Asia Economics Update Thailand plays catch-up The Bank of Thailand (BoT) raised its policy rate by 25bp to 1.5% today, as expected. The social unrest has inflicted little damage on the economy while inflation is set to rise. Today’s move is not a... 14th July 2010 · 1 min read
Asia Economics Weekly Thailand set to hike policy rates The Bank of Thailand (BoT) meets this week and we, like the market, expect that they will move the policy rate up by 25bp to 1.5%. The social unrest in April-May appears to have inflicted little long... 12th July 2010 · 1 min read
Asia Economics Update Thailand to start monetary tightening in Q3 Bank of Thailand (BoT) monthly indicators for May suggest that the hit to the economy from the violence in Bangkok has not been too severe, which is what we expected would be the case. Exports and... 1st July 2010 · 1 min read
Asia Economics Update Thailand rates will probably move up in Q3 The Bank of Thailand (BoT) left its policy rate unchanged at 1.25% today, as was universally expected. The economy warrants higher rates but the political situation needs to stay calmer for longer. We... 2nd June 2010 · 1 min read
Asia Economic Outlook Asia to keep going its own way (Q2 10) We expect the world recovery will lose momentum in 2010-11 but do not anticipate that the recent turmoil in the markets will derail the global upswing. The implication for Asia is that the regional... 27th May 2010 · 1 min read
Asia Economics Update Thailand started 2010 well but what happens from here? Q1 GDP in Thailand, published today, beat expectations but the most significant announcement in recent days was one from the Finance Minister, who stated that the government was “highly unlikely” to... 24th May 2010 · 1 min read
Asia Economics Update Where does Thailand go from here? Political unrest will continue in Thailand but we suspect that the level of instability will subside to where it was in 2006-09 when the economy was still able to perform reasonably well. We still... 20th May 2010 · 1 min read
Asia Economics Update Worst case fear for Thailand diminishing The risk that the political instability is prolonged, and spreads beyond a small area of Bangkok, will stay very high for a while. Nevertheless, we continue to expect that the latest crisis will be... 17th May 2010 · 1 min read
Asia Economics Update Bank of Thailand still looks set to tighten soon Thailand data published over the last few days have been strong, with exports leading the way. The political situation remains volatile but we continue to expect that an agreement to hold new... 3rd May 2010 · 1 min read
Asia Economics Update Thai rates will still probably move up by mid-year The Bank of Thailand (BoT) left its policy rate unchanged at 1.25% today, as was universally expected. The economy warrants higher rates but the political situation needs to calm first. We are not as... 21st April 2010 · 1 min read
Asia Economics Weekly Thailand will probably reach a compromise soon The Bank of Thailand (BoT) is virtually certain to leave the repo rate unchanged at 1.25% at its monetary policy meeting on Thursday. Economic conditions probably warrant a move up in the policy rate... 19th April 2010 · 1 min read
Asia Economics Update Thailand political risks increase again The shocking weekend events in Bangkok could make it more difficult to reach a compromise on the date of new elections, or may bring new urgency to the negotiations. We suspect that new elections will... 12th April 2010 · 1 min read
Asia Economics Update Thailand political risks should stay contained Yesterday’s declaration of a state of emergency in Thailand could mark the start of a dangerous escalation in the confrontation between street protestors and the government. But while the stand-off... 8th April 2010 · 1 min read
Asia Economics Update Thailand political risks contained, but for how long? The government will probably continue to hold the upper hand in Thailand’s street protests and a compromise is increasingly likely which will involve early elections. But a new vote may not end the... 22nd March 2010 · 1 min read
Asia Economics Update Bank of Thailand moves closer to the exit The Thai policy rate was left unchanged at 1.25% today, as expected. The Bank of Thailand (BoT) acknowledged that the economic momentum built up at the end of last year has carried forward into 2010... 10th March 2010 · 1 min read
Asia Economics Update Thailand off to a good start in 2010 The momentum built-up by the Thailand economy at the end of 2009 has carried forward into January. Consumption will be strong for a while but it is investment that will lead GDP growth this year... 1st March 2010 · 1 min read
