Asia Data Response Indonesia GDP (Q3) The y/y contraction in Indonesian GDP eased in Q3, and the economy is likely to experience a slow recovery over the coming quarters. 5th November 2020 · 2 mins read
Asia Economics Update Further rate cuts likely in Indonesia Bank Indonesia (BI) left interest rates on hold at 4.0% today, but it is too soon to call an end to the easing cycle. With the economy in need of further support, we think the central bank will resume... 13th October 2020 · 3 mins read
Asia Economics Update Indonesia: reform package boosts long-term prospects The near-term outlook for Indonesia’s economy is dreadful. A failure to contain the virus means the country will experience one of the slowest recoveries in the region. But a series of landmark... 6th October 2020 · 3 mins read
Asia Economics Update Is Bank Indonesia’s independence under threat? Proposed changes to Bank Indonesia’s mandate, which include a shift to focus more on growth and unemployment, could lead to major changes in how the central bank operates. However, given the country’s... 2nd September 2020 · 3 mins read
Asia Chart Pack Second wave unlikely to completely derail recoveries Having been among the fastest in the world at controlling the initial outbreak, Hong Kong, Vietnam and Korea are all at different stages of a second wave of infections. With new infections in Hong... 26th August 2020 · 14 mins read
Asia Economics Update More cuts coming in Sri Lanka The Central Bank of Sri Lanka (CBSL) left both its deposit and lending rates on hold at 4.50% and 5.50% respectively at its meeting today, but given the poor outlook for the economy and mounting... 20th August 2020 · 3 mins read
Asia Economics Update Bank Indonesia to resume easing soon Bank Indonesia’s (BI) decision to leave interest rates unchanged at 4.0% suggests that it is waiting to see if the recent stabilisation in the rupiah holds. Provided it does, we think further easing... 19th August 2020 · 3 mins read
Asia Data Response Indonesia GDP (Q2) Economic activity in Indonesia collapsed in the second quarter. A failure to contain the virus effectively and inadequate policy support mean the recovery is likely to be one of the slowest in the... 5th August 2020 · 2 mins read
Asia Economics Update Will Asia benefit from China’s strong rebound? China’s rapid economic recovery from the Global Financial Crisis did not play as big a role as is commonly assumed in supporting growth in the rest of Asia. We doubt a strong rebound in China from the... 24th July 2020 · 4 mins read
Emerging Markets Trade Monitor Nascent export rebound has further to run EM goods exports remained weak in May, but partial June data point to a fledgling recovery. This is likely to continue in the coming months, although a number of factors look set to constrain the... 16th July 2020 · 3 mins read
Asia Economics Update Bank Indonesia to cut interest rates further Bank Indonesia’s (BI) decision to cut interest rates today suggests that for now at least it is prioritising the economy over supporting the rupiah. We think further rate cuts are likely over the... 16th July 2020 · 3 mins read
Asia Data Response Manufacturing PMIs (Jun.) The PMIs point to an improvement in manufacturing conditions last month, although many readings are still low and suggest that overall manufacturers continue to struggle. 1st July 2020 · 2 mins read
Asia Economics Update Bank Indonesia to ease further Bank Indonesia (BI) cut interest rates today for the first time in three months, but the modest 25bp cut suggests that it remains worried about the outlook for the rupiah. Given the bleak growth... 18th June 2020 · 3 mins read
Asia Economics Focus Which countries will rebound fastest? The high-frequency data that we track suggest that while economic activity is picking up across most of the region, the pace of recovery varies significantly by country. We expect China, Singapore... 8th June 2020 · 11 mins read
Asia Economics Weekly Bumps in Korea’s recovery, how to interpret the PMIs A couple of new outbreaks of coronavirus in Korea’s capital city, Seoul, has led to renewed fears of a second wave of infections. The recent spike appears to have put the recovery on hold and has led... 29th May 2020 · 5 mins read
Asia Economics Update How bad is the outlook for Indonesia? Indonesia is making much slower progress than others in the region in containing the spread of the coronavirus. This will hold back the economic recovery. We are cutting our GDP growth forecast for... 21st May 2020 · 4 mins read
