Blog

Manu writes regularly for The Edge Singapore where these blogs first appeared.

  • Mr. Manu Bhaskran
    The Philippine economy has defied the naysayers, continuing to grow at a rapid pace that has placed it as Southeast Asia's fastest growing nation. Encouragingly, the Duterte Administration’s respected economic policy team has built on past reforms to introduce new initiatives to strengthen the base for future growth. However, while President Duterte remains popular and retains the political init
  • Mr. Manu Bhaskran
    Love it or hate it, Asia is inextricably tied into the US and however much China has grown in importance, it is still the US which will be the principal driver of Asia’s fortunes in the next few years. The good news is that the American economy appears poised for a strong pickup, one which will give a nice boost to the Asian economies. But beyond that cyclical bounce, several things could go wro
  • Mr. Manu Bhaskran
    Singapore has received some much-needed good economic news of late, with economic growth and exports surprising to the upside. However, the external environment could grow more challenging if protectionism and populism do take root in key markets. Two major policy initiatives by the government have been released recently - the report of the Committee for the Future Economy (CFE) and the budget sta
  • Mr. Manu Bhaskran
    Indonesia has been and remains a good story among large emerging economies. However, the news flow has fallen a tad short of expectations of late. Indonesia's economy grew by about 5% in 2016, rising from 4.8% in 2015 but below the 6%-type rates experienced in 2010-2012 which had raised hopes that Indonesia could enjoy an acceleration in economic growth to above 7%. In addition, foreign investors
  • Mr. Manu Bhaskran
    President Donald Trump came to power vowing to shake things up. It is clear from his inaugural address, the composition of his cabinet and his comments in press interviews that he meant what he said. There will be seismic changes in American policies on trade, security alliances, energy and climate policies - and many of these will cause ructions in Asia. Trade will be a major risk for Asia
  • Mr. Manu Bhaskran
    Two elements have been missing in the recovery of the US economy from the 2008 crisis - strong wage growth and renewed capital spending by businesses. Of these two, there are encouraging signs that wage growth is finally gaining some traction: the job market is clearly tightening and wages are firming in response. However, there are still only tentative - and not entirely convincing - indications