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Friday, April 19, 2024

Eastspring warns of volatility ahead

Asia likely to thrive as borders reopen

Ms Darabusp at an Eastspring event held yesterday on the outlook for investment in 2023.

The investment outlook remains volatile in 2023 due to monetary policy tightening and geopolitical risks, but China and the rest of Asia will likely benefit from the reopening of borders, says Eastspring Asset Management (Thailand).

“The global economic and investment outlook this year will likely remain volatile, based on international monetary and fiscal policies as well as geopolitical risks. However, we believe that Asia will have better economic growth rates than other markets this year,” said Darabusp Pabhapote, chief executive of Eastspring Thailand.

Speaking at an…

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