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Elections to fuel economic growth of Philippines in ’19

Bloomberg Philippine economic growth which weakened to a three-year low in 2018 will rebound this year, boosted by spending for the May mid-term elections and helped by moderating prices, the nation’s chief economist said. “With the declining inflation, domestic demand will strengthen,” Economic Planning Secretary Ernesto Pernia said in an interview in his office. Hitting the low-end of the 7 ...

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Thai property to stay hot in chillier times

Bloomberg Thailand’s booming property market is at risk of cooling this year as rampant construction threatens an oversupply of apartments amid increasing global economic headwinds. The country has been a relative bright spot in an otherwise lackluster Southeast Asian real estate market. Thai residential property has experienced substantial growth in recent years, much of it fueled by buyers from China, ...

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Emerging Asia market rebound in sight with China, trade caveats

Bloomberg This year is looking a little brighter for Asia’s emerging-market assets amid prospects of a less aggressive Federal Reserve. But US-China trade war saga and its impact on growth will keep traders on their toes. That’s according to 14 strategists, traders and investors surveyed by Bloomberg. Malaysia’s ringgit was their favourite of eight regional currencies as the nation’s central ...

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