Empyrion Digital is expanding operations in Bangkok, Thailand to become a digital hub. Thailand’s data center market is growing rapidly due to increasing internet usage and the push for a digital economy. Thailand is strategically located in Southeast Asia, attracting data center investments and spillover demand from neighboring markets. The country’s government and private sectors […]
Trump’s victory may impact Vietnam’s export-driven growth due to potential tariff hikes. Vietnam aims to balance ties with the US and China to protect its growth model. Key View Trump’s victory will cast a shadow on Vietnam’s export-driven growth path, particularly if tariffs are hiked. In response, we think Vietnam will try and maintain the […]
Thailand’s natural gas consumption will be driven by the power sector in the long term. Despite efforts to diversify energy sources, the country’s demand for natural gas remains high due to economic growth. Investments in renewable energy are increasing to reduce dependency on natural gas and combat climate change, but there are challenges in transitioning […]
Revised forecast predicts 2024 current account surplus due to strong tourism and remittance growth in Sri Lanka. 2025 deficit expected with increased consumption and imports, with oil price rise as major risk. Key View We have revised our current account forecast to a surplus of 1.9% of GDP for 2024, from a deficit of 1.8% […]
Singapore’s medical device market is poised for growth due to a stable economy, rising healthcare spending, and an aging population. Risks come from a trade-dependent economy and the Cybersecurity Labelling Scheme. Key View Singapore’s medical device market will grow steadily over the medium term, supported by a stable economic backdrop, rising healthcare expenditure and an […]
GDP growth slowed to 4.6% in Q3 2024 from 4.7% in Q2; forecast revised to 4.8% for 2024 and 4.5% for 2025. Beijing’s monetary easing supports steady economy. Key View GDP growth slowed to 4.6% y-o-y in Q3 2024 from 4.7% in Q2 as the manufacturing sector struggled. We have revised our 2024 forecast upward […]
Japan’s new Prime Minister Shigeru Ishiba and the LDP face downside risks ahead of the country’s general election on October 27. Voter discontent and opposition challenges could weaken the government’s power and impact regional security. Key View Japan’s new Prime Minister Shigeru Ishiba and his Liberal Democratic Party (LDP) face downside risks ahead of the […]
Edgnex Data Centre and Proen Corp have formed a JV to invest $962mn in Thailand’s digital infrastructure, aiming to compete with regional peers. The partnership will strengthen Proen’s market position and expand its offerings, focusing on sustainability and innovation to boost Thailand’s tech industry. Key View Edgnex Data Centre, under DAMAC Group (DAMAC), has announced […]