Asia Economics Update Asian equities shrug off latest Korean tensions Equity markets in Emerging Asia have continued to take the crisis in North Korea in their stride. Although most markets have fallen in response to today’s missile test, the moves are very small. It is... 29th August 2017 · 1 min read
Asia Chart Pack Will other central banks follow Bank Indonesia? Despite the current subdued rates of inflation across most of Emerging Asia, we don’t expect many of the region’s central banks to copy Bank Indonesia, which yesterday surprised markets by cutting... 23rd August 2017 · 1 min read
Asia Data Response Philippines GDP (Q2) The Philippines recorded another quarter of solid growth in Q2 and should continue to perform well over the near term, supported by rapid government spending growth and healthy private consumption. 17th August 2017 · 1 min read
Asia Economics Update Philippines: Rates to remain on hold under new governor Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% was widely expected. The accompanying statement, which was the first to be published since... 10th August 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Jul.) Emerging Asia’s PMIs for July suggest the region’s manufacturing sectors started Q3 on a subdued note. Focussing on the two economies where the PMIs most closely track the hard data, Taiwan’s... 1st August 2017 · 1 min read
Asia Economic Outlook How long will the recovery last? A pick-up in exports will lift growth in Emerging Asia to a five-year high in 2017, but mounting domestic headwinds means that this is unlikely to be sustained. We expect growth to slow in 201819... 6th July 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Jun.) The June PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained in decent health. The pick up in the PMI readings in Taiwan and Korea – the two economies where the PMIs most... 3rd July 2017 · 1 min read
Asia Economics Weekly Asian financial crisis twenty years on There are more differences than similarities between the situation now and the position many Asian countries found themselves in on the eve of the Asian financial crisis 20 years ago. But there is no... 30th June 2017 · 1 min read
Asia Economics Weekly Philippines: Duterte undermining country’s economic prospects One year since coming to power, President Duterte of the Philippines has not been the disaster for the economy that some feared. His wisest move has been to hand over responsibility for economic... 23rd June 2017 · 1 min read
Asia Economics Update No change in sight for Philippines rates Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% was widely expected. But while the consensus among analysts is that the BSP will hike rates... 22nd June 2017 · 1 min read
Asia Data Response Philippines and Taiwan Consumer Prices (May) The fall in Philippines inflation from 3.4% y/y in April to 3.1% y/y in May adds weight to our view that it is now past its peak. The modest decline was a touch lower than our forecast of 3.2%... 6th June 2017 · 1 min read
Asia Data Response Manufacturing PMIs (May) Most of Emerging Asia’s manufacturing PMIs slipped in May, but we doubt this marks the start of a significant downturn in Asian manufacturing. 1st June 2017 · 1 min read
Asia Data Response Philippines GDP (Q1) The Philippines recorded another quarter of solid growth in Q1 and should continue to grow reasonably strongly over the near term, supported by a decent recovery in exports and healthy domestic demand... 18th May 2017 · 1 min read
Asia Economics Update Philippines to keep rates on hold this year Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% had been widely expected. But while the consensus among analysts is that the BSP will hike... 11th May 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Apr.) The April PMIs for Emerging Asia suggest that the region’s manufacturing recovery remained intact. Focusing on the two economies where the PMIs most closely track the hard data, Taiwan’s manufacturing... 2nd May 2017 · 1 min read
Asia Economics Weekly Philippines – current account deficit no cause for alarm A sharp fall in the Philippines’ current account surplus is fueling fears that the economy is overheating. We think such fears are overdone. 21st April 2017 · 1 min read
