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
Asia Economics Update Thailand’s recovery will be impressive in coming quarters Today’s Thai Q4 GDP data were stronger than our above-consensus forecast, with growth being led by government spending and household consumption. We expect that GDP growth will stay high for a few... 22nd February 2010 · 1 min read
Asia Economic Outlook Upswings to stay impressive for a while (Q1 10) The trade-dependent economies will eventually see slower GDP growth later this year and in 2011 as the global upswing loses momentum. But Asia’s rebound will not come to a complete halt and growth, by... 19th February 2010 · 1 min read
Asia Economics Update Thailand finally catches up with the rest of Asia Thailand has lagged the regional recovery but data from the end of last year, including December foreign trade released today, have been strong. We have therefore lifted our 2010 GDP forecast... 19th January 2010 · 1 min read
Asia Economics Update Thailand shifts a little towards the exit The Bank of Thailand (BoT) kept its policy rate unchanged at 1.25% today, as expected. The upswing will probably be sluggish, but the BoT did start to prime the markets to expect rates to move up in... 13th January 2010 · 1 min read
Asia Economics Update Bank of Thailand in no rush to hike The Bank of Thailand (BoT) left its policy interest rate unchanged at 1.25% today, as expected. The economy is recovering but at a far slower pace than the rest of Asia. Thailand is also more reliant... 2nd December 2009 · 1 min read
Asia Economic Outlook Decoupling is back (Q4 09) We expect the upswing in emerging Asia to stay relatively strong in coming quarters. The more trade-dependent economies will be held back by the long drawn-out recoveries that are likely in the US and... 24th November 2009 · 1 min read
Asia Economics Update September data confirm acceleration in Thai GDP The recovery in the Thai economy gathered momentum in the third quarter, boosted by investment and household consumption. While growth is likely to stay strong in the final quarter and over 2010 we... 30th October 2009 · 1 min read
Asia Economics Update Bank of Thailand to stay in the slow lane The Bank of Thailand left policy interest rates on hold at 1.25% today, as was widely expected. Although the economic recovery is gaining some traction, there is little risk that inflation will... 21st October 2009 · 1 min read
Asia Economics Update Thailand’s recovery still up and running, but pauses for breath Thailand’s recovery faltered in August but GDP still looks on track to climb in Q3. Investment and household spending will continue to lead the way and will offset yet another drag from net exports. 30th September 2009 · 1 min read
Asia Economics Update Thailand Q2 GDP looks set for solid rebound The improvement in economic activity in June confirms that Thai GDP rebounded in Q2, while leading indicators suggest Q3 has started on a strong footing. 31st July 2009 · 1 min read
Asia Economics Update Bank of Thailand to stay on hold throughout 2010 The Bank of Thailand (BoT) today left its overnight rate on hold at 1.25%. Its statement was neutral, but Thai markets are still pricing in policy rate hikes over the next year. We expect rates to... 15th July 2009 · 1 min read
Asia Economics Update Bank of Thailand ends easing cycle too early The Bank of Thailand (BOT) left its 1-day repo rate on hold at 1.25% today, against our and consensus expectations for a 25bps cut. The weakness of domestic demand and the spectre of sustained... 20th May 2009 · 1 min read
Asia Economics Update Thai instability dragging further on growth Seasoned investors are by now used to unrest in Thailand and markets should take the latest flare up in their stride. But political instability will hold back the economy’s recovery, with the result... 15th April 2009 · 1 min read
Asia Economics Update Dismal Thai GDP data suggest large rate cut imminent Today’s Q4 GDP numbers underscore the speed at which the Thai economy is deteriorating. With external demand set to contract even more over coming months and domestic demand weakening as well, worse... 23rd February 2009 · 1 min read
Asia Economics Update Thailand slipping into recession, rates to fall to 1% Today’s decision by the Bank of Thailand to cut official rates by a larger-than-expected 100bp to 2.75% is likely to be the first of a series of moves by the central bank to counter the possibility of... 3rd December 2008 · 1 min read
