Long Run Focus

Global migration to bounce back

Global migration has ground to a halt over the past year or so, but we doubt that the pandemic will have any major lasting impact. Moreover, there is potential for migration to get a fresh impetus...

15th June 2021 · 21 mins read

Asia Economics Update

Indonesia: rates to remain low for some time to come

Bank Indonesia (BI) left interest rates unchanged at 3.5% today and signalled that it was in no rush to adjust its monetary policy settings again this year. We expect interest rates to remain low to...

25th May 2021 · 2 mins read

Asia Data Response

Indonesia GDP (Q1)

Indonesia’s economy struggled to gain any momentum in the first quarter of the year and a failure to contain the virus will hold back the recovery in the quarters ahead.

5th May 2021 · 3 mins read

Asia Data Response

Manufacturing PMIs (Apr.)

The April PMI readings suggest that manufacturing improved further in most places in Asia after a strong Q1. Global demand for electronics should continue to support the sector over the next few...

3rd May 2021 · 2 mins read

Asia Economics Update

No room for further rate cuts in Indonesia

Bank Indonesia (BI) left interest rates unchanged at 3.5% today, and despite the downbeat outlook for the economy we see little room for further rate cuts this year.

20th April 2021 · 2 mins read

Asia Data Response

Manufacturing PMIs (Mar.)

March PMI readings suggest that manufacturing sectors improved further in most places in Asia. Global demand for electronics should continue to support the sector for the next few months.

1st April 2021 · 2 mins read

Asia Economics Update

Asian central banks in no rush to raise interest rates

Unlike in some emerging markets, central banks across Emerging Asia are in no rush to tighten monetary policy. External factors won’t compel policymakers to tighten, and with inflationary pressures...

30th March 2021 · 3 mins read

Asia Economics Update

What would a global return to normality mean for Asia?

As vaccines are rolled out across the world and restrictions on economic activity are removed, we expect global consumption patterns to return to something like normal. Electronics exporters, most...

22nd March 2021 · 3 mins read

Asia Economics Update

Indonesia: little prospect of rate hikes

Recent volatility in financial markets meant Bank Indonesia (BI) was never likely to cut interest rates for a second consecutive month at its meeting today, and further rate cuts look off the agenda...

18th March 2021 · 3 mins read

Asia Data Response

Manufacturing PMIs (Feb.)

February PMI readings suggest that manufacturing sectors improved further in most places in Asia. Global demand for electronics should continue to support the sector for at least the next few months.

2nd March 2021 · 2 mins read

Asia Economics Update

Is the slow vaccine rollout a cause for concern?

Asia’s vaccine rollout has got off to a slow start. This is not a big concern in countries that have contained the virus and where social distancing is not a drag on growth such as Taiwan and China...

23rd February 2021 · 3 mins read

Asia Data Response

Indonesia GDP (Q4)

The contraction in Indonesian GDP eased slightly again at the end of last year, but a failure to control the virus means the recovery is likely to be slow and fitful in the quarters ahead.

5th February 2021 · 3 mins read

Asia Data Response

Manufacturing PMIs (Jan.)

PMI readings for Asia suggest that manufacturing sectors improved further in most places. Buoyant global demand for electronics should continue to support the sector for at least the next few months.

1st February 2021 · 2 mins read

Asia Economics Update

What next for interest rates in Indonesia?

Indonesia’s central bank left interest rates unchanged today, but given the poor outlook for growth, further easing is likely early next year.

17th December 2020 · 2 mins read

Asia Data Response

Manufacturing PMIs (Nov.)

PMI readings for Asia suggest that manufacturing conditions improved significantly in November. Buoyant global demand for electronics should continue to support the sector over the coming months.

1st December 2020 · 2 mins read