• 11/26/2024

Philippines overtakes Malaysia, Vietnam to become fastest growing economy in Southeast Asia

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

While the annual pace of expansion is slower than the government’s 6 to 7 per cent target, it is the fastest pace in the region so far. Malaysia’s economy, which posted Southeast Asia’s quickest growth in 2022 at 8.7 per cent, likely slowed to 3.8 per cent last year.

https://www.scmp.com/news/asia/southeast-asia/article/3250396/philippines-overtakes-malaysia-vietnam-become-fastest-growing-economy-southeast-asia?utm_source=rss_feed