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We still think India’s recovery will be subdued in H2 2021, despite a significant pick-up in vaccinations from August. The uptick in inoculations...
Private bank credit contracted 2.7% in 2020 in Indonesia and continued to decline on a year-on-year basis through most of H1 this year. The credit...
Asia’s economic performance over the next six to nine months will continue to be hugely influenced by developments in the pandemic, probably more...
Notwithstanding Covid-related risks, we expect Asian currencies will show resilience in the face of tighter US monetary policy, particularly when...
Indian households have hoarded savings through the Covid crisis, although to a lesser extent than the rest of the world. Emerging from the...
The role of the RMB is greatest where China is a major destination for manufacturing exports, suggesting that the degree of trade integration with...
Our ASEAN-6 growth tracker, which includes Indonesia, Malaysia, the Philippines, Thailand, Singapore, and Vietnam, points to a weak start to Q3....
Domestic travel is the key factor that will support the near-term tourism recovery in Asia-Pacific (APAC). While international travel in the...
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...
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