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Growth prospects for export-oriented economies in Southeast Asia, such as Singapore, Malaysia and Thailand, will be weaker in 2016 and 2017. But some other countries are expected to do better, according to a new forecast. In its assessment of ASEAN economies over the next couple of years, credit ratings agency moody’s forecast growth in Singapore, Thailand and Malaysia will be weaker than in countries where growth is driven more by domestic demand. The Philippines is […]
MOODY’s investors’ service says that the growth outlook of ASEAN economies is likely to diverge in 2016 and 2017, against the backdrop of subdued global demand.
Ambassador Raul Hernandez and other ASEAN officials attended the event. The forum was held at the ASEAN Federation of Korean Industries (FDI) in South Korea’s capital city. In a press kit provided to ASEAN journalists, manila ranked eighth – ahead only of Vietnam and Myanmar – compared with other ASEAN member states in terms of overall quality of infrastructure. Singapore topped the list, followed by Malaysia, Brunei, Thailand, Laos, Indonesia and Cambodia. The source of […]
