With the SAR failing to meet its GDP goal for 2023 amid a placid IPO and property market, FinanceAsia looks at the challenges and opportunities for the city.
China’s economy will not crash but property and local government debt challenges are undermining a country whose GDP is still growing at around 5% a year.
Five experts from CICC discuss the prominent driving forces of China’s capital markets, sharing their insights on the nation's new priorities of achieving more balanced and sustainable growth.
Investors are on a rollercoaster ride as the spread of the COVID-19 widens globally. Looking to the future, the Philippines government is seeking to support and stimulate the nation’s economy.
Domestic demand will be the key economic driver for growth in the Philippines 2020, on the back of increased government spending, relatively benign inflation and supportive monetary policies. However, the full effects of the coronavirus outbreak are yet to be calculated.
The Philippines is on track to meet its key 2019 targets. With one of the highest GDP’s in Asia, inflation falling to a new low, and international reserves on the rise, this should be enough to attract investors.
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