Supply chain moves, digitalization and net zero shift drive region’s momentum
Shipping containers in Bangkok: Southeast Asia now accounts for 8% of global exports and has surpassed the European Union as China’s largest trading partner. © Reuters
A year and a half into a historic interest-rate upcycle, Southeast Asia’s economic prospects continue to stand out in a world faced with high inflation and soft demand.
HSBC forecasts that the six largest economies in Southeast Asia — Indonesia, Thailand, Malaysia, the Philippines, Singapore and Vietnam — will grow 4.2% this year and 4.8% next year. This pace would far outstrip the 1.1% expansion expected in the developed world in 2023 or next year’s estimated 0.7%.
Continue reading Southeast Asia’s economic outlook is only brightening
Đọt Chuối Non 