Asia Economics Weekly Indonesia reforms, Vietnam leadership transition The near-term outlook for Indonesia’s economy is poor. A failure to contain the coronavirus means that the economic recovery is likely to be slow and fitful. But long-term economic prospects received... 22nd January 2021 · 8 mins read
Asia Economics Weekly Indonesia’s vaccine strategy, rate cut likely in Malaysia Indonesia’s vaccination campaign got underway earlier this week amid surging cases of COVID-19 across the country. Whereas most countries are prioritising the elderly and vulnerable in vaccination... 15th January 2021 · 6 mins read
Asia Economics Weekly Rapid growth in Vietnam, vaccine rollout begins GDP figures for Vietnam should always be treated with caution, but data released before New Year show that the economy grew by an impressive 4.5% y/y in the final quarter of 2020. This brought growth... 8th January 2021 · 6 mins read
Asia Economics Weekly Fiscal policy in Sri Lanka, currency trouble in Thailand Although the crisis has led to a sharp rise in government debt, policymakers across Asia appear in little rush to tighten fiscal policy. The key exception is Sri Lanka, where a sharp tightening of... 18th December 2020 · 8 mins read
Asia Economics Weekly Taiwan: central bank in little rush to raise rates Taiwan’s central bank (CBC) looks all but certain to leave its main policy rate unchanged at its current all-time low of 1.125% at its meeting on Thursday. With the economy performing well, there is a... 11th December 2020 · 6 mins read
Asia Economics Weekly New forecasts on positive vaccine developments The recent good news on vaccine development means that countries in Emerging Asia are likely to start inoculating their populations sooner than we had previously envisaged. In response, we are raising... 4th December 2020 · 5 mins read
Asia Economics Weekly Property prices in Korea, Indonesia current account Rising property prices in Korea are increasingly rapidly again, but there is a little sign of a bubble forming. Affordability has gradually improved across the country in recent years. Even in Seoul... 27th November 2020 · 6 mins read
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
