“As a result of strong domestic growth and the China +1 strategy, we are increasingly optimistic that Southeast Asia will outpace China's growth in both GDP and FDI in the next decade. However, multinational investments will be highly contested, with the competition between countries impro...
A Singapore-based think tank has projected an average growth rate of 5.1% over the next decade for six key economies. Southeast Asia is likely to outpace China’s economic growth and inflow of foreign direct investments over the next ten years, a new study led by a Singapore-based think ta...
Southeast Asia economies continued to deliver credible economic performance,although growth momentum was mixed across the region. Vietnam’s GDP growth of 7.4 percent in the third quarter was its third-highest attained in the past five years, while Singapore saw its strongest quarterly GDP growth si...
Finally, Southeast Asia’s largest economy, and the world’s fourth-most populous country Indonesia, rounds out the top five with a GDP per capita of $5,270. Enjoying the data visualization above? Subscribe Related Topics:gdp per capitasoutheast asiaphilippinessingaporeindonesiabruneivietnamthailand...
“Singapore will continue to play a key role in the growth of Southeast Asia’s digital economy, leveraging its status as a business hub. With the digital economy projected to take the front seat in Singapore’s growth, more can be done to support the adoption of digitalisation in businesses...
The GDP growth rate in Southeast Asia is projected to remain strong, providing a favorable business environment for data center investors. The data center market in the region is attracting investors, including infrastructure investors, cloud vendors, banks, telcos, and private equity buyers, who ...
GDP: Singapore’s economic growth has moderated at 0.5 percent y-o-y in the second quarter 2023 compared to 0.4 percent y-o-y growth in the first quarter. Consumption growth slowed from 9.6 percent in the fourth quarter 2022 to 5.9 percent in the first quarter 2023, while fixed...
Covering an area of 1.6 million square miles, it has a population of 600 million people. In 2022, total Gross Domestic Product (GDP) was US$ 900 billion. It has many ethnic groups who contribute to Southeast Asia's rich culture, language, religion, and cuisine.ASEAN Iron & Steel Journal...
Over the last three years, Southeast Asia was one of the few regions globally where the GDP growth didn't slow down from 2020 to 2022. According to statistics from S&P Global Market Intelligence, the World Bank, and Bain analysis (data as of August 2022), the GDP growth rate of Southeast...
countries should shift to tough environmental regulations and a low carbon growth path, which yield vast advantages. For Southeast Asia, this would mean a massive commitment to green investment and a shift of national development targets from narrow GDP growth rates to measures that...