Asia Economy

Growth in the Philippines is expected to continue at a steady clip over the next two years, spurred by proactive government and central bank measures to improve governance and boost macroeconomic performance. There is concern, however, that slowdowns in Europe, the US and China could dampen full-year growth figures.

Having recorded higher-than-expected growth in the second quarter of 2012, India should see a welcome fillip for an economy struggling to replicate the stellar performance of recent years.

OBG talks to Celina Chew, the managing director of Bayer Thai, about opportunities in agriculture, research and development, and pharmaceuticals.

A shift in the economic growth model is nowhere more apparent than in the fast emerging economies of South-east Asia. Once heavily dependent on exports to advanced markets, the countries of the ASEAN region are focusing on regional trade and investment opportunities.

The Indonesian economy is maintaining momentum in 2012, despite difficulties across the globe. A large domestic market and growing foreign direct investment (FDI) are ensuring that expansion remains steady. Policymakers and government officials are aware of the downside risks that exist, however, particularly regarding the uncertain global economic climate and the need to tackle the issues that hold back Indonesia’s long-term prospects.

Concerns that a new foreign investment law would severely impact Mongolia’s natural resource sector and economy as a whole are beginning to ease, as industry players now see that reformed legislation is necessary for the country’s economic evolution.