Emerging Asia Economics Weekly TPP boost to Asia, rate hikes unlikely in Korea The announcement that the Trans-Pacific Partnership will come into force on 30th December is important in a number of ways. Not only should it provide a boost to growth prospects across parts of Asia... 2nd November 2018 · 1 min read
Emerging Asia Data Response Manufacturing PMIs (Oct.) The October PMIs for Emerging Asia indicate that the region’s manufacturing sectors lost further momentum at the start of Q4. Meanwhile, the weakness in new export orders supports our view that the... 1st November 2018 · 1 min read
Emerging Asia Economics Weekly Pakistan and IMF start talks, equities set for further falls The head of the IMF, Christine Legarde this week set the tone for what are likely to be tough negotiations with Pakistan when she said the Fund would require Pakistan to be “absolutely transparent”... 12th October 2018 · 1 min read
Emerging Asia Economics Update What does the recent jump in oil prices mean for Asia? The biggest impact of a period of sustained higher oil prices would be in India and the Philippines, whose current account deficits would be pushed even more into the red, putting further downward... 4th October 2018 · 1 min read
Emerging Asia Economics Update More rate hikes likely in the Philippines Today’s 50bp rate hike in the Philippines comes in response to a further rise in inflation and is unlikely to be the last in the current cycle. We are expecting rates to rise by at least a further... 27th September 2018 · 1 min read
Emerging Asia Economics Weekly More rate hikes likely in the Philippines, but not Korea The central bank governor of the Philippines, Nestor Espenilla, today all but confirmed that interest rates will be raised soon, possibly in an emergency meeting before the BSP is next scheduled to... 7th September 2018 · 1 min read
Emerging Asia Data Response Manufacturing PMIs (Aug.) The August PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained lacklustre. Meanwhile, Korean export data suggest export growth in the rest of the region stayed robust last... 3rd September 2018 · 1 min read
Emerging Asia Economics Update What does the crisis in Turkey mean for Asia? There is a good chance that the recent volatility in financial markets triggered by the crisis in Turkey will prompt Bank Indonesia into hiking interest rates at its meeting on Wednesday. For most... 13th August 2018 · 1 min read
Emerging Asia Economics Update Philippines: nearing the end of the tightening cycle The central bank in the Philippines (BSP) today increased its policy rate for the third meeting in a row, and left the door open to further rate hikes. We think at least one further increase in rates... 9th August 2018 · 1 min read
Emerging Asia Data Response Philippines GDP (Q2) Today’s figures show GDP growth in the Philippines slowed in the second quarter. Looking ahead, we expect the slowdown in GDP growth to continue over the second half of this year as tighter monetary... 9th August 2018 · 1 min read
Emerging Asia Economics Weekly Philippines central bank to turn more aggressive? Rising inflationary pressures mean that the central bank of the Philippines (BSP) is almost certain to raise interest rates at its meeting on Thursday, the only question is by how much. 3rd August 2018 · 1 min read
Emerging Asia Data Response Manufacturing PMIs (Jul.) Most of Emerging Asia’s PMIs fell in July. However, there were no clear signs in the PMI surveys that suggest the first tranche of US tariffs on Chinese goods that came into effect in early July have... 1st August 2018 · 1 min read
Emerging Asia Economics Update Philippines infrastructure drive: too much, too fast? The big push to update the Philippine’s infrastructure has led to a number of painful side effects, including a worsening external position, a falling currency and an increase in inflation. However... 17th July 2018 · 1 min read
Emerging Asia Data Response Manufacturing PMIs (Jun.) The June PMIs for Emerging Asia indicate that the region’s manufacturing sectors remained in decent health. Meanwhile, Korean export data suggest export growth in the rest of the region likely ended... 2nd July 2018 · 1 min read
Emerging Asia Chart Pack Asian markets take a beating on trade war fears Rising US-China trade tensions, fears over the outlook for China’s domestic economy and the uncertain outlook over US monetary policy have all weighed heavily on the region’s financial markets over... 28th June 2018 · 1 min read
Emerging Asia Economics Focus Philippines: A two-year progress report on President Duterte Two years after coming to power, President Duterte of the Philippines has not been the disaster for the economy that some feared. Growth has remained strong, while economic policy has been left in the... 26th June 2018 · 1 min read