Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

Cyclical Growth Momentum Restored by a Fiscal Spur Amid Receding Clouds

Singapore: Short-Lived Cyclical Rebound Is Fading

Buoyant Economy Allows a Long Fiscal Look-Ahead

REAL-Economics.com

Macroeconomics

<p><strong>Singapore reported 21.3% YoY growth in manufacturing output in December 2016, implying 11.5% YoY growth in 4Q 2016 (the best quarterly growth since 1Q 2011). </strong>This is in line with our non-consensus call (see for instance <a href="https://www.smartkarma.com/insights/why-singapore-is-beating-the-gloomy-consensus" target="_blank" data-smartkarma-citation="insights:6703">Why Singapore Is Beating the Gloomy Consensus</a> and <a href="https://www.smartkarma.com/insights/singapore-robust-4q-2016-but" target="_blank" data-smartkarma-citation="insights:7859">Singapore: Robust 4Q 2016, But...</a>), and implies that real GDP growth for 4Q 2016 will need to be revised up to 3% YoY (from the Advance estimate of 1.8% YoY, which was based on an official estimate of 6.5% YoY growth in…</p>

Singapore reported 21.3% YoY growth in manufacturing output in December 2016, implying 11.5% YoY growth in 4Q 2016 (the best quarterly growth since 1Q 2011). This is in line with our non-consensus call (see for instance Why Singapore Is Beating the Gloomy Consensus and Singapore: Robust 4Q 2016, But...), and implies that real GDP growth for 4Q 2016 will need to be revised up to 3% YoY (from the Advance estimate of 1.8% YoY, which was based on an official estimate of 6.5% YoY growth in…

Singapore: Robust 4Q 2016 in the Bag