Tourism Recovery To Drive Robust Short-Term Growth In Cambodia
Economics Press Release Tourism

Strong Tourism Recovery Expected to Fuel Cambodia’s Robust Short-Term Growth

Cambodia’s real GDP growth is predicted to be 5.8% in 2023 due to a recovery in tourism. Inflation should ease and fiscal policy will support consumption and investment, although export growth may slow. Potential risks include slower growth in Mainland China affecting tourism and investment. Key View We forecast real GDP growth of 5.8% in […]

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Strong Growth Outlook For Indian Transport Infrastructure Industry
Economics Press Release

Indian Transport Infrastructure Industry Poised for Robust Growth

The Indian government has set high goals for expanding transport infrastructure, and we predict that the country’s construction industry in this sector will grow by 6.4% on average. Key View The government has set ambitious targets for the expansion of the transport infrastructure. We forecast that India’s transport infrastructure construction industry will grow by an […]

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India's Economy Set To Slow
Economics Press Release

India’s Economic Growth Expected to Decelerate

India’s real GDP growth reached 7.8% in Q2 2023 but is expected to slow due to factors such as a weak monsoon, tight credit conditions, and sluggish global demand. Overall, economic growth is forecasted to decrease from 7.2% in FY2022 to 6.3% in FY2023. Key View The acceleration in India’s real GDP growth to 7.8% […]

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Russia Seeks To Deepen Gas Ties With Mainland China Through New Pipelines
Press Release

Russia Aims to Strengthen Gas Partnership with Mainland China via New Pipeline Developments

China and Russia are strengthening their gas trade relationship to diversify routes amid Russian gas sanctions. China is expected to benefit as Russia faces difficulties. Key View Mainland China and Russia are deepening gas trade, as they seek to diversify gas trade routes amid sanctions on Russian gas. China stands to benefit as Moscow faces […]

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Grocery Retailers Expanding In Vietnam As Consumers Step Up Food Spending
Press Release

Vietnamese Consumers Boost Food Spending, Prompting Expansion of Grocery Retailers

Vietnamese MGR players are taking advantage of the formalisation of the grocery sector and increased food spending by launching expansion initiatives. Delivery services are also rising in urban centres due to urbanisation, middle-class growth, and high mobile internet adoption. The healthification trend is growing among middle to high-income earners. Key View: As the Vietnamese economy […]

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North Korea Set For A Slow Recovery In 2022
Press Release

North Korea Anticipates a Gradual Economic Revival in 2022

North Korea’s economy is expected to grow by 1.0% in 2022 and 2023, following two years of contraction. The recovery relies on increased trade with China, but the country remains vulnerable due to the lack of a vaccination program and isolation. Key View We at Fitch Solutions expect North Korea to grow by 1.0% in […]

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One Bangkok signs a new office leasing contract with Baker McKenzie, marking the first
Press Release

One Bangkok secures a new office lease agreement with Baker McKenzie

Fraser Property Limited’s CEO has signed an office leasing contract with Baker McKenzie, making them the first in Thailand to sign a “Green Lease” emphasizing sustainability. Baker McKenzie plans to create a green office space with energy and water efficiency, waste reduction, and eco-friendly materials. Fraser Property Limited’s CEO, Mr. Panote Sirivadhanabhakdi, has signed an […]

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