Asia Data Response Thailand GDP (Q3) GDP figures published today show that the worst is now over for Thailand’s economy, but its dependence on tourism means it is likely to experience one of the slowest recoveries in the region. 16th November 2020 · 3 mins read
Asia Economics Update How might the US election impact Asia? With the US election result unlikely to have immediate ramifications for US GDP, the main issue for much of Asia is how it affects trade policy. A Joe Biden presidency would be less confrontational... 21st October 2020 · 3 mins read
Asia Economics Update Thai protests a key risk to the recovery The renewed risk of domestic political unrest in Thailand following the declaration of a “severe” state of emergency could act as a further drag on the already beleaguered economy. 15th October 2020 · 2 mins read
Asia Economics Update Thailand: onus on fiscal policy after rates left unchanged The Bank of Thailand’s (BoT) decision to leave interest rates unchanged at 0.5% came as no surprise, and rates look set to remain unchanged for some time to come. The central bank hinted at further... 23rd September 2020 · 3 mins read
Asia Economics Update Thailand: Slow recovery despite virus success Despite Thailand’s success in containing the coronavirus, the country is likely to record one of the biggest falls in GDP in the region this year. A collapse in tourism and a slump in automotive... 7th September 2020 · 4 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 Thailand GDP (Q2) The drop in Thai GDP last quarter was not as huge as some other economies in the region, but Thailand’s dependence on tourism will weigh on the recovery in the quarters ahead and means the economic... 17th August 2020 · 3 mins read
Asia Economics Update What next for the Bank of Thailand? The Bank of Thailand’s (BoT) decision to leave interest rates unchanged at 0.5% despite the very poor outlook for the economy suggests further rate cuts are unlikely. In its statement, the BoT hinted... 5th 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 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 Manufacturing PMIs (Jun.) The PMIs point to an improvement in manufacturing conditions last month, although many readings are still low and suggest that overall manufacturers continue to struggle. 1st July 2020 · 2 mins read
Asia Economics Update What will the Bank of Thailand do next? The Bank of Thailand’s (BoT) decision to leave interest rates unchanged at 0.5% today despite the dire outlook for the economy suggests that further cuts to the policy rate are unlikely. Instead, the... 24th June 2020 · 3 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
