Below is a list of our Emerging Asia Publications for the last 5 months. If you are looking for reports older than 5 months please email info@pantheonmacro.com, or contact your account rep
Please use the filters on the right to search for a specific date or topic.
Meekita Gupta (Asia Economist)
- In one line: Potentially the peak.
- In one line: No surprises.
- In one line: Smashing expectations, again.
- Taiwan’s Q1 GDP growth reached new heights, at 13.7%, smashing all expectations...
- …Consumption has been stronger than expected since Q4, but we think this is a false flag.
- We still expect GDP growth to moderate in 2026, due to the Iran war and high base effects.
- We were correct about Singapore’s GDP growth moderating sharply in Q1; it fell to 4.6%…
- …The MAS increased the rate of appreciation for its policy band; it is rightly worried about inflation.
- Malaysian GDP growth cooled in Q1, as widely expected, with services slowing sharply.
Malaysian electronic exports are down, just when commodities perk up
- We think GDP growth in Singapore will slow to 3.0% this year, with risks tilted to the downside.
- Singapore has cemented its role as a financial hub in Asia, which has been helped by policy...
- ...But further expansion could be limited if Hong Kong manages to lure back banks and workers.
- In one line: Not as bad as we all thought.
- In one line: Q1 consumption remains firm.
- Singapore’s combined January-to-February CPI suggests that inflation is still ticking up in Q1...
- …We note an alarming increase in health insurance premiums, which is being reined in for Q2.
- The Middle East energy crisis looks set to push inflation above 2% in Q2.
Inflation broadly accelerating in Singapore in Q1
Malaysian headline export growth in Q1 still up from Q4, despite February miss
Inflation at bay, for now
- Malaysian current average Q1 expor ts are growing by 15.1%, meaning Q1 GDP will likely be strong…
- …Inflation was held at bay in Februar y but will now likely rise, because of higher crude oil prices.
- Taiwan’s central bank left rates on hold, and seems to be too sanguine about growth in 2026.
Electronic exports in Singapore continue to boom
Brace for a potential inflation hit to Malaysian retail sales growth this year
- Malaysian January retail sales volumes dipped on a seasonally adjusted month-to-month basis.
- We expect a mild increase in inflation over the year because of the Middle East crisis...
- …Which could create risks to financial stability, via higher debt, if it doesn’t curb consumer spending.
- In one line: AI server growth moderating.
- In one line: Lunar New Year distortions.
- In one line: Spending on big items is failing to recover.
- In one line: Members hold rates, but seem spooked by the Middle East crisis.
