Thailand's economy forecast to grow by 2.7-3.5% in 2022 World

Thailand's economy forecast to grow by 2.7-3.5% in 2022

The Thai economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said.
ADB raises growth forecast for Philippines to 6.5% World

ADB raises growth forecast for Philippines to 6.5%

The Asian Development Bank (ADB) said the Philippine economy is forecast to grow faster than initially expected in 2022, following the relaxation of COVID-19 mobility restrictions, the expansion of the COVID-19 vaccination programme, and a rebound in investment and household consumption.
Optimistic forecast for Vietnam’s economy in 2022 Business

Optimistic forecast for Vietnam’s economy in 2022

Vietnam’s economic growth this year can reach up to 6.9% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced during a recent Hanoi workshop to launch a report on Vietnam’s economy in the first half of 2022.
UOB revises up Vietnam’s 2022 GDP growth forecast to 7% Business

UOB revises up Vietnam’s 2022 GDP growth forecast to 7%

The Singapore-based United Overseas Bank (UOB) has revised up Vietnam’s 2022 GDP growth forecast to 7.0% from 6.5%, assuming no further severe domestic disruptions from COVID-19, and projected growth of around 7.6 – 7.8% in the second half of the year (H2).
OUB maintains Vietnam’s GDP growth forecast at 6.5 percent Business

OUB maintains Vietnam’s GDP growth forecast at 6.5 percent

The Singapore-based United Overseas Bank has maintained its forecast for Vietnam’s GDP growth at 6.5 percent and core inflation rate at 3.7 percent of core inflation rate in 2022, but predicted that inflation may reach 5 percent in 2023 due to multiple risks and challenges.