. China) improved slightly in December, which is consistent with our view that while regional growth remains weak, it has at least bottomed out. 2nd January 2020 · 2 mins read
Asia Economics Weekly BoK to cut again, Sri Lanka on slow road to recovery Minutes from the Bank of Korea’s (BoK) November rate meeting reveal that while only one of the seven members of its Monetary Policy Board voted for a cut, other members also struck a dovish tone. We... 20th December 2019 · 9 mins read
Asia Economics Focus What to expect in 2020 and how we differ from consensus Growth in Emerging Asia has struggled over the past year. While most economies should stage a modest recovery over the coming quarters on the back of looser fiscal and monetary policy, with China... 19th December 2019 · 9 mins read
