Asia Data Response Thailand GDP (Q1) GDP growth in Thailand slowed to a four-year low in the first quarter of the year, and with exports set to remain weak, we expect growth to stay subdued. The uncertain political situation is the main... 21st May 2019 · 1 min read
Asia Economics Weekly More of the same in Indonesia, Thai election result In his first major policy speech since his re-election President Joko Widodo promised to press ahead with plans to boost infrastructure spending, reduce bureaucracy and open up the economy to foreign... 10th May 2019 · 1 min read
Asia Economics Update Bank of Thailand to leave rates on hold this year Despite the downbeat outlook for Thailand’s economy, the central bank (BoT) left interest rates unchanged at its meeting today. Continued concerns over risks in the financial sector mean that it is... 8th May 2019 · 1 min read
Asia Data Response Manufacturing PMIS (Apr.) A slight improvement in the April PMIs fits with yesterday’s trade data from Korea in suggesting that the region’s economies have passed the worst. That said, we still expect regional growth to remain... 2nd May 2019 · 1 min read
Asia Economics Update Weak export growth looks set to continue The most recent trade data, including the very weak outturn in Korean exports over the first 20 days of this month, suggest that regional trade remains in the doldrums. With the external sector facing... 22nd April 2019 · 1 min read
Asia Economics Weekly Technology slump bottoms out, Philippines budget A slump in electronics exports has been a key drag on economic growth across Asia in recent months, but there are tentative signs that the worst may now be over. Meanwhile, after months of delays, the... 18th April 2019 · 1 min read
Asia Economics Update Thai election result is bad news for the economy Thailand looks set for a period of political and economic uncertainty after the military and the main opposition party claimed victory in yesterday’s general election. The inconclusive result... 25th March 2019 · 1 min read
Asia Economics Update Bank of Thailand to leave rates unchanged this year The Bank of Thailand (BoT) left interest rates on hold today but sounded decidedly more dovish than at its previous meeting. While weak growth and low inflation will take hikes off the table, the BoT... 20th March 2019 · 1 min read
Asia Economics Focus Thailand: outlook unlikely to improve after the election Thailand’s upcoming election will do little to improve the economic outlook. Whoever wins, the shift towards economic populism is likely to continue, delaying reforms needed to raise productivity... 14th March 2019 · 1 min read
Asia Economics Update Inflation to remain low, rates cuts coming Inflation across Emerging Asia has fallen back sharply in recent months and is likely to remain low over the coming quarters. With growth also set to slow, we expect some central banks to start... 7th March 2019 · 1 min read
Asia Data Response Manufacturing PMIs (Feb.) There were few positives in the February PMIs, with the headline readings pointing to another broad-based deterioration in regional manufacturing conditions. The chances of an improvement in the near... 4th March 2019 · 1 min read
Asia Chart Pack Thai baht continues to strengthen despite political risks The possibility of political unrest ahead of Thailand’s election next month is one of the key risks facing the economy, but so far at least, the uncertainty is having little impact on the currency... 21st February 2019 · 1 min read
Asia Data Response Thailand GDP (Q4) GDP growth in Thailand picked up in Q4, but it is likely to struggle for momentum in the quarters ahead due to weaker external demand. The key risk to the outlook is the possibility of unrest if the... 18th February 2019 · 1 min read
Asia Economics Update Thailand: rates on hold, no tightening likely in 2019 The Bank of Thailand (BoT) left interest rates on hold today, but sounded surprisingly upbeat on the outlook for the economy. While this suggests that a further rate hike cannot be entirely ruled out... 6th February 2019 · 1 min read
Asia Economics Update A guide to elections in 2019 In this Update we take a look at the important elections that are set to take place across Emerging Asia over the coming year, assessing the implications for policymaking and economic growth. 7th January 2019 · 1 min read
Asia Data Response Manufacturing PMIs (Dec.) While December PMIs for Emerging Asia bounced back a little in some economies, they still indicate that the region’s manufacturing sectors lost momentum over the course of Q4. Meanwhile, timely export... 2nd January 2019 · 1 min read