Qatar National Bank Foresees ASEAN-6 Growth
Qatar National Bank expects the economies of the ASEAN-6 bloc, which includes Indonesia, Thailand, Singapore, Malaysia, Vietnam, and the Philippines, to remain on a growth trajectory in 2026 despite global challenges. This outlook is supported by a young population, increased consumption, and deeper regional cooperation. These economies experienced strong growth in 2025, with Vietnam growing at 8%, Indonesia at 5.1%, and Malaysia at 5.2%. Inflation remained below the long-term average, and positive shifts were observed in investment flows. However, growth is forecasted to slow to 4.2% in 2026 due to rising energy costs, fluctuations in US trade policies, and a slowdown in Chinese demand, with different countries exhibiting varied resilience in their economies.
Notice: This Is an AI-Generated Summary
Comments (0)