Economy
Indonesia EV Profile: Extension Of Local Content Exemption For VAT Reductions Bodes Well For EV Adoption
Key View: We forecast total EV sales to rise by 69.1% in 2023 to reach around 17,500 units. Battery electric vehicles...
India’s Economy Set To Slow
Key ViewThe acceleration in India’s real GDP growth to 7.8% y-o-y in Q2 2023 will be the peak for growth...
Strong Growth Outlook For Indian Transport Infrastructure Industry
Key ViewThe government has set ambitious targets for the expansion of the transport infrastructure.We forecast that India’s transport infrastructure construction...
CBAM: Preparing Thailand’s Businesses for Net Zero
Abstract The EU Emissions Trading System (EU ETS) is a tool used by the European Union to reduce greenhouse gas...
Tourism Recovery To Drive Robust Short-Term Growth In Cambodia
Key ViewWe forecast real GDP growth of 5.8% in Cambodia in 2023, up from 5.2% in 2022, driven primarily by...
Japan Consumer Outlook: Household Spending Remains Stable Despite Decades-High Inflation
Key View: Household spending growth will slow over 2023, as macroeconomic headwinds weigh on households. High frequency data show a continued...
Outlook Quarter 3/2023
Abstract The SCB EIC has revised down Thailand's economic growth outlook for 2023 to 3.1% due to lower-than-expected Q2 performance...
Indonesia Seeking To Slow Down Fuel Demand Growth And Cut Imports
Key ViewIndonesia’s long-term fuel demand growth is expected to slow as the government seeks to diversify away from fossil fuels.Demand...
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