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Southeast Asian economies, including Vietnam, Philippines, Indonesia, Malaysia, Thailand, and Singapore, predicted to grow at 5.1% annually until 2034.
Report by DBS Bank, Bain & Company, and Angsana Council predicts Southeast Asian economies, including Vietnam, Philippines, Indonesia, Malaysia, Thailand, and Singapore, to grow at 5.1% annually until 2034, with over 600 million consumers and strong historical ties driving growth.
However, increased protectionism and deindustrialization pose challenges.
Singapore is estimated to grow at 2.5% annually, driven by advanced manufacturing, services, tourism, and a skilled workforce, but may face limitations due to demographic challenges, land and labor constraints, and higher business costs.
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Las economías del sudeste asiático, incluyendo Vietnam, Filipinas, Indonesia, Malasia, Tailandia y Singapur, pronosticaron un crecimiento del 5,1% anual hasta 2034.