Below is a list of our Emerging Asia Publications for the last 6 months. If you are looking for reports older than 6 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.
Weekly Monitor
- The respite for ASEAN manufacturing in November won’t last long, with demand still deteriorating…
- …Export-oriented countries continue to cause the most misery; supply-side issues are re-emerging.
We no longer expect BI to start cutting this month, following the upside surprise in
- November CPI.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Malaysia’s fiscal budget for 2024 targets a steep cut in the deficit to 4.3% of GDP, from 5.0% this year...
- …But the deficit is likely to be bigger, with the bulk of the adjustment falling to lower subsidy spending.
- The Fiscal Responsibility Bill, if credible, forces the government into stricter austerity measures.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Singaporean export growth continued to recover in October, albeit boosted by friendly base effects...
- …The improvement in nominal terms appears more modest, as external demand remains weak.
- Overall, though, trade should provide a larger boost to Q4 GDP, on the back of this improvement.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Thailand’s Q3 GDP report next Monday should show a leap in growth to 2.9%, from 1.8% in Q2…
- …But this will be due largely to a material drop in imports; domestic demand likely weakened further.
- Retail sales momentum in Indonesia remains lackluster, keeping price-hike expectations at bay.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Inflation in Singapore is likely to remain elevated at 4.1% next year, but down from 5.0% in 2023...
- ...As the GST hike, higher regulated transport and commodity prices fuel inflationary pressures.
- Thankfully, COE prices—a key driver of inflation this year—are likely to moderate from H2 2024.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
