Economist, Centennial Asia Advisors

Jason Tan

Economist

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

<p><strong>Three negatives for Japan’s recovery</strong></p><ul>
<li>First, the Yen’s sharp rebound is likely to hurt competitiveness.</li>
<li>Second, exports remain under pressure - falling 4% y/y in Feb 16. While this was better than the 12.9% contraction in January, the data was flattered by distortions caused by the timing of the Lunar New Year.</li>
<li>Third, the initial soundings for wage increases this spring do not look promising, with the large companies sharply reducing the quantum of wage rises compared to last year - a discouraging…</li>
</ul>

Three negatives for Japan’s recovery
First, the Yen’s sharp rebound is likely to hurt competitiveness.
Second, exports remain under pressure - falling 4% y/y in Feb 16. While this was better than the 12.9% contraction in January, the data was flattered by distortions caused by the timing of the Lunar New Year.
Third, the initial soundings for wage increases this spring do not look promising, with the large companies sharply reducing the quantum of wage rises compared to last year - a discouraging…


Listed Index Fund JPX-Nikkei Index 400 (1592 JP)

Japan: Economy Languishing, Monetary Policy Questioned