Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Sep. 2025) EM GDP growth generally held up well in H1 but we think it will soften over the second half of the year as US tariffs, tighter fiscal policy and slowing wage growth bite. The inflation outlook is... 17th September 2025 · 1 min read
Asia Economics Update Asia Manufacturing PMIs (August) The August PMI readings for most countries in Asia were subdued and we continue to expect manufacturing in the region to struggle in the near term. And with inflation set to remain contained, we think... 1st September 2025 · 3 mins read
Asia Economics Weekly Asia Weekly: A close call in Korea, BI’s surprise cut While most analysts expect the Bank of Korea to keep rates unchanged at Thursday’s meeting, we are forecasting a cut. Although GDP growth rebounded last quarter, the poor prospects for construction... 22nd August 2025 · 6 mins read
Asia Economics Update More to strong Asian exports than tariff front-running Strong growth in exports from Asia in the first half of the year has fuelled talk that, with US tariffs now in place, shipments will fall sharply as tariff front-running ends. But we’re not convinced... 19th August 2025 · 6 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Aug. 2025) Our View: The Q2 GDP figures out so far point to robust growth across much of the emerging world, but we think growth will soften over the second half of the year. While growth across much of Asia... 14th August 2025 · 1 min read
Asia Economics Update The Philippines: Marcos Jr.’s mid-term scorecard Three years into his six-year term, President Ferdinand Marcos Jr. of the Philippines has passed key reforms to improve the country’s business environment and infrastructure. However, worries about... 12th August 2025 · 3 mins read
Asia Economics Weekly Asia Weekly: Trump targets pharma, chips and India Malaysia and Taiwan are the two countries in Asia most exposed to Trump’s threatened 100% tariffs on semiconductors. However, exemptions for companies with production facilities in the US and limited... 8th August 2025 · 6 mins read
Asia Economic Outlook Asia Outlook: Tepid growth for many as tariff threat looms We expect GDP growth across most of Asia to soften in 2025, with many countries likely to record below-consensus growth. The risk of escalating trade tensions remains a key concern, particularly for... 26th June 2025 · 28 mins read
Asia Rapid Response Philippines Monetary Policy Announcement (June) The central bank in the Philippines (BSP) today cut its main policy rate by a further 25bps (to 5.25%), and the dovish tone from the central bank’s statement and press conference suggests further... 19th June 2025 · 2 mins read
Asia Economics Weekly Asia Weekly: Inflation to stay low, sharp fiscal tightening in Pakistan Recent data show inflation stayed soft across Asia last month, with Thailand, Sri Lanka, and China all in deflation. While the jump in oil prices following Israel’s attacks on Iran pose an upside risk... 13th June 2025 · 8 mins read
Emerging Markets Economics Update Central America most exposed to a US remittance tax The proposed 5% US tax on remittance outflows would have a particularly large negative impact on Central American economies such as Honduras, Guatemala and El Salvador. Remittance flows could... 21st May 2025 · 3 mins read
Asia Economics Weekly Asia Weekly: Exports to US surge, dovish BSP Exports from Vietnam and Taiwan to the US have surged in recent months as US buyers have front-loaded orders ahead of the introduction of tariffs. The strength in exports is likely to continue in the... 9th May 2025 · 6 mins read
