Asia Economic Outlook Asia is re-balancing and will continue to lead (Q3 10) The global upswing is now regaining some traction and the threat of renewed financial crisis has diminished. However, the world recovery will stay weak and vulnerable to other risks such as deflation... 23rd September 2010 · 1 min read
Asia Economics Update Strong growth in the Philippines to bring rate hikes soon Q2 GDP in the Philippines came in stronger than even our above-consensus forecast. Domestic demand will probably stay strong and should offset the fading support from foreign conditions and inventory... 26th August 2010 · 1 min read
Asia Economics Update The Philippines’ fiscal position is poor but not disastrous Bad news on the budget deficit has trickled through in recent weeks and there is scepticism about the Philippine government’s ability to limit the shortfall to its new (upwardly-revised) target for... 26th July 2010 · 1 min read
Asia Economics Update Philippine rates to stay on hold for a while The Philippines’ central bank (BSP) kept policy rates on hold at 4.0% today. This was expected by the consensus although we had thought there might be a hike. The economic upswing should stay on track... 15th July 2010 · 1 min read
Asia Economics Update The Philippines upswing remains in good shape Data published over the last few days have been mixed but the Philippines economic recovery still probably stayed strong in Q2. Fiscal consolidation can proceed slowly and the expansion will almost... 17th June 2010 · 1 min read
Asia Economics Update The Philippines looks set to tighten in Q3 The Philippines’ central bank (BSP) left the reverse repo rate unchanged at 4.0% today, as expected. The economic upswing should hold strong in coming months while the policy rate looks set to remain... 3rd June 2010 · 1 min read
Asia Economic Outlook Asia to keep going its own way (Q2 10) We expect the world recovery will lose momentum in 2010-11 but do not anticipate that the recent turmoil in the markets will derail the global upswing. The implication for Asia is that the regional... 27th May 2010 · 1 min read
Asia Economics Update The Philippines’ strong start to 2010 is likely to last Today it was the turn of the Philippines to publish impressive Q1 GDP data. Base effects played a part but q/q growth was rapid too. The economic recovery is on solid foundations and will stay strong... 27th May 2010 · 1 min read
Asia Economics Update Philippines election to bring long run market gains The new counting system was up to the job and the presidential election in the Philippines has produced a clear winner. The new government will target fiscal consolidation and measures to lift... 12th May 2010 · 1 min read
Asia Economics Update Philippine markets likely to rally after the election There is some uncertainty over whether the new counting system is up to the job but the 10th May presidential election in the Philippines should bring a clear-cut result. The new government will... 6th May 2010 · 1 min read
Asia Economics Update Philippines monetary tightening to shift gears soon The Philippines central bank (BSP) left its key policy rate unchanged at 4.00%, as expected, but a first rate hike is now close. We expect a move at the next meeting on 3rd June once the 10th May... 22nd April 2010 · 1 min read
Asia Economics Update Philippines inching closer to a first policy rate hike The Philippine central bank (BSP) left its key policy rate unchanged at today’s meeting, as expected, but continued to unwind some of the other support measures which are no longer needed. Politics... 11th March 2010 · 1 min read
Asia Economic Outlook Upswings to stay impressive for a while (Q1 10) The trade-dependent economies will eventually see slower GDP growth later this year and in 2011 as the global upswing loses momentum. But Asia’s rebound will not come to a complete halt and growth, by... 19th February 2010 · 1 min read
Asia Economics Update Philippine rate hike draws closer The Philippine central bank (BSP) today left its key policy rate unchanged at 4.0%, as expected, but also began to unwind some of the liquidity support put in place during the global crisis. We still... 28th January 2010 · 1 min read
Asia Economics Update Philippines stress-test on the way Philippines country credit risk will be in the spotlight over the next six months given that the 2010 borrowing requirement will probably hit record levels, and ahead of May’s presidential and... 18th January 2010 · 1 min read
Asia Economics Update Philippine rates to move up in the first half of 2010 Today the Philippine central bank (BSP) left its policy rate unchanged at 4%, as expected, and retained a neutral bias. The economic upswing will almost certainly continue but inflation still looks... 17th December 2009 · 1 min read
