labels: Asian economy
"Asian economies" stronger than expected, weathering the energy crisis, but Thailand and the Philippines still lag behind.
Asia has handled the energy crisis better than expected, thanks to government efforts to assist households and find new energy sources. Meanwhile, AI is boosting exports, but Thailand and the Philippines still lag behind the region in growth.HSBC points out that Asia in 2569 bears many similarities to the period before the 2540 Asian financial crisis, but the risk this time lies in AI.
HSBC's chief economist pointed out that rising US bond yields, a weakening yen, and the AI boom are similar to the period before the 2540 Asian financial crisis, but emphasized that Asia is stronger today than before, with the main risk lying in its dependence on US demand for AI."Asian economies face an energy crisis; the War of Hormuz is driving up costs, severely impacting developing countries."
Tensions in the Strait of Hormuz are driving up energy prices, further burdening developing countries in Asia. Satellite data shows that nearly 60% of countries experience reduced nighttime lighting.Malaysia emerges as a rising Asian economy, boosted by AI and chip technology, driving GDP growth of 5.8% in Q2.
Malaysia has emerged as a rising Asian economy, driven by a continuous influx of investment in AI, semiconductor, and data center industries, boosting its Q2 GDP growth to a higher-than-expected 5.8%.The Asian Development Bank (ADB) has cut its 69 economic growth forecast for Asia to 4.9% due to the Middle East conflict, but remains confident in Thailand and Vietnam.
The Asian Development Bank (ADB) has lowered its 2569 Asia-Pacific economic growth forecast to 4.9% from 5.1% following a longer-than-expected war in the Middle East.ADB warns of slowing Asian economies; war fuels inflation and suppresses growth.
The Asian Development Bank (ADB) forecasts a slowdown in the Asian economy, despite the prospect of oil prices remaining stable in the coming period, warning that inflationary pressures and energy costs remain the main risks.Trump is playing a tough game, risking letting China dominate the $55 trillion Asian economy.
Trump is focusing his attention on the Middle East and the Western Hemisphere, but analysts warn that the US risks diverting its focus from Asia, opening the door for China to gain an economic advantage of $55 trillion.Asia weathers the global storm: Who will survive and who will suffer the most in 2025?
In a year where taxes, wars, disasters, and youth discontent have battered Asia, who had the worst year, and who was able to turn crises into opportunities?Industrial production in Asia continues to contract due to pressure from China's economic slowdown and Trump's tariffs.
"Industrial production" in Japan, Taiwan, the Philippines and Malaysia continued to contract in September 2568 amid weak demand.Trump tariffs pressure Asian manufacturing sectors, with Japan, South Korea, and Taiwan shrinking, while China bucks the trend.
Private surveys show manufacturing sectors in several Asian countries continue to contract due to pressure from Trump's tariffs, while China's PMI rose more than expected but still faces weak domestic demand and trade uncertainty.
