Asia Economics Update BI cuts rates, but easing cycle likely to be short Bank Indonesia (BI) today cut its benchmark interest rate from 6.0% to 5.75% and hinted that further easing is on the horizon. But the uncertain outlook for the currency means that this is unlikely to... 18th July 2019 · 2 mins read
Asia Economics Update BI hints at rate cuts, but prolonged easing unlikely Bank Indonesia today left its policy rate unchanged at 6.0% but the decision to cut the reserve requirement ratio and the dovish shift in the central bank’s rhetoric suggests interest rates are likely... 20th June 2019 · 1 min read
Asia Economics Update What would US rate cuts mean for Asia? Expectations that the US will soon start to cut interest rates have provided a boost to Asian currencies in recent weeks. But if we are right that slowing growth in the US and the escalating trade war... 18th June 2019 · 1 min read
Asia Economics Focus Weaker growth is here to stay With productivity slowing and working age populations set to start falling across most of Asia, we expect regional growth to slow to just 3.5% in a decade’s time. This compares with average growth of... 12th June 2019 · 1 min read
Asia Economics Weekly Philippines inflation, Asia’s “currency manipulators” Signs that Philippines inflation continued to tumble in May suggest that the easing cycle there has further to run. Meanwhile, easing is also likely in Malaysia, Korea and Singapore in the second half... 31st May 2019 · 1 min read
Asia Chart Pack Who is winning the trade war? With the trade war between the US and China continuing to escalate, a clear winner is starting to emerge: Vietnam. Since around the middle of last year, Vietnam’s exports to the US have shot up by... 29th May 2019 · 1 min read
Asia Economics Update Weakest growth in a decade, further weakness ahead Growth slowed sharply in Emerging Asia last quarter, and is likely to remain fairly weak over the coming year, with looser fiscal and monetary policy unlikely to offset the drag from weaker global... 27th May 2019 · 1 min read
Asia Economics Weekly Won weakness, election season over The 6% decline in the Korean won since the start of the year does not pose a major threat to the economy. However, policymakers are clearly irked by the decline in the currency, with officials from... 24th May 2019 · 1 min read
Asia Economics Update Indonesia: rate cuts unlikely despite dovish shift Bank Indonesia (BI) left rates unchanged at 6.0% at its meeting today and hinted that it may consider loosening policy over the coming months. However, with the rupiah likely to lose more ground... 16th May 2019 · 1 min read
Asia Economics Weekly More of the same in Indonesia, Thai election result In his first major policy speech since his re-election President Joko Widodo promised to press ahead with plans to boost infrastructure spending, reduce bureaucracy and open up the economy to foreign... 10th May 2019 · 1 min read
Asia Data Response Indonesia GDP (Q1) GDP growth in Indonesia has been suspiciously stable at around 5% over the past five years, and it was no surprise that it recorded another quarter of growth at close to this rate in the first quarter... 6th May 2019 · 1 min read
Global Economics Update Indonesia This Briefing is a reference guide with our latest views and forecasts for Indonesia’s economy, including the prospects for key macroeconomic and financial market variables such as gross domestic... 2nd May 2019 · 1 min read
Asia Data Response Manufacturing PMIS (Apr.) A slight improvement in the April PMIs fits with yesterday’s trade data from Korea in suggesting that the region’s economies have passed the worst. That said, we still expect regional growth to remain... 2nd May 2019 · 1 min read
Asia Economics Update Indonesia: rates to be left unchanged this year Bank Indonesia (BI) left rates unchanged at 6.0% at its meeting today and there was little indication in the statement that it is likely to adjust monetary policy anytime soon. We expect rates to... 25th April 2019 · 1 min read
Asia Economics Update Weak export growth looks set to continue The most recent trade data, including the very weak outturn in Korean exports over the first 20 days of this month, suggest that regional trade remains in the doldrums. With the external sector facing... 22nd April 2019 · 1 min read
Asia Economics Weekly Technology slump bottoms out, Philippines budget A slump in electronics exports has been a key drag on economic growth across Asia in recent months, but there are tentative signs that the worst may now be over. Meanwhile, after months of delays, the... 18th April 2019 · 1 min read
