Asia Data Response Korea GDP (Q4, provisional) Korea’s recovery lost a little steam last quarter as a third wave of infections weighed on private consumption, but with cases now on a downward trend, the recovery should regain momentum over the... 26th January 2021 · 3 mins read
Emerging Markets Economics Chart Pack More weakness still to come for many EMs The roll-out of COVID-19 vaccines is getting underway across EMs, but in many cases progress has been slow-going. In the meantime, many countries are suffering from worsening outbreaks. New cases are... 22nd January 2021 · 11 mins read
Asia Data Response Korea Trade (1st – 20th Jan.) Korean exports remained elevated at the start of the year. While some of this strength may fade in the coming quarters, Korea’s external sector is still set for another decent performance in 2021. 21st January 2021 · 2 mins read
Asia Economics Update Malaysia’s central bank still likely to ease Bank Negara Malaysia (BNM) left its main policy rate on hold at 1.75% today, but with the country once again in lockdown following a surge in COVID-19 cases, we think that the Bank will eventually be... 20th January 2021 · 3 mins read
Asia Economics Update Bank of Korea set for extended hold The Bank of Korea (BoK) left its main policy rate on hold at 0.50% today in a unanimous decision, and with signs that the latest virus outbreak is coming under control, further rate cuts seem unlikely... 15th January 2021 · 3 mins read
Asia Economics Update Malaysia: cutting our forecasts on new restrictions The decision by the Malaysian government to place the country under a two-week lockdown to slow the spread of the virus is likely to hit the economy hard. We are cutting our growth forecast for 2021... 12th January 2021 · 3 mins read
Asia Data Response Korea Trade (1st – 10th Jan.) Korean trade data suggest that strong export growth continued at the start of the year and reaffirm our view that exports will remain an important support to recoveries in Korea and across Asia. 11th January 2021 · 2 mins read
Asia Data Response Singapore GDP (Q4, Advanced) Advanced GDP data show that Singapore’s economy continued to rebound at the end of 2020 – buoyant global demand for electronics and pharmaceuticals, strong fiscal support, and widespread vaccination... 4th January 2021 · 3 mins read
Asia Data Response Manufacturing PMIs, Korea Trade (Dec.) Manufacturing PMIs and Korean trade data suggest that regional industry and exports saw another sharp improvement at the end of the year. While some of this strength may fade in the coming quarters... 4th January 2021 · 2 mins read
Asia Chart Pack New outbreaks pose downside risks to 2021 forecasts Korea, Hong Kong, Malaysia and Thailand are all experiencing major new outbreaks of the virus, which pose a significant downside risk to our relatively upbeat GDP forecasts for these countries for... 22nd December 2020 · 14 mins read
Asia Data Response Korea Trade (1st – 20th Dec.) Korean exports remain remarkably strong, despite renewed waves of the virus at home and abroad, and we expect this to continue over the coming months. 21st December 2020 · 2 mins read
Asia Economics Update Philippines: central bank has not finished easing yet The central bank in the Philippines (BSP) left its key policy rate on hold today at 2.0%, but the weakness of the recovery means further easing is likely. 17th December 2020 · 3 mins read
Asia Economics Update Assessing the impact of a lockdown in Korea The Korean government is on the verge of introducing much tighter restrictions to stem the rise in coronavirus cases. We are not cutting our GDP growth forecasts yet, but the risks are now clearly to... 16th December 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 10th Dec.) Korean exports were buoyant in the first ten days of December, with no sign that renewed waves of the virus are weighing on external demand. We expect exports to remain strong in the coming months. 11th December 2020 · 2 mins read
Emerging Markets Economics Chart Pack Next year’s vaccine boost to vary across countries The race to secure and approve COVID-19 vaccines is in full swing and, while roll-out will generally be slower in EMs than in DMs, immunisation of vulnerable populations over the next year or so is a... 10th December 2020 · 11 mins read
Asia Data Response Korea Trade (Nov.) Korean export growth continued to gather momentum in November and is set to remain strong in the months ahead, buoyed by foreign demand for electronics. 1st December 2020 · 2 mins read
