ASEAN Outpacing China’s Economy Growth With FDIs
Recently, for the first time in a decade, Southeast Asia has attracted more Foreign Direct Investment or FDI than China as investors shift faster toward building “China + 1” supply chains amid manufacturing costs and rising tariffs. Based on the report of Southeast Asia Outlook, 2024-2034 shared a robust economic
Philippines Continue as ASEAN’s Fastest Growing Economy
Asian Development Bank affirms the country’s GDP growth to be at 6%, which will outgrow by 6.2% next year. According to the latest outlook of the Asian Development Bank (ADB), the Marcos administration will hit the target growth this year amid inflation and expectations for interest cuts. Based on the