by Teuvo Tuomi | Dec 29, 2023 | Economy, Malaysia, News
The rebound in demand for tech products could help Malaysia’s trade grow in 2024. However, risks of an economic slowdown in the United States and China could result in uneven demand, according to economists. The Statistics Department yesterday revealed Malaysia’s...
by Teuvo Tuomi | Dec 21, 2023 | Malaysia, Economy, News
Malaysia’s economy is expected to improve, with gross domestic product (GDP) growing by 4.5-5.5% in 2024 from an estimated 4% this year, according to RAM Rating Services Bhd (RAM Ratings). The economy is expected to benefit from a potential turnaround in external...
by Teuvo Tuomi | Dec 15, 2023 | Economy, News, Philippines
The Philippines is expected to be the growth leader in Southeast Asia, the Asian Development Bank’s (ADB) update Asian Development Outlook predicts. The country’s growth forecast for 2023 is kept at 5.7%. This makes the Philippines the top performer as the...
by Teuvo Tuomi | Jul 26, 2023 | Economy, Indonesia, News
Indonesia’s Investment Coordinating Board (BKPM) says that for the first half of the year, the country is nearly halfway to its 2023 investment target. BKPM head Bahlil Lahadalia reports the 678.7 trillion rupiah (45.1 billion USD) in investment realized in the...
by Teuvo Tuomi | Jul 7, 2023 | Economy, Indonesia, News
Indonesia has returned to the rank of an upper-middle-income country, marking the bounce back of its economy following the pandemic. The country’s gross national income (GNI) per capita, which measures the sum of money a nation earns divided by its population, reached...
