Asia Economics Weekly Vaccine impact, Korea’s third wave, climate change The past week has brought more positive developments on the vaccine front, with the latest news from AstraZeneca and Pfizer providing a further boost to regional stock markets. However, the likely... 20th November 2020 · 7 mins read
Asia Economics Weekly BSP under pressure to cut, vaccine boost to equities The weakness of the recovery in the Philippines means that the central bank (BSP) is likely to lower interest rates at next Thursday’s scheduled meeting. The consensus is for no cuts before the end of... 12th November 2020 · 8 mins read
Asia Economics Weekly Malaysia’s 2021 budget, Singapore consumer recovery Malaysia’s 2021 budget, which was tabled before parliament today, reveals that the government is planning to keep fiscal policy much looser than we had originally expected. In response, we are... 6th November 2020 · 7 mins read
Asia Economics Weekly More evidence of a strong recovery in Korea Activity data released today suggest that Korea’s economy ended last quarter on a strong note and that the provisional estimate of Q3 GDP is likely to be revised up. 30th October 2020 · 8 mins read
Asia Economics Weekly Economies in need of continued policy support National accounts data due to be published over the next few weeks will show that although many economies experienced record-breaking rebounds in GDP last quarter, output remains well below pre-crisis... 23rd October 2020 · 6 mins read
Asia Economics Weekly Problems mount in Malaysia Malaysia’s economy has rebounded rapidly from the crisis. However, headwinds are growing. Having been on the verge of being eliminated, confirmed inflections have surged in recent days. Meanwhile, the... 16th October 2020 · 6 mins read
Asia Economics Weekly Vietnam in US cross hairs Vietnam has so far emerged as the biggest winner of the US-China trade war, as tariffs on goods from China have led US importers to switch suppliers. Vietnam’s exports to the US have doubled since the... 9th October 2020 · 7 mins read
Asia Economics Weekly Indonesia in no rush to tighten, Vietnam rate cut Indonesia has signalled that fiscal policy will remain supportive of the economic recovery after it unveiled a budget for next year that envisages only a very small fall in the budget deficit... 2nd October 2020 · 6 mins read
Asia Economics Weekly Philippines: weak recovery, new currency forecasts Inadequate fiscal support is holding back growth in the Philippines and, unless this improves, the recovery will continue to underwhelm. Meanwhile, despite the recent sell-off in EM currency markets... 25th September 2020 · 7 mins read
Asia Economics Weekly Philippines peso will sustain outperformance The Philippine peso has been the best performing currency in Emerging Asia so far this year and is now at its highest level against the US dollar since late 2016. We expect the peso to strengthen... 18th September 2020 · 7 mins read
Asia Economics Weekly Second wave fears ease as infections fall The recent jump in coronavirus cases in Korea, Hong Kong and Vietnam had a negative impact on each economy, with hospitality sectors bearing the brunt of the damage. But with infection numbers now... 11th September 2020 · 6 mins read
Asia Economics Weekly Slow recovery in the Philippines, Taiwan-US FTA A long and strict lockdown meant the Philippines suffered one of the biggest falls in GDP in the region in the second quarter. The most recent data suggest that it is also experiencing one of the... 4th September 2020 · 6 mins read
Asia Economics Weekly QE is coming, tourist reopening pushed back The Bank of Korea this week hinted at further rate cuts and we expect it to also ramp up unconventional policy measures in the coming months. The Bank of Thailand is likely to follow suit – deflation... 28th August 2020 · 6 mins read
Asia Economics Weekly Korea second wave will weigh on the recovery A growing second wave of infections in Korea is set to weigh on the recovery there. While new restrictions to contain the virus have been light, there is evidence that businesses and individuals have... 21st August 2020 · 6 mins read
Asia Economics Weekly Malaysia bouncing back, Philippines vaccine hope The collapse in Malaysian GDP in the second quarter that was reported earlier today generated all the headlines, but what was more revealing about the GDP release is how quickly the economy is... 14th August 2020 · 8 mins read
Asia Economics Weekly Singapore rebound, Philippines cases surge Both Singapore and the Philippines saw a massive slump in output last quarter – the revised estimate of Singapore Q2 GDP next week is likely to show a 10.5% y/y fall, while data from the Philippines... 7th August 2020 · 6 mins read
