Asia Economics Rates to remain low as virus disruption worsens Surging infections across South East Asia and the slow progress of vaccine rollouts mean that COVID-19 will continue to cause widespread economic disruption across large parts of the region until at... 20th July 2021 · 34 mins read
Asia Economics Weekly South East Asia becomes virus epicentre The virus situation across South East Asia has gone from bad to worse over the past couple of weeks, with Indonesia, Thailand, Malaysia and Vietnam all reporting a record high number of daily cases... 16th July 2021 · 6 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Net capital outflows from emerging markets have picked up over the past month following the Fed’s more hawkish turn at the FOMC meeting in early June. Outflows may intensify over the coming months... 14th July 2021 · 2 mins read
Asia Economics Weekly Thailand’s reopening, exports soften Thailand’s tourism sector will remain heavily depressed despite this week’s reopening of Phuket to foreign tourists. Meanwhile, the latest data provide more evidence that export demand has started to... 2nd July 2021 · 6 mins read
Asia Data Response Manufacturing PMIs (June) The June PMIs dropped back as virus outbreaks and supply chains issues created mounting headwinds for industry. With neither issue likely to be resolved soon, the rapid growth in industry over the... 1st July 2021 · 2 mins read
Asia Chart Pack Virus disruption to continue The virus situation in Emerging Asia has improved compared with a month ago. Although cases are rising sharply in Indonesia, daily numbers have come down in Taiwan, Singapore, India and Malaysia, and... 30th June 2021 · 14 mins read
Asia Economics Weekly August rate hike in Korea, Indonesia outbreak We were already more hawkish that the consensus in expecting a rate hike in Korea this year, but recent comments by the central bank and strong economic data mean we are shifting forward our forecast... 25th June 2021 · 7 mins read
Asia Economics Update Thailand: policy rate on hold until at least end-2022 The Bank of Thailand (BoT) today left interest rates unchanged at their all-time low of just 0.5%, dovish comments from the press conference support our view that rates will be on hold for a long time... 23rd June 2021 · 3 mins read
Asia Economics Weekly Encouraging signs in Thailand The past week in Thailand has seen a number of encouraging developments, but it is too early to start raising our GDP growth forecasts. 11th June 2021 · 6 mins read
Asia Data Response Thailand GDP (Q1) Thailand’s GDP inched up in Q1, despite a renewed outbreak of the virus. But output is unlikely to hold up this quarter. We expect the economy to shrink sharply as a further surge in new COVID-19... 17th May 2021 · 3 mins read
Asia Economics Update Thailand to leave rates at 0.5% for some time to come The Bank of Thailand (BoT) left interest rates on hold at 0.5% today and sounded very downbeat on the prospects for the recovery. The poor outlook for the economy means rates are likely to remain... 5th May 2021 · 3 mins read
Asia Data Response Manufacturing PMIs (Apr.) The April PMI readings suggest that manufacturing improved further in most places in Asia after a strong Q1. Global demand for electronics should continue to support the sector over the next few... 3rd May 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (Mar.) March PMI readings suggest that manufacturing sectors improved further in most places in Asia. Global demand for electronics should continue to support the sector for the next few months. 1st April 2021 · 2 mins read
Asia Economics Update Asian central banks in no rush to raise interest rates Unlike in some emerging markets, central banks across Emerging Asia are in no rush to tighten monetary policy. External factors won’t compel policymakers to tighten, and with inflationary pressures... 30th March 2021 · 3 mins read
Asia Economics Update Thailand: rates to remain at 0.5% for foreseeable future The Bank of Thailand (BoT) left interest rates on hold at 0.5% today and made clear in its accompanying statement that rates will stay low for the foreseeable future. We think the that the policy rate... 24th March 2021 · 3 mins read
Asia Economics Update What would a global return to normality mean for Asia? As vaccines are rolled out across the world and restrictions on economic activity are removed, we expect global consumption patterns to return to something like normal. Electronics exporters, most... 22nd March 2021 · 3 mins read
