Desmond Supple

The future is uncertain for the holders of Indonesian debt as the risk of a further tightening of capital controls looms.

Indonesia''s continued spat with the IMF and doubts about its economic policy formation are jeopardizing its access to foreign capital.

The Monetary Authority of Singapore has significantly rolled-back restrictions governing the internationalization of the SGD.

Shifting issuance dynamics in Singapore likely to spur market development and maturity.

S&P''s recent downgrade of the Philippines poses some questions about the rating process and the country''s debt management programme.

The BOT''s outline for inflation targeting appears, on the whole, to be sensible. However, the new monetary policy framework does not alter the view that USD/THB will trade higher to 43.0 by year-end.

Doom-sayers are predicting a return to the bad old days in Korea - but, says Desmond Supple of Barclays Capital, the upswing is not over yet.