Singapore, Indonesia outlook downgraded on weak China: JCER

Political instability emerges as top concern in Thailand post-election

20230630 Singapore container terminals

Container terminals in Singapore. The city-state's economy is highly sensitive to external economic conditions.  © Reuters

NATSUMI KAWASAKI, Nikkei staff writer

TOKYO -- Economists downgraded this year's growth outlook for Singapore and Indonesia due to the global slowdown, including China's weaker-than-expected recovery, according to a quarterly survey compiled late last month by the Japan Center for Economic Research and Nikkei. 

The Japanese think tank and Nikkei conducted the latest Consensus Survey on Asian Economies from June 2 to 23, receiving 39 answers from economists and analysts in the five major economies of the Association of Southeast Asian Nations -- Indonesia, Malaysia, the Philippines, Singapore and Thailand -- and India.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.