Singapore’s LNG imports will increase with the construction of a second terminal. Demand is expected to grow in 2024 as the government aims to reduce emissions. LNG bunker sales will also rise. Key View Singapore’s LNG imports are set to rise as the country prepares to build a second import terminal. LNG demand is set […]
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 […]
Cambodia’s rice production surplus is projected to reach 2.84mn tonnes in the 2024/25 season, with an output of 7.40mn tonnes and consumption rising to 4.56mn tonnes. Key View In line with USDA projections, we forecast that Cambodia’s domestic rice production surplus will climb to a record 2.84mn tonnes in the MY2024/25 (Jan-Dec) season. Output is […]
Ongoing drugmaker investments will boost Singapore’s position as a key pharmaceutical hub. AstraZeneca’s USD1.5bn manufacturing facility for cancer treatments highlights Singapore’s strong biopharmaceutical capabilities supported by government initiatives. Key View: Ongoing drugmaker investment will boost Singapore’s status as a key pharmaceutical hub. The government of Singapore will continue to take a proactive role in developing […]
We are pessimistic about the Kuala Lumpur-Singapore High Speed Rail due to lack of public funding. Strong investor interest and demand support the project, but we do not include it in our Malaysia rail infrastructure forecast. Key View We hold a negative view on the realisation of the proposed Kuala Lumpur-Singapore High Speed Rail line, […]
Policymakers in APAC will introduce measures to promote generic drug uptake, driving cost savings. Efforts to enhance access to generic drugs will take time, with a competitive market in the region. Key View Policymakers will continue to introduce supportive measures to promote generic drug uptake in the APAC region to drive cost savings. Governments across […]
Singapore’s Ministry of Communications and Information is developing a Digital Infrastructure Act to enhance security and resilience of the country’s digital infrastructure, addressing a broader range of risks. Key View Singapore’s Ministry of Communications and Information unveiled that an expert committee is developing a Digital Infrastructure Act to fortify the resilience and security of Singapore’s […]
South Korea’s trade deficit with China in 2023, the first in 30 years, reflects a shift in their trade relationship. China is less reliant on South Korean exports. Key View South Korea’s 2023 trade deficit with Mainland China, the first in 30 years, marks a historic shift in its trade relationship with its largest trading […]