Event EM Asia Drop-In: Thailand’s election and near to long-term economic risks 11th May 2023, 9:00AM BST The Thai economy is poised for recovery this year, but before that the country faces a contentious general election on 14th May which could be a trigger for fresh political unrest. Beyond the near...
Asia Data Response Manufacturing PMIs, Korea Trade and Inflation (Apr.) A simple average of manufacturing PMIs in Emerging Asia rose slightly in April but this was almost entirely driven by a large jump in Thailand’s headline index to a record high. Weak global demand and... 2nd May 2023 · 3 mins read
Asia Economics Weekly Auto rebound unlikely to last, new currency forecasts Automotive production across Asia, which was badly hit during the pandemic by a shortage of semiconductor components, is now rebounding rapidly as this constraint unwinds. This is providing a boost to... 28th April 2023 · 8 mins read
Emerging Markets Economics Update Inflation expectations fall, but reasons for caution Our dataset on inflation expectations across EMs shows some encouraging falls since 2022 and supports our view that, with EM inflation likely to fall further, monetary easing cycles will start in the... 19th April 2023 · 5 mins read
Asia Economics Weekly MAS decision on a knife edge, Thai inflation falling The Monetary Authority of Singapore is likely to leave its policy settings on hold at its scheduled meeting next week, with concerns about the growth outlook set to outweigh lingering worries on... 6th April 2023 · 6 mins read
Asia Economics Weekly Korean industry struggling, CPTPP+UK Korea’s manufacturing sector is in for a painful year with bloated inventories and weak external demand set to drag on production. Data published earlier today showed that production of semiconductors... 31st March 2023 · 10 mins read
Asia Chart Pack Asian banks in decent shape, but credit risks lurk The turmoil in the global banking system over the past month has had a limited impact on Asia – currencies have held up well and outflows of capital have been small. And in general, banking sectors in... 30th March 2023 · 16 mins read
Asia Economics Update Thailand: Further tightening unlikely The Bank of Thailand (BoT) raised its main policy rate today by 25bps, to 1.75%. While most analysts expect at least one more hike we think a sharp drop in inflation will allow the central bank to... 29th March 2023 · 3 mins read
Asia Economics Weekly Reform boost for Indonesia, Thai election hots up Long-term prospects for Indonesia’s economy received a boost this week when parliament passed a long-delayed series of reforms that should lift competitiveness. Meanwhile, Thailand’s parliament was... 24th March 2023 · 7 mins read
Asia Economics Weekly BoT forecast change, welcome progress in Sri Lanka Inflation in Thailand is falling sharply and is likely to drop back to the central bank’s 1-3% target by May. With the economy struggling, we are taking out the rate hike we originally had pencilled... 10th March 2023 · 7 mins read
Asia Data Response Manufacturing PMIs & Korea Trade (Feb.) Manufacturing PMIs in Emerging Asia rose in February, helped by a rebound in the export orders sub-component. While the data provide the first tentative signs that the worst may be over for the region... 1st March 2023 · 2 mins read
Asia Data Response Thailand GDP (Q4) Thailand’s economy contracted sharply in the final quarter of last year, as a strong recovery in the tourism sector was unable to compensate for weakness elsewhere. Looking beyond the weak fourth... 17th February 2023 · 5 mins read
Asia Economics Update Thailand: tightening cycle not over yet The Bank of Thailand hiked interest rates today by a further 25bps (to 1.50%), and hinted that more rate hikes were likely in the near term amid worries about rising underlying price pressures. We... 25th January 2023 · 3 mins read
