Emerging Asia Economics Weekly Korea’s economic woes rumble on The latest activity data for Korea were downbeat and support our view that the economy is set to weaken in the second quarter. Meanwhile, house prices fell further in May and are now down about 10%... 1st June 2023 · 5 mins read
Emerging Asia Economics Weekly Weak start to Q2, hawkish BoK, Vietnam rate cut Recent national accounts data confirmed that most economies struggled in the first quarter of the year. The latest monthly activity data suggest that Q2 is shaping up to be another weak quarter. Me... 26th May 2023 · 9 mins read
Emerging Asia Economics Weekly Vietnam friend-shoring boost, Thai election muddle Decoupling between China and the US is presenting opportunities for countries that are able to adapt their economies to shifting global supply chains. So far, the main beneficiary of these shifts has... 19th May 2023 · 9 mins read
Emerging Asia Economics Weekly BSP meeting on a knife edge, Thailand election The BSP’s meeting on Thursday is likely to be a close call, but with inflation in the Philippines firmly on the way down and the economy slowing, we think the central bank will finally hit the pause... 12th May 2023 · 6 mins read
Emerging Asia Economics Weekly More good news on inflation Price pressures across Emerging Asia are continuing to ease. While headline inflation has been on a broadly downward trend since around the third quarter of last year, the most encouraging development... 5th May 2023 · 7 mins read
Emerging 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 Asia Economics Weekly Is the rebound in China boosting growth elsewhere? Despite China’s strong economic recovery last quarter, goods exports to the country from elsewhere in Asia fell in Q1. A big part of the reason is that China’s rebound was driven by just three sectors... 21st April 2023 · 7 mins read
Emerging Asia Economics Weekly Philippines straddling US-China rift, IMF too optimistic So far, the Philippines appears to be successfully straddling the geopolitical divide as it tries to improve its political and military ties with the US, while also building on its strong economic... 14th April 2023 · 6 mins read
Emerging 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
Emerging 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
Emerging 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
Emerging Asia Economics Weekly Can Asia continue to ride out the global storm? The impact of the current turmoil on Emerging Asia has so far been relatively small, and most currencies have appreciated against the US dollar over the past week. Large current account surpluses mean... 17th March 2023 · 7 mins read
Emerging 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
Emerging Asia Economics Weekly Q4 may mark the trough, only weak recovery ahead There are tentative signs in recent data that the slump in Asian goods exports may be nearing an end and that, after a dreadful performance at the end of 2022, GDP in much of the region may have... 3rd March 2023 · 6 mins read
Emerging Asia Economics Weekly Malaysia’s infrastructure budget, Korea’s hawkish hold Malaysia today announced a modest tightening of fiscal policy for 2023, but the most eye-catching element of the budget was a significant (and welcome) increase in infrastructure spending. Global... 24th February 2023 · 7 mins read
Emerging Asia Economics Weekly Asia in 2050, Malaysia budget, Korea rate meeting Emerging Asia is set to play an increasingly important role in the global economy over the coming decades. According to our latest Long Run Outlook, seven of the world’s 20 largest economies will be... 17th February 2023 · 6 mins read
