Asia Economics Update Singapore's rebound from weak Q2 will be muted Today’s GDP data showed that Singapore's economy contracted in the second quarter of the year. Although we expect some rebound over the rest of 2014, helped by recovering export demand from advanced... 14th July 2014 · 1 min read
Asia Economics Update India's budget hawkish, but lacking detail on reforms India’s new government took a more hawkish line than expected in its budget today, committing to a further sizeable reduction in the budget deficit that will weigh on growth. Some will be disappointed... 10th July 2014 · 1 min read
Asia Economics Update More rate hikes in the pipeline for Malaysia Amid rising concerns over the stability of the financial sector, Malaysia’s central bank (BNM) today hiked its policy rate for the first time in three years. With the economy in good shape, we see... 10th July 2014 · 1 min read
Asia Economics Update New president should not expect any favours from Bank Indonesia Bank Indonesia’s (BI) decision to leave interest rates on hold today never really looked in much doubt. Looking ahead, although the central bank may have some scope to cut interest rates over the next... 10th July 2014 · 1 min read
Asia Economics Update Bank of Korea in no rush to hike interest rates Interest rates in Korea were left on hold today, and with inflation set to stay subdued we expect monetary policy to remain unchanged for the rest of the year. 10th July 2014 · 1 min read
Asia Economics Update What will a Jokowi presidency mean for Indonesia? Joko Widodo looks to have won today’s presidential election in Indonesia, and hopes are high that he will make a fresh start on economic reform. However, the constraints of coalition politics, as well... 9th July 2014 · 1 min read
Asia Economics Update Thailand is showing signs of post-crisis recovery Thailand's economy appears to be on the road to recovery following the military coup on 22 nd May. But challenges remain and we expect the economy to grow at less than its trend rate for a while yet. 9th July 2014 · 1 min read
Asia Economics Update A look ahead to Asia’s prospects for 2016 The recovery in demand for Emerging Asia’s exports is unlikely to have run its course by 2016. However, with the Fed’s tightening cycle likely to be gathering pace, credit growth cooling and... 8th July 2014 · 1 min read
Asia Economics Update June PMIs point to sluggish recovery The June PMIs for Emerging Asia continue to point towards a slow and uneven recovery. Softening new orders are a reminder that a strong rebound is unlikely to materialise any time soon. 1st July 2014 · 1 min read
Asia Economics Update Australian rate hike still a long way off The Reserve Bank of Australia (RBA) left its policy rate at 2.5% today, and again made it clear that there will not be any changes in the near term. In fact, with mining investment set to fall and the... 1st July 2014 · 1 min read
Asia Economics Update Thailand’s financial markets recover, while Indonesia’s falter Reduced political tensions in Thailand have boosted its stock market and the baht. But in Indonesia, growing uncertainty over the result of July’s presidential election has weighed on financial... 30th June 2014 · 1 min read
Asia Economics Update Banking sector woes to continue to weigh on Vietnam Today’s GDP data show the crisis in Vietnam’s banking sector is continuing to hold back the economy. With the authorities making slow progress in cleaning up the banks, we expect the woes of the... 27th June 2014 · 1 min read
Asia Economics Update Taiwan central bank in no rush to hike interest rates Taiwan’s central bank (CBC) today left interest rates on hold, but introduced a series of measures to try and cool property prices. Looking ahead, we believe the central bank will continue to tackle... 26th June 2014 · 1 min read
Asia Economics Update Are higher oil prices a threat to Asia? A sharp rise in oil prices as a result of the crisis in Iraq would have negative effects on Emerging Asia. While the inflationary impact is likely to be manageable, most Asian economies are net... 24th June 2014 · 1 min read
Asia Economics Update Further tightening likely in the Philippines The central bank in the Philippines (BSP) today tightened monetary policy again in an attempt to reduce risks in the financial sector and clamp down on rising inflation. We think further tightening is... 19th June 2014 · 1 min read
Asia Economics Update New Zealand’s economy will cool after strong Q1 New Zealand’s economy posted another robust quarter of growth in Q1, led by strong residential investment. There are signs that the economy is already cooling in response to policy tightening, but... 19th June 2014 · 1 min read
