South East Asia Vol 2

Monthly political risk, economic forecasts and business environment analysis on each country market

Latest South East Asia Vol 2 Analysis

Economic Analysis - TRAIN 2 A Net Negative For Investment - MAY 2018

The DOF has submitted the second tax reform package to the House of Representatives, and the bill is now in deliberation. While the proposed tax reforms may be fiscally prudent, it will likely make the Philippines less competitive versus its regional peers. Investment could slow over the near-term as the proposed conditional corporate tax reduction and repealing of fiscal incentives create...

READ FULL ARTICLE...

Economic Analysis - Growth To Moderate But Remains A Regional Outperformer - APR 2018

The Philippine economy grew by 6.7% in 2017, which was in line with our estimate, and we forecast real GDP growth to moderate to 6.3% in 2018 given the deterioration in the business environment. However, we note that this is still a very respectable growth figure, which will be supported by positive demographics, the strong public infrastructure drive, and increasing trade links with Chi...

READ FULL ARTICLE...