BANGKOK -- Southeast Asian nations that once anticipated strong economic recoveries this year have revised their rosy predictions in the face of galloping inflation and rising COVID-19 cases in China.
Thailand and Philippines downgrade GDP outlooks for the full year

Food vendors in Bangkok have raised prices due to the heavy inflation hitting Thailand. © Reuters
BANGKOK -- Southeast Asian nations that once anticipated strong economic recoveries this year have revised their rosy predictions in the face of galloping inflation and rising COVID-19 cases in China.