Frontier Markets Wrap Frontier market governments push for reform Low commodity prices, slower growth and a string of elections have prompted a move towards reform in a handful of frontier market economies in recent months. But while these governments have made... 19th May 2016 · 1 min read
Asia Economics Update Bank Indonesia opens door to further easing Malaysia and Indonesia both left their main policy rates on hold at scheduled meetings today. But while Malaysia’s central bank (BNM) gave little sign that it was about to shift monetary policy... 19th May 2016 · 1 min read
India Economics Update State election results brighten reform outlook Regional parties have dominated the state elections held over the past month, but there has also been an apparent strengthening of support for Prime Minister Narendra Modi’s BJP at the local level. On... 19th May 2016 · 1 min read
Asia Data Response Philippines GDP (Q1) Today’s Q1 GDP data for the Philippines showed that Rodrigo Duterte, the country’s president elect, will be handed an economy that is in very good health. The foundations are in place for growth to... 19th May 2016 · 1 min read
Asia Economics Focus Can Tsai rescue Taiwan’s economy? When Tsai Ing-wen takes over as Taiwan’s next president on 20th May she will inherit an economy that is struggling in the face of falling property prices, rising competition from Chinese companies and... 17th May 2016 · 1 min read
India Economics Update Tax amendments another success for Modi government Recent amendments to the tax treaty between India and Mauritius - the terms of which have made Mauritius the leading source of foreign investment into India - are likely to bring more benefits than... 17th May 2016 · 1 min read
Asia Economics Update Philippines: shift to interest rate corridor not a game changer The Philippines central bank’s (BSP’s) shift towards an interest rate corridor system does not amount to a change in its monetary policy stance. With inflation set to stay low, we think monetary... 16th May 2016 · 1 min read
India Data Response Wholesale Prices (Apr.) Indian wholesale price inflation rose sharply in April and returned to positive territory for the first time in 18 months. This reinforces our view that there is little scope for further monetary... 16th May 2016 · 1 min read
Asia Data Response Thailand GDP (Q1) Thailand’s economy got off to a solid start to 2016, but high household debt and continued political uncertainty are likely to drag down growth again over the coming quarters. 16th May 2016 · 1 min read
India Economics Update Import weakness to keep trade deficit in check India’s monthly trade deficit narrowed to a five-year low in April. With a number of factors likely to keep commodity imports in check, the overall current account position is unlikely to return as a... 16th May 2016 · 1 min read
Asia Economics Weekly Is Thailand about to boil over again? Thailand’s already disappointing recovery could be derailed by yet another flare-up of its longstanding political crisis this year, with the controversial draft constitution presenting a clear... 13th May 2016 · 1 min read
Asia Data Response Malaysia GDP (Q1) Malaysia’s economy slowed further in the first quarter of 2016, and with commodity prices still depressed by past standards and household debt high, we expect growth to be stuck in the 4.0-4.5% range... 13th May 2016 · 1 min read
Asia Economics Update Korea likely to loosen monetary policy soon The Bank of Korea (BoK) today left its policy rate unchanged at a record low of 1.50%, but with growth still sluggish and government pressure for monetary policy easing rising, we think it is only a... 13th May 2016 · 1 min read
Asia Economics Update Low inflation means rates will remain low in the Philippines With the economy growing at a decent pace but inflationary pressures under control, today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 4.0% came as... 12th May 2016 · 1 min read
Emerging Markets Economics Update EM credit bubbles deflating, but risks building in China Credit growth is slowing in most of the economies we have previously identified as being at risk from a rapid build-up of private sector debt. The exception is China, where aggressive stimulus has... 12th May 2016 · 1 min read
Emerging Markets Trade Monitor EM export recovery continues The rate at which EM exports are declining slowed sharply in March. We expect that higher commodity prices and an improvement in China’s economy will see export values return to growth later this year... 11th May 2016 · 1 min read
