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Home East Asia

APAC economic outlook for 2024 remains bright

NEWSROOM by NEWSROOM
April 4, 2024
in East Asia, Industries
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After rapid expansion in 2023, the Asia-Pacific (APAC)
region is expected to be the fastest growing region of the world
economy in 2024, underpinned by resilient domestic demand in East
Asia and India. Some improvement in East Asian exports will also
support economic expansion, helped by a recovery in electronics
exports and continued strong growth in exports of new electric
vehicles (EVs) from key Asian auto manufacturing hubs.

The APAC tourism industry, which is an important part of the
economy for a significant number of nations in the region, is
expected to continue to…



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