#SoutheastAsia's six leading economies are expected to face diverging fiscal paths in 2021, with Vietnam, Indonesia and Malaysia gaining from pre-pandemic levels while Singapore, the Philippines and Thailand struggle to return to health.
Vietnam, Indonesia and Malaysia all scored above the 100 mark for 2021, meaning their economies are seen expanding next year compared with the level before the coronavirus outbreak in 2019. Still, all six countries face continued uncertainties from the epidemic, as well as the new incoming administration in the U.S.
#Indonesia came with a growth index of 104.5. The so-called omnibus law on job creation signed by President Joko Widodo in November is expected to give companies greater freedom and help attract foreign #investment when it takes effect.
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Vietnam, Indonesia and Malaysia all scored above the 100 mark for 2021, meaning their economies are seen expanding next year compared with the level before the coronavirus outbreak in 2019. Still, all six countries face continued uncertainties from the epidemic, as well as the new incoming administration in the U.S.
#Indonesia came with a growth index of 104.5. The so-called omnibus law on job creation signed by President Joko Widodo in November is expected to give companies greater freedom and help attract foreign #investment when it takes effect.
Access @nikkeiasia article via our Twitter post.
#StaySafe #StayHealthy
View on Instagram