Infrastructure development has become one of the great battlegrounds of our time.
The world’s three largest economies – the US, China and Japan – are actively manoeuvring for economic and geopolitical influence through an infrastructure funding and investment race across emerging markets globally, with Asia Pacific taking centre stage.
But how should governments and developers that sit within targeted countries handle this newfound attention? How can they turn it to the advantage of their people?
This infrastructure race will clearly have a major impact on the future of global trade and supply chains, manufacturing and services, but also in the development of strategic, long-term alliances.
It has been kicked into a higher gear with China’s trillion-dollar Belt and Road Initiative (BRI), which has woken the world afresh to the strategic implications of infrastructure and energy development.
It is also clear China has turned its investment sights closer to home. Recently released data from Baker McKenzie and Rhodium Group show that combined Chinese FDI into North America and Europe fell 73% in 2018, from $111 billion in 2017 to a six-year low of $30 billion last year, due to a combination of new controls at home and greater investment screening in target nations. This means the Asia Pacific region will be more of a focus for China than ever.
Governments most exposed to coronavirus have strong fiscal and external buffers
Moody’s baseline assumption is that the economic effects of the outbreak will continue for a number of weeks, after which they will tail off and normal economic activity will resume.
As measures to contain the coronavirus and fear of contagion hit consumption and production, downside risks to our GDP growth forecast for China (A1 stable) have increased., says Moody’s Research Announcement.(more…)
Bank cuts Thai 2020 GDP growth outlook to 2.7%
SCB’s Economic Intelligence Center (EIC) has released its latest growth forecast, at 2.7 percent, showing a slow recovery from just 2.5 percent economic growth in 2019
SCB’s Economic Intelligence Center (EIC) has released its latest forecast, indicating that the Thai economy at the end of 2020 will have grown by 2.7 percent, showing a s recovery from just 2.5 percent economic growth in 2019, thanks to a better performing export sector and improved global economy.(more…)
BOI steps up investment promotion measures in the EEC
The measures will be in effect from January 2, 2020, to December 2021. Applicants can sign up for the new privileges, with no deadline set for registration.
What is Forex Trading and how it works?
Why do the investors choose Forex trading? Forex trading is traded by currency pairs. This is because all currency trading...
APRIL International Care opens up TeleHEALTH service to address Coronavirus worries
The TeleHEALTH service means policyholders do not have to leave their home or workplace to “see” a doctor, with a...
Thailand rolls out New Investment Measures to Boost Economy
The new definition of qualified applicants now includes businesses that have not previously received BOI promotion privileges as long as...
Subscribe via Email
- Banking2 days ago
Thailand’s Banking Outlook changed to negative (Moody’s)
- Economics5 days ago
Thai Cabinet approves Measures to Ease Economic Impact of COVID-19
- Economics5 days ago
EAP Countries Brace for Economic Shock of COVID-19
- Asean5 days ago
Assessing the economic impacts of COVID-19 on ASEAN countries