AMRO maintains 2024-25 growth forecasts at 4.4% and 4.3%, driven by exports, domestic demand, tourism recovery. U.S. risks and geopolitical tensions are potential challenges, emphasizing need for policy measures. Key Takeaways The ASEAN+3 region’s growth forecast for 2024-25 remains at 4.4 percent and 4.3 percent, supported by favorable export prospects, robust domestic demand, and a […]
Thailand’s medical device market is projected to grow by a 6.9% CAGR in local currency terms, driven by strong import growth and government initiatives to promote medical tourism and digital health technologies. Key View We have revised up our forecast compound annual growth rate (CAGR) for Thailand’s medical device market in local currency terms. Thailand’s […]
Expect Prime Minister Narendra Modi and BJP to win third term. Positive for healthcare sector, focus on bulk drug manufacturing and improving quality of medicines. Opposition weakened, Modi’s re-election likely. Key View We expect India’s ruling Bharatiya Janata Party and, by extension, Prime Minister Narendra Modi, to secure a third consecutive five-year term in government […]
Zhangjiagang is a thriving city in Jiangsu province, known for its strong economy and transportation network. It serves as a key port and industrial hub, with significant growth in secondary and tertiary sectors. Zhangjiagang: A Booming Economy Zhangjiagang, a vibrant county-level city in Jiangsu province, is a significant port and industrial hub with a strong […]
Thailand’s health expenditure is expected to grow driven by digital health technologies, medical tourism, and an aging population. Public and private sectors will see growth, with public insurance covering the majority of the population. Healthcare personnel shortages may pose a challenge. Key View Thailand’s public and private health expenditure will grow over our five-year forecast […]
China will allow visa-free entry for foreign tourist groups arriving by cruise ship at 13 ports starting May 15, 2024. Visitors must stay with the same ship and in permitted areas for up to 15 days to boost tourism and enhance cruise industry growth. China Implements Visa-Free Entry for Foreign Tourist Groups on Cruise Ships […]
China will allow visa-free entry for foreign tourist groups arriving by cruise ship at 13 ports starting May 15, 2024. Visitors must stay with the same ship and in permitted areas for up to 15 days, aiming to boost tourism and facilitate cruise industry growth. China’s Visa-Free Entry for Tourist Groups by Cruise Ships China […]
China requires companies to comply with the CCER framework for carbon trading, impacting operations and strategic objectives. The program focuses on afforestation, solar, wind power, and mangrove creation, offering opportunities for innovation and revenue streams. The Ministry of Ecology and Environment oversees the program. Understanding the CCER Program in China Companies in China face the […]