“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 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...
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 ...
Source:https://www.reuters.com/markets/asia/thai-q3-gdp-growth-misses-forecast-amid-exports-slowdown-2023-11-20/ As with Thailand, Malaysia has experienced considerable political turbulence in recent years and also has a new government seeking to find its feet. Unlike Thailand, however, growth ...
1 As with many countries around the world, those in Southeast Asia enjoyed strong economic growth in 2022 following the COVID-19 pandemic. However, such growth has begun to slow across almost all economies in the region in the second quarter 2023—affected by global economic condition...
marked by GDP growth and consumer confidence, plays a crucial role in shaping spending patterns. Additionally, supportive fiscal policies, including tax incentives for tech startups and investments in digital infrastructure, enhance market dynamism. Global economic trends, such as shifts in consumer pre...
In the wake of the pandemic, real GDP has bounced back, with a growth rate expected to average 5% this year and next to the pre-COVID-19 five-year average. By 2023, Indonesia's growth rate is likely to be one of the strongest among ASEAN-6 (Indonesia, Mal...
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...
"If you look at macro trends, Greater China and ASEAN together is going to continue to contribute more to the world's GDP growth," Wong told CNBC, referring to the 10-nation Association of South East Asian Nations bloc. "If you look at the trade numbers for the last four years, Chin...