Asia Data Response Korea Trade (1st – 20th Nov.) Korean export values saw continued strength in the first 20 days of November and should remain elevated in the coming months as exporters work through large backlogs of unmet orders. 22nd November 2021 · 2 mins read
Asia Economics Weekly Vaccine progress, external turnaround in Indonesia After a slow start, countries across South East Asia are now making encouraging progress with vaccine rollouts. The rise in coverage should reduce the need for further lockdowns and set the stage for... 19th November 2021 · 9 mins read
Asia Economics Update Philippines: rates will stay low to support recovery The central bank in the Philippines (BSP) left its main policy rate on hold at 2.00% today to support the economic recovery, and with GDP still well below its pre-pandemic level, rates are set to... 18th November 2021 · 3 mins read
Asia Economics Weekly South East Asia disruption eases, Sri Lanka in peril Recent data from Malaysia and Vietnam suggest that virus-related disruption is continuing to ease. This should help alleviate some of the supply constraints currently holding back growth elsewhere in... 12th November 2021 · 8 mins read
Asia Data Response Malaysia GDP (Q3) Malaysia’s economy shrank further in Q3 but was already rebounding sharply by the end of the quarter. with vaccinations high, virus cases down and restrictions being eased, this rebound will continue... 12th November 2021 · 3 mins read
Asia Data Response Philippines GDP (Q3) Q3 GDP data were much stronger than expected and output is set to jump again in the fourth quarter following a sharp drop in virus cases and the further easing of restrictions. That said, even after... 9th November 2021 · 3 mins read
Asia Economics Update Malaysia: rates on hold throughout 2022 Bank Negara Malaysia (BNM) left its main policy rate unchanged at 1.75% today, and with inflation set to remain subdued, rates are likely to stay on hold at their current all-time low throughout next... 3rd November 2021 · 3 mins read
Asia Economics Update Will Asian exporters continue to defy gravity? Asian exports have continued to grow rapidly despite the recent disruption stemming from lockdowns in South East Asia. A huge backlog of orders and low inventory levels in advanced economies mean that... 2nd November 2021 · 3 mins read
Asia Data Response Korea Trade (Oct.) After another strong month in October, Korean export values are set to remain elevated as high demand for electronics and petroleum products offsets troubles in the auto sector. 1st November 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (Oct.) While October Manufacturing PMIs point to a strong rise in manufacturing output, industry is likely to be working through huge backlogs of orders for many months to come and resulting supply shortages... 1st November 2021 · 2 mins read
Asia Economics Weekly Mixed Korea activity data, climate change The latest batch of activity data from Korea indicate that the automotive sector was hit hard by shortages last month, but that the service sector is enjoying a recovery. The provisional Q3 GDP... 29th October 2021 · 8 mins read
Asia Chart Pack South East Asia bouncing back The near-term outlook for South East Asia has improved dramatically over the past month or so. Daily cases of COVID-19 have collapsed and are now less than one-third of the level they were at in... 27th October 2021 · 15 mins read
Asia Data Response Korea GDP (Q3, provisional) While Korea’s recovery lost some momentum last quarter as the virus weighed on growth, the economy should pick up pace again this quarter as high vaccination levels allow the rolling back of... 26th October 2021 · 3 mins read
Asia Data Response Singapore Consumer Prices (Sep.) While inflation in Singapore is set to rise further over the next few months, both the headline and core rate should moderate in 2022 to well within the Monetary Authority of Singapore’s (MAS) comfort... 25th October 2021 · 2 mins read
Asia Economics Weekly GDP to rebound after gloomy Q3 The next few weeks will see the publication of a host of third quarter GDP figures from across the region. While the data are likely to paint a downbeat picture, output should rebound strongly in the... 22nd October 2021 · 6 mins read
Asia Data Response Korea Trade (1st – 20th Oct.) Korean export values continue to climb in October driven by both rising prices and growth in underlying volumes. The strength of the external sector adds weight to our view that the economy will... 21st October 2021 · 2 mins read
