4th April 2023

Asia

Thailand and Malaysia in optimistic recovery

Thai and Malaysian economic outlooks are improving thanks to tourism according to a study released by Japan's Centre for Economic Research and Nikkei.

This is thanks to China's lifting of Covid 19 restrictions and increased travel to the region.

The study also outlined that the fallout from the Silicon Valley Bank and other US banks could also be a concern for these economies due to global inflation and central banks rate's rising.