ASEAN economy

RHB's analysts have raised their end-2021 STI target to 3,410 points from their previous 3,280-point forecast

Cross-border payments are a crucial interlocker of global connectivity, says HSBC Singapore's Winnie Yap.

"The out- migration or the ‘doughnut effect’ [has] reallocated real estate demand towards the suburbs and away from the city"

Asean + 3 region will remain a highly attractive location for investments into global value chains (GVCs) once the pandemic ends.

12% of Asean’s business leaders expect to hit pre-Covid profits this year.

Asean economy is poised for a recovery in 2021

Thailand is likely to recover slowest due to its high exposure to tourism and slow stimulus response to the crisis.

“The global tragedy of the Covid-19 pandemic reminds us of our collective destiny and challenges the region to demonstrate its resilience and commitment to come up with solutions that safeguard and strengthen our long-term interests,” says AMRO.

SINGAPORE (June 22): The Institute of Chartered Accountants in England and Wales (ICAEW) has forecasted a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade.

SINGAPORE (Nov 10): While the global economy continues to face an uncertain future with yesterday’s announcement of Donald Trump’s election as the 45th US president, Citi Research is highlighting a silver lining which may appear for ASEAN investors in