Global Economics Update Indonesia: Jokowi will struggle to revive economy The two key economic challenges facing President Joko Widodo in his second term are boosting GDP growth and reducing Indonesia’s external vulnerabilities. We don’t think he will succeed in either. 17th April 2019 · 1 min read
Asia Economics Update Indonesia: Jokowi will struggle to revive economy The two key economic challenges facing President Joko Widodo in his second term are boosting GDP growth and reducing Indonesia’s external vulnerabilities. We don’t think he will succeed in either. 17th April 2019 · 1 min read
Asia Economics Focus Indonesia election unlikely to lead to stronger growth Although neither candidate in Indonesia’s presidential election has unveiled policy proposals that are likely to address the long-standing constraints which are holding back growth, another term for... 4th April 2019 · 1 min read
Asia Economics Update Indonesia: no more tightening, but cuts unlikely 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... 21st March 2019 · 1 min read
Asia Economics Weekly Philippines budget deadlock, Indonesia election Economic growth in the Philippines is likely to slow unless the 2019 budget is approved soon, but the cuts the government has announced to its GDP growth forecast for this year look too severe. We... 15th March 2019 · 1 min read
Asia Economics Update Inflation to remain low, rates cuts coming Inflation across Emerging Asia has fallen back sharply in recent months and is likely to remain low over the coming quarters. With growth also set to slow, we expect some central banks to start... 7th March 2019 · 1 min read
Asia Data Response Manufacturing PMIs (Feb.) There were few positives in the February PMIs, with the headline readings pointing to another broad-based deterioration in regional manufacturing conditions. The chances of an improvement in the near... 4th March 2019 · 1 min read
Asia Economics Update Where next for Indonesia’s current account? Indonesia’s current account deficit should narrow this year, but not by enough to persuade the central bank to lower interest rates, as some analysts are now predicting. 22nd February 2019 · 1 min read
Asia Economics Update Indonesia: rates to remain on hold this year Bank Indonesia (BI) left interest rates unchanged at its meeting today, and given the improved performance of the rupiah as well as the less hawkish tone of the central bank’s press conference, we are... 21st February 2019 · 1 min read
Asia Economics Weekly Weak growth in Singapore to prompt policy loosening The weak Q4 GDP figures for Singapore that were released earlier today reaffirm our view that monetary and fiscal policy will be loosened this year. Meanwhile, the widening of Indonesia’s trade and... 15th February 2019 · 1 min read
Asia Data Response Indonesia GDP (Q4) Official figures show GDP growth in Indonesia was unchanged at 5.2% y/y in the final quarter of the year, but with exports set to slow and monetary policy likely to be tightened further, we think... 6th February 2019 · 1 min read
Asia Economics Update Indonesia: monetary policy outlook depends on rupiah Bank Indonesia (BI) today left its policy rate unchanged for a second consecutive meeting, while there was nothing in the central bank’s statement to suggest that further rate hikes are imminent... 17th January 2019 · 1 min read
Asia Economics Update A guide to elections in 2019 In this Update we take a look at the important elections that are set to take place across Emerging Asia over the coming year, assessing the implications for policymaking and economic growth. 7th January 2019 · 1 min read
Asia Data Response Manufacturing PMIs (Dec.) While December PMIs for Emerging Asia bounced back a little in some economies, they still indicate that the region’s manufacturing sectors lost momentum over the course of Q4. Meanwhile, timely export... 2nd January 2019 · 1 min read
Asia Economics Update Bank Indonesia set to raise interest rates next year Today’s decision by Bank Indonesia (BI) to leave interest rates unchanged at 6.0% is unlikely to mark the end of the tightening cycle given the likelihood of further falls in the rupiah over the... 20th December 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Nov.) The November PMIs for Emerging Asia indicate that the region’s manufacturing sectors lost further momentum in the middle of Q4. Meanwhile, the weakness in new export orders supports our view that the... 3rd December 2018 · 1 min read
