‘Philippines to lead ASEAN growth in 2022’

In its weekly economic preview, market intelligence firm IHS Markit said the economic scenario for 2022 continues to be positive for ASEAN as the region benefits from the global rebound from the pandemic.

Miguel De Guzman, file

MANILA, Philippines — Economic recovery for Southeast Asia is expected to be more pronounced next year, as the region learns to live with COVID, with the Philippines expected to post the strongest rebound.

In its weekly economic preview, market intelligence firm IHS Markit said the economic scenario for 2022 continues to be positive for ASEAN as the region benefits from the global rebound from the pandemic.

Most countries in the region this year suffered from COVID case surges due to the Delta variant, leading to renewed large-scale mobility curbs, which disrupted business activities and further delayed rebounds in consumption.

Full Story: https://www.philstar.com/business/2021/10/25/2136402/philippines-lead-asean-growth-2022