Asia Economy

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Despite an uncertain international climate, Malaysia is set to put in another strong economic performance this year. While growth is not expected to hit the heights achieved in recent years, a rate of 4-5% will serve to keep Malaysia on the right track.

Chapter | Economy from The Report: The Philippines 2012

Economic growth in the Philippines slowed from 7.6% in 2010 to 3.7% in 2011, and public-private partnerships (PPPs) that would have boosted public spending were delayed. The Aquino administration says that the wait is due to strict anti-corruption measures, and promises that 2012 will see these projects move forward. In the meantime, in late 2011 Aquino unveiled a spending package worth $1.6bn to...
Sabah’s economy is off to a strong start this year, owing to investments worth several billion ringgit secured in the first quarter of 2012, as well as an economic plan focused on creating wealth and empowering the business community.
Thailand’s economy appears to be regaining momentum following last year’s devastating floods that adversely affected exports and GDP. Consumer demand is on the rise and the state-backed rebuilding programme is channelling funds into infrastructure. There are still concerns, however, over the sustainability of the recovery if some of the country’s major markets fall back into recession.
A combination of strong consumer demand, increased state investment and sound monetary policy have combined to put the Philippines’ economy on course for a strong performance this year, leading analysts and financial institutions to revise their growth forecasts upwards to near 5%.

Chapter | BUY ME FOR 1 from The Report: Philippines 2014

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