To fight the worst economic recession in Singapore’s history, the Finance Minister, Heng Swee Keat, delivered close to S$100bn (20% of GDP) worth...
India | Fiscal normalisation to keep RBI on the hook
Posted by Priyanka Kishore on Feb 18, 2021
Expectations of a supportive macro policy environment have underpinned our positive 2021 outlook for India for some time. Despite the impressive...
Asia Pacific | Stronger macro boost to rupee than rupiah and peso
Posted by Sung Eun Jung on Feb 17, 2021
The IDR and INR were the only Asian currencies that depreciated against the USD in 2020. Last year we highlighted the twin deficit risks that were...
India | Biting the fiscal bullet
Posted by Priyanka Kishore on Feb 2, 2021
Markets have cheered today’s budget, which was perceived to be growth-oriented with an emphasis on infrastructure spending. The revised estimates...
Myanmar | Military coup threatens economic recovery
Posted by Sian Fenner on Feb 1, 2021
On February 1, Myanmar’s military seized control of the country, announcing a one-year state of emergency and the replacement of democratically...
A synchronized recovery to take root
Posted by Sian Fenner on Jan 27, 2021
Economic growth has picked up from the sharp falls in Q2 2020, but the recovery across the ASEAN-6 economies has been uneven. Varying success in...
Asia Pacific | Key Themes 2021: Strengthening Tailwinds
Posted by Priyanka Kishore on Dec 10, 2020
We expect a more synchronous recovery in Asia Pacific in 2021, with all economies returning to annual growth. While China’s growth should moderate
Biden win not a significant game changer for Asia | APAC
Posted by Sian Fenner on Nov 11, 2020
With Joe Biden set to become the next US president in January 2021, it removes some of the downside risks to our Asia’s economic outlook. However,...
Global | City travel falls and recovery: impacts of COVID-19 on city tourism
Posted by Tourism Economics on Sep 28, 2020
The COVID-19 outbreak has devastated city tourism, with global city arrivals forecast to decline 58% in 2020, equivalent to the loss of 373mn...