Economics
Singapore’s Economic Outlook Over the Next Five Years
Singapore transformed from poverty to prosperity through strategic economic development. Key growth sectors include manufacturing, services, investment, ICT, and e-commerce.
Floods Result in Economic Damage Ranging from 30 to 50 Billion Baht
The Federation of Thai Industries (FTI) reported that recent floods in Northern and Northeastern Thailand resulted in economic damages estimated...
The Growing Influence of Geoeconomic Fragmentation on ASEAN
Geoeconomic fragmentation affects ASEAN+3 and the euro area, altering trade patterns and financial vulnerabilities. ASEAN benefits, while Europe faces increased...
Sri Lanka 2024: strong post-pandemic tourism growth
On October 8, 2024, Sri Lanka reported 164,609 tourist arrivals in August 2024, a 20.7% increase compared to 136,405 arrivals...
Summer bookings to Thailand are projected to surge by 95%
Affluent travelers increasingly explore traditional and emerging destinations. While iconic cities like Rome and Paris remain favorites, countries like Thailand,...
Thai Exports Strengthen, Driven by Electronics Product Cycle Recovery
In August 2024, Thailand's exports increased by 7% year-over-year, reaching USD 26.18 billion, fueled by robust demand for electronics, rice,...
ASEAN+3 Regional Economic Outlook (AREO) projects growth at 4.2% in 2024 and 4.4% in 2025
The October 2024 AREO update projects ASEAN+3 growth at 4.2% in 2024 and 4.4% in 2025, driven by external trade,...
Indonesia consumer outlook: strengthened spending growth ahead as inflation eases
Consumer confidence and retail sales growth in Indonesia are improving, signaling increased consumer spending potential in 2024 and 2025, driven...
