Equities in Asean markets offer catch-up potential, especially within the healthcare and financial sectors, says Pictet Wealth Management in its 2022 outlook.
“We see Japanese growth accelerating from 1.8% to 2.2%, thanks to a delayed recovery in consumption and additional fiscal stimulus,” says Dong Chen, head of Asia macroeconomic research at Pictet Wealth Management.
Speaking from Hong Kong on Dec 9, Chen adds: “We expect growth to improve also in Indonesia and Vietnam, although uncertainties remain high, especially given relatively low vaccination rates. India should remain relatively stable at 8.0%, partly due to favourable base effects.”
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)