We now expect the long-run nominal neutral policy rate – i.e., the rate at which the economy is in equilibrium and monetary policy fully...

Following record declines in 2020, we forecast strong 6.1% pa APAC GDP growth over the next two years. Nonetheless, the permanent loss in output...

A string of new Covid-19 outbreaks is weighing on the APAC region’s economic recovery. Among Asia’s developed economies, the case load is low...

Due to ongoing pandemic-related spending needs, we now expect Indonesia’s fiscal deficit will narrow to 3% of GDP only by 2024, a year later than...

After being lauded for their successful containment of Covid-19 in 2020, the ASEAN-6 economies have experienced a surge in cases since the start...

World trade is staging an impressive recovery and so are ASEAN’s exports. We forecast exports will make a positive contribution to headline growth...

A great uncertainty for the growth outlook is the extent to which households will spend the additional savings they’ve accumulated once normal...

India’s new lockdown strategy, which is being led by states, seems to be working. The sustained decline in the daily coronavirus cases at a...

As we feared, the second coronavirus wave is playing havoc with India’s health system and more states have adopted stricter measures to contain...

The rapidly swelling second wave has taken a big toll on the country’s health infrastructure. The health system has collapsed in the worst hit...