Economic Outlook 2017

1H2017 Review: Korea

South Korea’s long-running political upheaval ensured that 2017 kicked off amid controversy. The very first day of the year saw president Park Geun-hye denouncing her impeachment by the National Assembly. Howev...

1H2017 Review: Japan

For Japanese Prime Minister Shinzo Abe, 2017 has been the year that his political credibility came into doubt. A poll conducted by the Mainichi Shimbun newspaper on June 17 and 18 showed that Abe’s approval rat...

1H2017 Review: Singapore

Singaporean politics was rocked in June by Prime Minister Lee Hsien Loong’s siblings, who accused him of abusing his power. Their main grievance concerned what they considered the prime minister’s efforts to ac...

1H2017 Review: Taiwan

Taiwan’s gross domestic product is headed for its fastest clip since 2014, according to an economic think tank. GDP will probably exceed 2%, according to a forecast released in April by the Taiwan Institute of ...

Economic Outlook 2017: Thailand

Thailand’s economy is poised for modest growth in 2017 as solid domestic spending is expected to offset weaker export growth. Confidence is expected to return as the country puts a long period of mourning its l...

Economic Outlook 2017: Hong Kong

Slow economic growth, rising wages and prices, political instability, lower property values, confrontation between the United States and China over trade or security, and Mainland interference in the rule of la...

Economic Outlook 2017: Taiwan

Taiwan’s economy is expected to continue its recovery in 2017 on the back of a pick-up in exports as the global economy improves. However, the upward trend is expected to remain gradual due to an uncertain inte...

Economic Outlook 2017: Philippines

A weakening currency was not enough to stop the Philippines posting gross domestic product growth of 7.1%, one of the fastest in the world. The peso fell 5%, hitting a seven-year low in September 2016. Howev...

Economic Outlook 2017: Korea

South Korea kicked off the new year under a political cloud with President Park Geung-hye suspended from office after her December 2016 impeachment over alleged corruption and influence peddling. The scandal...

Economic Outlook 2017: Japan

Fueled by fiscal stimulus measures and a depreciating yen following the U.S. presidential election, the Japanese economy is expected to grow moderately in 2017, albeit with downside pressure persisting in publi...