Asia Data Response Singapore GDP (Q1) A very strong performance from the biomedical manufacturing sector meant that Singapore’s economy contracted much less in Q1 than previously thought. But with a stringent lockdown in place at home and... 26th May 2020 · 3 mins read
Asia Economics Weekly BoK to launch QE, labour market woes in Taiwan The Bank of Korea is likely to cut its policy rate to a record low of 0.5% and step up non-conventional support at its meeting on Thursday. Meanwhile, today’s labour market figures from Taiwan show... 22nd May 2020 · 6 mins read
Asia Data Response Korea Trade (1st – 20th May) Korean trade data for the first 20 days of May show no signs of a turnaround in exports despite the easing of lockdowns in many trading partners. 21st May 2020 · 2 mins read
Asia Data Response Malaysia GDP (Q1) Malaysia Q1 GDP figures were slightly better than expected but will provide little comfort, with the economy set to contract much more sharply this quarter as depressed domestic demand and an... 13th May 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 10th May.) Korean trade data for the first ten days of May show that exporters have taken a massive hit from lockdowns across the world. This bodes poorly for exporters across the rest of the region too. 11th May 2020 · 2 mins read
Asia Economics Weekly Infections ease, but recovery proving slow Though there are notable exceptions, there are some encouraging signs that new infections of the coronavirus are falling in many places in Emerging Asia. The slowing spread of the virus should allow... 8th May 2020 · 6 mins read
Asia Data Response Philippines GDP (Q1) The larger-than-expected contraction in the Philippines economy in Q1 suggests that the lockdown there is having a severe impact on economic activity and that growth is likely to be even worse than we... 7th May 2020 · 3 mins read
Asia Economics Update Further rate cuts likely in Malaysia Bank Negara Malaysia (BNM) today cut its policy rate from 2.50% to 2.00%, and with the outlook for growth very poor, we think the central bank will ease policy again in the coming months. 5th May 2020 · 3 mins read
Asia Economics Update Malaysia reopening won’t prevent sharp downturn Malaysia reopened most of its economy today following nearly seven weeks of lockdown, but with consumer behaviour unlikely to return to normal quickly and global demand very weak, the economy is still... 4th May 2020 · 3 mins read
Asia Data Response Manufacturing PMIs (Apr.) The manufacturing PMIs for Asia sank sharply in April and are unlikely to have bottomed out yet in many places. Any recovery in industry thereafter is set to be very slow going. 4th May 2020 · 2 mins read
Asia Data Response Korea Trade (Apr.) Korean export values fell sharply in April and with global demand collapsing, trade is likely to remain very weak. Indeed, we wouldn’t be surprised if the May data worsened further still. 1st May 2020 · 2 mins read
Asia Economics Weekly Philippines economic woes, Singapore slump Next Thursday’s Q1 GDP figures for the Philippines are likely to show that the economy grew at its slowest rate in over 10 years last quarter. But worse is still to come. Meanwhile, Singapore’s latest... 30th April 2020 · 8 mins read
Emerging Markets Economics Chart Pack Many EMs still have a lot of work to do The good news is that a handful of the early responders to Covid-19, including Korea, Taiwan, Vietnam and the Czech Republic, have successfully flattened their infection curves. As life starts to get... 29th April 2020 · 6 mins read
Asia Chart Pack South Asia and Indonesia are a big worry We remain deeply concerned about the rapidly rising number of cases of coronavirus across South Asia as well as Indonesia. A failure to contain the virus would have significant economic consequences... 27th April 2020 · 9 mins read
Asia Data Response Korea GDP (Q1, provisional) Economic activity in Korea fell by the most since 2008 last quarter and unfortunately there is much worse to come. With the external environment weighing heavily on export demand, a much deeper... 23rd April 2020 · 3 mins read
Asia Data Response Korea Trade (1st – 20th Apr.) Korean trade data for the first 20 days of April suggest that slumping external demand is now weighing heavily on Korean exports. 21st April 2020 · 2 mins read
