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Atradius Country Report - Southeast Asia

By CreditMan Tuesday, February 17, 2015

Summary of Country Report
Southeast Asia- February 2015

Growth in the ASEAN region set to increase in 2015

  • Indonesia: cut of fuel subsidies will have a positive impact on the economic performance
  • Malaysia: Lower growth in 2015 (up 4.8%), but strong economic fundamentals remain
  • The Philippines: High growth rates (up 6.2% in 2015) due to robust private consumption and exports
  • Singapore: GDP growth expected to increase to 3.4% in 2015
  • Thailand: GDP growth in 2015 (up 2.9%) still below the country´s growth potential
  • Vietnam: Stable growth (up 5.9% in 2015) and inflation back under control

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