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World / 37 weeks ago

Southeast Asia’s Powerhouses: Indonesia, Singapore, Vietnam, others set for strong growth

Indonesia is set to lead the Southeast Asian region with a projected economy of $1.5 trillion, positioning itself as a major economic powerhouse, according to IMF. This growth is fuelled by the country’s rich natural resources, including palm oil, coal, and nickel, making it a key global supplier. Indonesia’s rapidly expanding middle class drives domestic consumption, further strengthening the economy. With ongoing infrastructure development and digital transformation, the country is expected to maintain its upward trajectory in the coming years.

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