Asia Economics Update Vietnam: Central bank to cut rates further to boost growth Vietnam’s banks are likely to remain cautious this year and both credit and GDP growth are likely to come in below trend. The central bank will have to cut rates further to stimulate demand. 4th April 2024 · 4 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Mar.) The PMIs from Emerging Asia remained weak in March. We think manufacturing sectors across most of Asia will struggle in the near term but activity in Korea and Taiwan is likely to remain strong. 1st April 2024 · 2 mins read
Asia Economic Outlook Asian central banks waiting for the Fed With inflation easing and domestic demand struggling in much of emerging Asia, central banks are likely to start cutting interest rates soon. The one remaining concern for policymakers is the fear of... 27th March 2024 · 27 mins read
Asia Economics Weekly Political risk in Vietnam; SBP’s hawkish hold One of Vietnam’s key appeals to foreign investors is its political stability relative to other low-income countries in the region. Given this, the unexplained ousting of President Vo Van Thuong of... 22nd March 2024 · 8 mins read
Asia Economics Update Would Vietnam win a second trade war? Donald Trump’s threat to impose a blanket 10% tariff on all US imports would hit Vietnam hard. But provided they were accompanied by a 60% tariff on all imports from China (as Trump has also threated)... 18th March 2024 · 3 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (Jan.) The PMI data for Emerging Asia offered some encouraging signs but remained quite weak overall for most economies. While parts of the region are likely to see an improvement in activity, we expect... 1st February 2024 · 2 mins read
Asia Economics Update Manufacturing PMIs & Korean trade (December) The December PMIs for most economies in Emerging Asia stood well inside contractionary territory. The outlook for manufacturing in the region remains bleak in the near term as elevated inventory... 2nd January 2024 · 2 mins read
Asia Economics Update Vietnam: economic weakness to prompt rate cuts in 2024 GDP growth in Vietnam picked up in Q4 but this strength is unlikely to last if, as we expect, exports weaken and commercial banks pull back on lending in response to a sharp rise in non-performing... 29th December 2023 · 3 mins read
Asia Economics Weekly Xi’s visit to Vietnam, Sri Lanka on the mend Despite the close show of friendship on display this week during President Xi Jinping of China’s visit to Vietnam, our global fracturing map has Vietnam in the “lean US camp”. By leaning more towards... 15th December 2023 · 6 mins read
Asia Economic Outlook Policy easing coming sooner than most expect Economic growth in most of Emerging Asia is likely to slow in the near term as weak global demand and high interest rates weigh on prospects. With growth set to struggle and inflation likely to ease... 7th December 2023 · 32 mins read
Asia Economics Update Manufacturing PMIs & Korean trade The October PMIs for Emerging Asia generally dropped back further inside contractionary territory. The outlook for manufacturing in the region remains bleak in the near term as elevated inventory... 1st November 2023 · 2 mins read
Asia Economics Update Vietnam: worst now over Figures released today show that the worst for Vietnam’s economy is now over, but that growth remains subdued by past standards. With the economy on the mend, but inflation becoming a growing concern... 29th September 2023 · 2 mins read
Asia Economic Outlook Economic weakness to prompt policy easing in 2024 GDP growth across most of Emerging Asia has struggled over the past year and we expect growth to remain weak in the near term as tight monetary policy at home and subdued activity abroad weigh on... 25th September 2023 · 34 mins read
Asia Economics Weekly Bad news on inflation Headline inflation across Emerging Asia jumped last month due to a rise in food and fuel price inflation. We have raised our inflation forecasts for a number of countries to reflect the deterioration... 8th September 2023 · 5 mins read
Asia Economics Update Higher food prices pose risk to disinflation process Inflation across Emerging Asia should continue to decline over the coming months. However, the risks are to the upside amid uncertainty over the outlook for food prices. And while we are sticking with... 15th August 2023 · 3 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (July.) Manufacturing PMIs remained in contractionary territory across most of Emerging Asia last month and the underlying data point to further weakness ahead. Falling new orders, bleak employment prospects... 1st August 2023 · 2 mins read
