FW: RHB | ASEAN | Growth Momentum Continues For 2H17

 

 

 

 

 

Economic Research			2 October 2017
ASEAN
Economic Outlook
Broadening External Demand To Propel Growth In 2018   After undergoing an export-led recovery in 2017, the ASEAN-5 economies are poised to continue their strong growth performance in 2018. This is as the global economic engine propels forward and its impact on domestic demand becomes more broad-based. Indeed, we expect domestic support in the form of increased private consumption and investments to hold up GDP growth for the ASEAN-5 economies. Overall, we expect the ASEAN-5 to chart a stronger economic growth of 4.8% in 2018 (2017F: +4.6%), led by Singapore, Malaysia and Thailand. Growth in Indonesia is expected to improve, while the Philippines is likely to hold up in 2018.   Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
To access our recent reports please click on the links below: 30 June 2017 : Growth Momentum Continues For 2H17 31 March 2017: Improving External Demand Lifting Prospects 20 December 2016: Resilient Economic Growth With Stable Domestic Demand 29 September 2016: Another Year Of Subdued Economic Growth In 2017 30 June 2016: Slower Economic Growth In 2H 2016 Amid Rising Global Uncertainties
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam	vincent.loo@rhbgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

 

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