Good MornING Asia - 19 June 2018

A key question for the markets this week is whether the central banks of Thailand and the Philippines will tweak monetary policies to support their currencies

In this bundle

Malaysia

Malaysia: Food, transport to boost inflation in May

Inflation will stay low throughout 2018 due to a cut in the Goods and Services tax (GST). This, along with strong growth and a resilient currency, rules…

Thailand

Thailand: Expect no monetary policy support for baht

The lack of interest rate policy support and deteriorating external trade balance suggest that the Thai baht will remain under weakening pressure. We…

Philippines

Philippines: Worker remittances bounce back

Overseas Filipino Worker cash remittances jumped by 12.7% in April but the amount is still short of $1.3 billion to cover the April trade deficit. This is…