Asia Economics Update Malaysia: new PM, same problems Malaysia’s new prime minister, Anwar Ibrahim, lacks a majority in parliament and his appointment is unlikely to bring to an end the political instability and uncertainty that has held Malaysia’s... 24th November 2022 · 3 mins read
Asia Economics Update Korea: one more rate hike left The Bank of Korea (BoK) today raised interest rates by a further 25bps (to 3.25%) and the accompanying hawkish statement suggests the tightening cycle still has a little further to run. We are... 24th November 2022 · 3 mins read
Asia Data Response Singapore GDP (Q3, revised estimate) Revised GDP data confirm that the economy rebounded strongly in the third quarter. However, we don’t expect this strength to last. A combination of weaker global growth, high inflation and tighter... 23rd November 2022 · 3 mins read
Asia Data Response Thailand GDP (Q3) Thailand’s economy accelerated in the third quarter on the back of a surge in service exports. Although the global downturn and higher interest rates will weigh on prospects, we expect growth to hold... 21st November 2022 · 3 mins read
Asia Economics Weekly Currency volatility, Sri Lanka budget, Malaysia GE15 The rebound in Asian currencies triggered by the weaker-than-expected US CPI data for October already appears to be running out of steam, and we expect more weakness over the coming months as a... 18th November 2022 · 9 mins read
Emerging Markets Economics Focus Higher interest rates exposing private sector debt risks Higher interest rates and larger private sector debt burdens mean that debt interest service ratios could rise to levels last seen in the 1990s in many EMs next year. This is unlikely to be a major... 17th November 2022 · 18 mins read
Event Asia Drop-In: US-China relations, regional elections and more 1669276800 November's briefing on Asia’s big macro and market stories included discussion of US-China relations in the wake of the Xi-Biden meeting as well as the economic impact of Beijing’s looser zero-COVI
Asia Economics Update Bank Indonesia: further tightening ahead Bank Indonesia today raised interest rates by a further 50bps (to 5.25%) and we think further hikes are likely as the central bank looks to support the rupiah and clamp down on inflation. 17th November 2022 · 2 mins read
Asia Economics Update Philippines: more rate hikes coming The central bank of the Philippines (BSP) today raised its main policy rate by a further 75bps (to 5.0%), and we think further tightening is likely in the near term. But with inflation having probably... 17th November 2022 · 3 mins read
Asia Economics Update Malaysia: major challenges await new PM Malaysia heads to the polls on Saturday for a general election which, if the latest opinion polls are correct, will lead to a further period of unstable and fractured politics. This reduces the... 16th November 2022 · 5 mins read
