Telok Ayer Macroeconomics
Awang UsmanProviding Thought Provoking and Unbiased Views on Singapore and Asia Macro
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 24 | Subscribers | Read | telokayermacro.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Indonesia’s Credit Growth Choked by Risk Aversion, Not Liquidity
Bank Indonesia (BI) have been in the headlines for all the wrong reasons. Fears of fiscal dominance, loss of independence, and a governor who is so dovish that he could make Stephen Miran blush. BI had lowered rates by 125bps this cycle and...
BNM in Control, But Downside Risks to MYR Persists
MYR is trading within a tight 4.20-4.30 range since mid-May 2025. This level has been supported by a combination of Bank Negara Malaysia (BNM) action, trade headwinds and investment flows. USDMYR has remained disciplined within this range, ...
Can Bank of Thailand Continue to Cut?
With the new governor, Vitai Ratanakorn, set to take the top job on 1 Oct 25, current Governor Sethaput Suthiwartnarueput has chaired his final monetary policy meeting. Yesterday, the Bank of Thailand (BOT) cut rates by 25bp to 1.5% as it f...
Singapore Economy Summarised: Darker Days Ahead
I've been chatting with a few friends who work in economic research, and we all feel the same way: understanding the economy is important for everyone. It helps guide your career decisions, how much you save, and where to go for holidays, e...
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