Qatar National Bank (QNB) expected that the Association of Southeast Asian Nations (Asean-6) would regain its leading role in global growth and its superior economic performance in 2023.
In its weekly commentary, QNB said, “Pre-pandemic, Southeast Asia was one of the most dynamic economic regions in the world, prompting opportunity and growth at a significant scale for decades. This was particularly the case with the six largest economies of the Association of Southeast Asian Nations (Asean-6), including Indonesia, Thailand, Singapore, Malaysia, Vietnam and the Philippines. In fact, Asean-6 economies have been outperforming most other countries when it comes to GDP growth until the beginning of 2020.
“However, this multi-decade picture has changed markedly with the turnaround brought by the Covid-19 pandemic. Following the shock caused by the global spread of Covid-19, Asean-6…
