Execution will drive ASEAN growth in 2027: Malaysian economist
Kuala Lumpur, Oct. 21 -- Execution, rather than ambition, will determine economic growth among ASEAN's five standout economies in 2027, with Vietnam expected to lead the region in growth, according to Shan Saeed, global chief economist at Malaysian proptech group IQI Juwai. In his real GDP growth scenarios for the five economies, Saeed projected Vietnam to grow by 8.2-9.5% in 2027, followed by Malaysia at 5.3-6.5%, Indonesia at 5.3-6.1%, Thailand at 2.7-3.9% and the Philippines at 2.5-3.7%. He stressed that these ranges were indicative scenarios, not official forecasts. Vietnam is expanding rapidly. The economy grew 9.01% in the first nine months of 2026, with third-quarter growth reaching 9.95%. Disbursed foreign direct investment hit 21...
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