Good MornING Asia - 17 May 2019

Australia goes to the polls over the weekend, while an end to long-standing political uncertainty in India, Indonesia, and Thailand finally seems around the corner

In this bundle

Asia week ahead: Politics over economics

Australia goes to the polls over the weekend, while an end to long-standing political uncertainty in India, Indonesia, and Thailand finally seems around…

Indonesia

Bank Indonesia keeps rates unchanged as expected

Citing mounting global risks, Governor Perry Warjiyo keeps rates unchanged

Malaysia

Malaysia’s economy outperforms in 1Q

With growth firmly sitting within the central bank’s 4.3-4.8% forecast range for 2019 there will be no need for more rate cuts this year. And the…

Philippines

Philippine’s central bank announces phased RRR redux

The central bank will carry out a cumulative 200 bps cut to the RRR, 100 bps at the end of May, 50 by the end of June and another 50 by the end of July