Economist, Centennial Asia Advisors

Nicholas Chia

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipating key turning points that affect the client’s interests in the Asia-Pacific region. Clients include public agencies and central banks, as well as fund managers and investment banks. The company draws strength from its flexibility to tailor products to fit client’s specific interests. It provides detailed macro-economic forecasts, scenario analysis and timely assessments of how specific major economic and political developments may affect a client’s areas of interest. At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way.

Economist

Commodity Windfall Allows Bank Indonesia To Tighten Policy On Its Own Terms

Indonesia: Policy Twists and Turns Will Hurt Investment Climate

The Week That Was in ASEAN@Smartkarma - Indonesia & CPO, ROTI, and Siam Cement

Indonesia: Questioning the Bull Scenario in 2022

Indonesia: Goldilocks Economy and Currency; BI To Stand Pat As Animal Spirits Return

Indonesia: Tax Reforms Far From Perfect But Is Still A Step In The Right Direction

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<ul>
<li>For 2021, the fiscal deficit is projected at 4.65% of GDP, or a full percentage point lower than the budgeted 5.7% of GDP, thanks to heftier commodity royalties.</li>
<li>An upside surprise to growth and inflation, and looming tax adjustments from April 2022 will guide the fiscal deficit down with revenues on a bounce.</li>
<li>Risks are twofold. First, parliament could backtrack on fiscal commitments. Second, there is a salient risk of an disorderly evolution of financial conditions because of BI's debt purchases.</li>
</ul>


For 2021, the fiscal deficit is projected at 4.65% of GDP, or a full percentage point lower than the budgeted 5.7% of GDP, thanks to heftier commodity royalties.
An upside surprise to growth and inflation, and looming tax adjustments from April 2022 will guide the fiscal deficit down with revenues on a bounce.
Risks are twofold. First, parliament could backtrack on fiscal commitments. Second, there is a salient risk of an disorderly evolution of financial conditions because of BI's debt purchases.


Indonesia: Fiscal Dynamics On A Solid Footing