Asia Economics Update No change in sight for Philippines rates Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% was widely expected. But while the consensus among analysts is that the BSP will hike rates... 22nd June 2017 · 1 min read
Asia Economics Update Inflation and currency worries to keep Indonesian rates on hold Despite the poor growth outlook, Bank Indonesia left its policy rate on hold today at 4.75%. With inflation set to remain elevated over the coming months, the central bank is likely to be in little... 15th June 2017 · 1 min read
Asia Economics Update What to make of Korea’s supplementary budget? South Korea’s new government today announced plans for a supplementary budget worth 11.2trn won (0.7% of GDP). But with parliament approval by no means guaranteed, we are not raising our growth... 5th June 2017 · 1 min read
Asia Economics Update Asian equities continue strong run Asian equity markets have outperformed other EM markets over the past month, with bourses in Korea, India, Pakistan and Indonesia all reaching record highs in May. We are revising our equity forecasts... 31st May 2017 · 1 min read
Asia Economics Update Korea to keep rates unchanged for some time yet The Bank of Korea (BoK) left interest rates on hold today and the governor’s accompanying press conference makes clear the central bank is in little hurry to adjust rates anytime soon. We continue to... 25th May 2017 · 1 min read
Asia Economics Update Thailand to keep rates on prolonged hold With the economy gaining momentum and price pressure benign, it was no surprise that the Bank of Thailand (BoT) left its policy rate on hold at 1.50% today. Looking ahead, we expect the BoT to keep... 24th May 2017 · 1 min read
Asia Economics Update Bank Indonesia to leave rates unchanged this year With inflationary pressures rising, Bank Indonesia’s (BI) decision to leave interest rates on hold today came as no surprise. The central bank’s accompanying statement struck a fairly cautious tone... 18th May 2017 · 1 min read
Asia Economics Update Interest rates in Malaysia to stay on hold for the rest of the year Despite the recent spike in inflation, it was no surprise that Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% today. Looking ahead, we expect BNM to keep interest rates steady... 12th May 2017 · 1 min read
Asia Economics Update Philippines to keep rates on hold this year Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% had been widely expected. But while the consensus among analysts is that the BSP will hike... 11th May 2017 · 1 min read
Asia Economics Update What does Moon’s victory mean for South Korea? The election of Moon Jae-in as South Korea’s next president is unlikely to have a major impact on the country’s economic outlook. Moon’s Democratic Party not only lacks a majority in parliament, but... 9th May 2017 · 1 min read
Asia Economics Update Sri Lanka holds rates, pause unlikely to last The central bank in Sri Lanka (CBSL) today left interest rates on hold, but a combination of rapid credit growth, high inflation and a weak currency suggests further tightening is only a matter of... 9th May 2017 · 1 min read
Asia Economics Update Korean equities reach a six-year high Chinese trade restrictions and mounting tensions with North Korea have failed to dent the rally in South Korea’s equity market, which is nearing a record high. 28th April 2017 · 1 min read
Asia Economics Update Bank Indonesia unlikely to cut rates despite poor growth outlook Despite the relatively poor growth outlook, Bank Indonesia (BI) left its key policy rate on hold at 4.75% today. With inflation set to rise over the coming months and the rupiah vulnerable to sudden... 20th April 2017 · 1 min read
Asia Economics Update Malaysia in no rush to hike rates despite further rise in inflation Consumer price inflation in Malaysia accelerated to a new eight-year high in March, but we see little prospect of a rate hike any time soon. 19th April 2017 · 1 min read
Asia Economics Update Korea holds rates, prolonged pause likely The Bank of Korea (BoK) kept its policy rate unchanged at 1.25% today, and with the economy starting to show signs of improvement and underlying price pressures benign, we think the BoK will maintain... 13th April 2017 · 1 min read
Asia Economics Update Monetary policy in Singapore to stay on hold With the growth outlook improving and inflation likely to remain fairly subdued, the Monetary Authority of Singapore (MAS), which today left its monetary policy settings unchanged, is likely to be in... 13th April 2017 · 1 min read
