Economy
SCB EIC expects CLMV economies to accelerate in 2024, albeit slower than pre-pandemic due to prevailing challenges
CLMV economic growth is projected to accelerate in 2024, driven by recovery in exports and tourism, bolstering domestic demand. Multinational...
Strong Indian GDP Data Belies Economic Slowdown
Key ViewThe economy grew by 8.4% y-o-y in Q4 2023 according to expenditure data but production data show a 6.5%...
Technological Advances To Unlock New Opportunities In East Asia’s Wind Market, Though Bottlenecks Remain
Key ViewDevelopment in the global wind power sector has accelerated in the past decade, with technology and efficiency advancements supporting...
SCB EIC cuts the Thai 2024 GDP growth forecast to 2.7% an a anticipates the MPC to lower rates within H1 following the l…
SCB EIC revises Thai economic growth forecast for 2024 to 2.7% due to manufacturing sector challenges. Structural issues hinder recovery...
Indonesia: Current Account Deficit Will Widen
Key ViewIndonesia’s current account will likely remain in a deficit in 024. We forecast the shortfall to widen from 0.1%...
India Consumer Outlook: Lowest Unemployment Figures In Two Years Support Spending Growth
Key View: We hold a positive outlook for consumer spending in India over 2024, as the wider Indian economy recovers and...
Outlook Quarter 1/2024
SCB EIC forecasts global economy to grow by 2.6% in 2024 with positive momentum in Q4 2023. Central banks worldwide...
Quick View: USD54mn Investment In Myntra By FlipKart Heats Up E-Commerce In India
The Latest: On March 5 2024, the India-based e-commerce giant Flipkart announced a USD54mn investment into Myntra, an India-based fashion...
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