Asia Economics Weekly Chinese tourists to the rescue? A surge in spending by Chinese tourists across Emerging Asia is helping to compensate for a fall in the region’s goods exports to China. Spending by Chinese tourists should continue to grow at a rapid... 22nd May 2015 · 1 min read
Asia Economics Weekly Asia’s rate cutting cycle is nearing an end Emerging Asia’s rate cutting cycle appears to be nearing its end, with only a handful of central banks likely to cut a little further. But it won’t be until 2016 that the region’s central banks move... 15th May 2015 · 1 min read
Asia Economics Weekly Asia’s exports should recover from weak Q1 Emerging Asia’s export performance took a sharp turn for the worse in the first quarter, with a slump in demand from China creating the largest drag. However, a positive turnaround is likely over the... 8th May 2015 · 1 min read
Asia Economics Weekly How fragile is Malaysia? Given that Malaysia is Emerging Asia’s largest net energy exporter it is no surprise that the ringgit has been the region’s worst performing currency over the last nine months. Now that oil prices... 30th April 2015 · 1 min read
Asia Economics Weekly A manufacturing migration? Rapid wage growth, rising land costs and the appreciation of the renminbi have all helped to make China a less attractive place for low-end manufacturers to operate. Recent trends in foreign direct... 24th April 2015 · 1 min read
Asia Economics Weekly Singapore looks set for more policy loosening We expect the Monetary Authority of Singapore (MAS) to loosen policy again at its meeting on Tuesday, most likely by re-centring its target band for the exchange rate to allow some depreciation. But... 10th April 2015 · 1 min read
Asia Economics Weekly AIIB – what is all the fuss about? Poor infrastructure is likely to remain a key constraint on economic development across large parts of Emerging Asia over the next decade. For all the headlines, the Asian Infrastructure Investment... 3rd April 2015 · 1 min read
Asia Economics Weekly Deflation of Thailand’s credit bubble has further to run Although credit growth in Thailand has cooled over the past few years, the process of deflating the country’s credit bubble is still far from over. Given this, the Bank of Thailand’s decision earlier... 27th March 2015 · 1 min read
Asia Economics Weekly Taiwan is unlikely to join Asia's rate-cutting cycle Despite slowing growth, a bout of deflation and a housing market that has recently taken a turn for the worse, Taiwan is unlikely to join the Asian rate-cutting cycle at its upcoming meeting. 23rd March 2015 · 1 min read
Asia Economics Weekly Rupiah weakness is unlikely to revive Indonesia’s economy The weakness of the Indonesian rupiah is unlikely to kick-start a recovery in the country’s non-commodity export sector. For one thing, it has not left Indonesian exporters looking any more... 13th March 2015 · 1 min read
Asia Economics Weekly What would a property price collapse mean for Taiwan? Taiwan’s Financial Supervisory Commission caused a stir recently when it warned of the rising risk of a property price crash. Although the economy is unlikely to escape unscathed if property prices... 6th March 2015 · 1 min read
Asia Economics Weekly Where next for Indonesia’s current account? We see little prospect of an improvement in Indonesia’s current account over the next couple of years. This could leave the rupiah vulnerable when the Fed starts to tighten policy later this year... 27th February 2015 · 1 min read
Asia Economics Weekly No sign of improvement in Asian growth The latest GDP figures for Emerging Asia show regional growth was broadly flat again last quarter. Looking ahead, a strong pick-up looks unlikely. But with monetary policy set to remain loose and oil... 18th February 2015 · 1 min read
Asia Economics Weekly Korea’s housing market recovery to continue Korea’s housing market is showing signs of recovery, supported by the fall in stocks of unsold homes, rising rents, low interest rates and supportive government policies. A stronger housing market... 13th February 2015 · 1 min read
Asia Economics Weekly Will more of Asia's central banks join the loosening cycle? There has been a clear shift towards looser monetary policy around the world since late 2014, and several Asian central banks have been part of the trend. Any further moves over the coming months are... 6th February 2015 · 1 min read
