Asia Economics Update Philippines: an end to the tightening cycle The central bank in the Philippines (BSP) today left interest rates unchanged (at 6.25%) but stated it was ready to resume its tightening cycle later in the year. However, with inflation falling back... 18th May 2023 · 3 mins read
Asia Economics Weekly BSP meeting on a knife edge, Thailand election The BSP’s meeting on Thursday is likely to be a close call, but with inflation in the Philippines firmly on the way down and the economy slowing, we think the central bank will finally hit the pause... 12th May 2023 · 6 mins read
Asia Data Response Philippines GDP (Q1) Growth slowed in Q1 and we expect the economy to weaken further over the coming quarters against a backdrop of weak global demand and high interest rates. 11th May 2023 · 3 mins read
Event EM Asia Drop-In: Thailand’s election and near to long-term economic risks 11th May 2023, 9:00AM BST The Thai economy is poised for recovery this year, but before that the country faces a contentious general election on 14th May which could be a trigger for fresh political unrest.
Asia Data Response Manufacturing PMIs, Korea Trade and Inflation (Apr.) A simple average of manufacturing PMIs in Emerging Asia rose slightly in April but this was almost entirely driven by a large jump in Thailand’s headline index to a record high. Weak global demand and... 2nd May 2023 · 3 mins read
Emerging Markets Economics Update Inflation expectations fall, but reasons for caution Our dataset on inflation expectations across EMs shows some encouraging falls since 2022 and supports our view that, with EM inflation likely to fall further, monetary easing cycles will start in the... 19th April 2023 · 5 mins read
Asia Economics Weekly Philippines straddling US-China rift, IMF too optimistic So far, the Philippines appears to be successfully straddling the geopolitical divide as it tries to improve its political and military ties with the US, while also building on its strong economic... 14th April 2023 · 6 mins read
Asia Economics Weekly Korean industry struggling, CPTPP+UK Korea’s manufacturing sector is in for a painful year with bloated inventories and weak external demand set to drag on production. Data published earlier today showed that production of semiconductors... 31st March 2023 · 10 mins read
Asia Chart Pack Asian banks in decent shape, but credit risks lurk The turmoil in the global banking system over the past month has had a limited impact on Asia – currencies have held up well and outflows of capital have been small. And in general, banking sectors in... 30th March 2023 · 16 mins read
Asia Economics Update Philippines: one more hike left in the tightening cycle The central bank of the Philippines (BSP) today slowed the pace of tightening as it raised its main policy rate by 25bps (to 6.25%), and hinted that the tightening cycle was now approaching an end... 23rd March 2023 · 3 mins read
Event Asia Drop-In: What does the recent banking sector turmoil mean for Asia? 30th March 2023, 9:00AM BST Although the recent flare-up of financial stability concerns has been a US-Europe story, its reverberations could be global.
Asia Data Response Manufacturing PMIs & Korea Trade (Feb.) Manufacturing PMIs in Emerging Asia rose in February, helped by a rebound in the export orders sub-component. While the data provide the first tentative signs that the worst may be over for the region... 1st March 2023 · 2 mins read
Emerging Markets Economics Update EM investment: weak outlook and clear divergence EM investment surged far above pre-pandemic levels last year, but there was a clear divergence across countries and we think investment growth will slow in 2023. One worrying development is that... 20th February 2023 · 4 mins read
