Philippine Growth Could Accelerate Through 2035, but Energy, Governance Risks Threaten Potential—DBS
DBS and its partners say Vietnam will lead regional growth as artificial intelligence-linked manufacturing and investment momentum lift the outlook.
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Philippines projected to be second fastest-growing economy in SE Asia until 2035 - BusinessWorld Online
THE PHILIPPINES could emerge as Southeast Asia’s second fastest-growing major economy over the next decade, with growth averaging 5.8% through 2035, according to a report by Bain & Company, DBS Group Holdings, and Vriens & Partners. In the Southeast Asia Outlook 2026-2035 report released on Wednesday, the Philippine economy is projected to grow at an […]
According to Bain & Company, DBS Bank, and Vriens & Partners, Vietnam is projected to continue leading the region in growth, while Thailand has a slower growth rate than the rest of the countries. Vietnam is among the top 5 countries leading the new economic growth cycle of ASEAN. ASEAN+3 is better positioned to overcome the energy shock. ASEAN-5 strengthens its role in global trade.
The region's six largest economies, or SEA-6, which include Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, are projected to record an average growth of 4.8% per year in 2026-2035.|The projections show the region's economy is still fairly solid despite the world facing a range of pressures, from U.S.-China trade tensions, rising protectionism, to rapid technological change.
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