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Nomura forecasts 6.8% GDP growth for Philippines

MANILA, Philippines — Japanese investment bank Nomura has raised its 2022 gross domestic product (GDP) growth forecast for the Philippines to 6.8 percent from the previous target of 6.5 percent as COVID cases start to ease. In a report, Euben Paracuelles, chief ASEAN economist at Nomura, said the upward revision reflected the faster-than-expected expansion in […]

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Thailand: Oil’s threat to recovery

Entrepreneurs feel they cannot continue to maintain stable prices of goods much longer as soaring energy costs are making waves across the board, dealing a blow to both emerging businesses such as delivery services as well as laggards like tourism. The government is struggling to find funding to help businesses and households because of the […]

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Some forecasts of Vietnam’s economy in 2022

Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the U.S. Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open. Dr. Vu Dinh Anh, an economist, forecast Vietnam’s economy will soon recover and regain her pre-pandemic growth rate due […]

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