Primary tabs

Southeast Asia is riding a global trade boom

Bloomberg Published on Mon, Dec 18, 2017 / 1:26 PM GMT+8

A-

A+

(Dec 18): Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a spate of elections.

The Philippines and Vietnam will remain the star performers in 2018, with economic growth projected to exceed 6% again, according to the median forecasts of economists surveyed by Bloomberg. Most of the region’s top six economies are set to sustain 2017 momentum, with growth in Indonesia seen mildly firmer at 5.3% next year, while Singapore and Malaysia will probably moderate.