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
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
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
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
Asia Economics Update Philippines: One more hike likely Given the hawkish tone of the central bank’s statement, a further rate increase in the Philippines now looks likely. We originally thought today’s hike would mark the end of the tightening cycle. But... 20th June 2018 · 1 min read
Asia Economics Weekly Thailand: Demographics and politics to drag on prospects Thailand’s working age population is forecast to start shrinking from next year, presenting a headwind to the country’s economic prospects. With productivity growth set to remain weak, economic growth... 15th June 2018 · 1 min read
Asia Economics Update Inflation in the Philippines close to peaking Having nudged higher again in May, inflation in the Philippines probably has a little further to rise. But with food and energy price pressures set to ease over the coming months and the impact of... 5th June 2018 · 1 min read
Asia Data Response Manufacturing PMIs (May) Most of Emerging Asia’s PMIs picked up in May. However, the manufacturing sector in Taiwan, one of the economies where the PMIs most closely track the hard data, appears to be losing momentum. 1st June 2018 · 1 min read
Asia Economics Update Philippines: Aggressive tightening cycle unlikely The Philippines central bank (BSP) today hiked its key policy rate from 3.00% to 3.25%, but also left the door open to further rate increases later this year. While we think interest rates will be... 10th May 2018 · 1 min read
Asia Data Response Philippines GDP (Q1) A pick-up in economic growth in the Philippines in Q1 means that we have raised our forecast for 2018 as a whole from 6.0% to 6.5%. However, this still implies a slowdown in the quarters ahead, as... 10th May 2018 · 1 min read
Asia Economics Weekly Philippines: Interest rates to rise as inflation concerns mount A further rise in inflation in April and more hawkish comments from policymakers suggest the central bank of the Philippines (BSP) is likely to raise interest rates at its upcoming meeting on Thursday... 4th May 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Apr.) The April PMIs for Emerging Asia suggest that the region’s manufacturing sectors were lacklustre at the start of Q2. Focussing on the two economies where the PMIs most closely track the hard data... 2nd May 2018 · 1 min read
Asia Economics Update Philippines central bank to look through inflation spike The Philippines central bank (BSP) decision to leave rates on hold today, despite this year’s jump in inflation, adds weight to our view that policy will remain on hold throughout 2018. This stands in... 22nd March 2018 · 1 min read
Asia Economics Update Philippines: Rate hikes unlikely despite rise in inflation Despite inflation rising to its highest rate in nearly four years in February, the central bank seems in little hurry to tighten monetary policy. We continue to believe that interest rates in the... 6th March 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Feb.) The February PMIs for Emerging Asia suggest the region’s manufacturing sectors remained in decent health. While the surveys point to rising prices, the big picture is that inflation in most of these... 1st March 2018 · 1 min read
Asia Economics Weekly Philippines: Time to worry about the weak peso? A low level of foreign currency debt in the Philippines means the recent weakness of the peso is not a major concern. In fact, despite the current worries about rising inflation, policymakers appear... 23rd February 2018 · 1 min read
