#thailand — Public Fediverse posts

Thailand is Asia's unequivocal champion for LGBTQ+ equality and rights.

On 23 January 2025, Thailand's Marriage Equality Act came into force, marking a turning point for the entire region. By amending the Civil and Commercial Code to replace "men and women" with "individuals" and "husband and wife" with "marriage partners," Thailand did more than pass a law as it fundamentally rewrote the definition of legal recognition in the country. Same-sex couples since that time enjoy full rights: financial protections, medical decision-making power, inheritance, tax benefits, and the right to jointly adopt children. Hundreds of couples registered their marriages on day one alone, with over 150 ceremonies held in a single Bangkok shopping mall, a joyous, public declaration that love deserves no barriers.

Thailand's leadership extends beyond borders. As Asia's cultural powerhouse, Thailand influences entertainment, tourism, media, and social norms across the entire region. When Thailand chooses equality, it signals to neighboring countries that progress is possible, that modernity and inclusivity can strengthen rather than threaten tradition. And Thailand proves it works: open, welcoming cities like Bangkok have long been havens for LGBTQ+ travelers and expats, and now they're legal havens too.

This achievement doesn't end the journey, but it sets a direction. A direction where dignity is guaranteed, where families are protected, and where no one is left behind because of who they love.

Thailand gave thousands of couples the gift of recognition and gave Asia a roadmap for what's possible.

Since that time, Thailand remains a standard-bearer in Asia that takes the lead in advancing LGBTQ+ rights.

#LGBTQ #LGBT #Thailand #Asia #HumanRights #society #equality #SoutheastAsia #ราชอาณาจักรไทย #LoveIsLove #แอลจีบีที

Thailand is Asia's unequivocal champion for LGBTQ+ equality and rights.

On 23 January 2025, Thailand's Marriage Equality Act came into force, marking a turning point for the entire region. By amending the Civil and Commercial Code to replace "men and women" with "individuals" and "husband and wife" with "marriage partners," Thailand did more than pass a law as it fundamentally rewrote the definition of legal recognition in the country. Same-sex couples since that time enjoy full rights: financial protections, medical decision-making power, inheritance, tax benefits, and the right to jointly adopt children. Hundreds of couples registered their marriages on day one alone, with over 150 ceremonies held in a single Bangkok shopping mall, a joyous, public declaration that love deserves no barriers.

Thailand's leadership extends beyond borders. As Asia's cultural powerhouse, Thailand influences entertainment, tourism, media, and social norms across the entire region. When Thailand chooses equality, it signals to neighboring countries that progress is possible, that modernity and inclusivity can strengthen rather than threaten tradition. And Thailand proves it works: open, welcoming cities like Bangkok have long been havens for LGBTQ+ travelers and expats, and now they're legal havens too.

This achievement doesn't end the journey, but it sets a direction. A direction where dignity is guaranteed, where families are protected, and where no one is left behind because of who they love.

Thailand gave thousands of couples the gift of recognition and gave Asia a roadmap for what's possible.

Since that time, Thailand remains a standard-bearer in Asia that takes the lead in advancing LGBTQ+ rights.

#LGBTQ #LGBT #Thailand #Asia #HumanRights #society #equality #SoutheastAsia #ราชอาณาจักรไทย #LoveIsLove #แอลจีบีที

Thailand is Asia's unequivocal champion for LGBTQ+ equality and rights.

On 23 January 2025, Thailand's Marriage Equality Act came into force, marking a turning point for the entire region. By amending the Civil and Commercial Code to replace "men and women" with "individuals" and "husband and wife" with "marriage partners," Thailand did more than pass a law as it fundamentally rewrote the definition of legal recognition in the country. Same-sex couples since that time enjoy full rights: financial protections, medical decision-making power, inheritance, tax benefits, and the right to jointly adopt children. Hundreds of couples registered their marriages on day one alone, with over 150 ceremonies held in a single Bangkok shopping mall, a joyous, public declaration that love deserves no barriers.

Thailand's leadership extends beyond borders. As Asia's cultural powerhouse, Thailand influences entertainment, tourism, media, and social norms across the entire region. When Thailand chooses equality, it signals to neighboring countries that progress is possible, that modernity and inclusivity can strengthen rather than threaten tradition. And Thailand proves it works: open, welcoming cities like Bangkok have long been havens for LGBTQ+ travelers and expats, and now they're legal havens too.

This achievement doesn't end the journey, but it sets a direction. A direction where dignity is guaranteed, where families are protected, and where no one is left behind because of who they love.

Thailand gave thousands of couples the gift of recognition and gave Asia a roadmap for what's possible.

Since that time, Thailand remains a standard-bearer in Asia that takes the lead in advancing LGBTQ+ rights.

#LGBTQ #LGBT #Thailand #Asia #HumanRights #society #equality #SoutheastAsia #ราชอาณาจักรไทย #LoveIsLove #แอลจีบีที

Thailand is Asia's unequivocal champion for LGBTQ+ equality and rights.

On 23 January 2025, Thailand's Marriage Equality Act came into force, marking a turning point for the entire region. By amending the Civil and Commercial Code to replace "men and women" with "individuals" and "husband and wife" with "marriage partners," Thailand did more than pass a law as it fundamentally rewrote the definition of legal recognition in the country. Same-sex couples since that time enjoy full rights: financial protections, medical decision-making power, inheritance, tax benefits, and the right to jointly adopt children. Hundreds of couples registered their marriages on day one alone, with over 150 ceremonies held in a single Bangkok shopping mall, a joyous, public declaration that love deserves no barriers.

Thailand's leadership extends beyond borders. As Asia's cultural powerhouse, Thailand influences entertainment, tourism, media, and social norms across the entire region. When Thailand chooses equality, it signals to neighboring countries that progress is possible, that modernity and inclusivity can strengthen rather than threaten tradition. And Thailand proves it works: open, welcoming cities like Bangkok have long been havens for LGBTQ+ travelers and expats, and now they're legal havens too.

This achievement doesn't end the journey, but it sets a direction. A direction where dignity is guaranteed, where families are protected, and where no one is left behind because of who they love.

Thailand gave thousands of couples the gift of recognition and gave Asia a roadmap for what's possible.

Since that time, Thailand remains a standard-bearer in Asia that takes the lead in advancing LGBTQ+ rights.

#LGBTQ #LGBT #Thailand #Asia #HumanRights #society #equality #SoutheastAsia #ราชอาณาจักรไทย #LoveIsLove #แอลจีบีที

#MEGA #SHOW #HongKong 2026 will return to the #HK #Convention and #Exhibition #Centre this October, bringing more than 3,000 #export-ready #exhibitors together for two phases of #consumer-goods #sourcing. The 33rd edition will run from October 20–23 and October 27–29, 2026. #Organizer expects #suppliers from more than 25 countries and regions, including the #China mainland, Hong Kong, #Taiwan, #SouthKorea, #India, #Thailand, the #Philippines, #Indonesia and #Vietnam. https://chinaexpohub.com/mega-show-hong-kong-2026-to-host-3000-plus-exhibitors/

#MEGA #SHOW #HongKong 2026 will return to the #HK #Convention and #Exhibition #Centre this October, bringing more than 3,000 #export-ready #exhibitors together for two phases of #consumer-goods #sourcing. The 33rd edition will run from October 20–23 and October 27–29, 2026. #Organizer expects #suppliers from more than 25 countries and regions, including the #China mainland, Hong Kong, #Taiwan, #SouthKorea, #India, #Thailand, the #Philippines, #Indonesia and #Vietnam. https://chinaexpohub.com/mega-show-hong-kong-2026-to-host-3000-plus-exhibitors/

#MEGA #SHOW #HongKong 2026 will return to the #HK #Convention and #Exhibition #Centre this October, bringing more than 3,000 #export-ready #exhibitors together for two phases of #consumer-goods #sourcing. The 33rd edition will run from October 20–23 and October 27–29, 2026. #Organizer expects #suppliers from more than 25 countries and regions, including the #China mainland, Hong Kong, #Taiwan, #SouthKorea, #India, #Thailand, the #Philippines, #Indonesia and #Vietnam. https://chinaexpohub.com/mega-show-hong-kong-2026-to-host-3000-plus-exhibitors/

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/restaurants/29268/ #BellThaiKitchen #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #Restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #ThaiRestaurants #Thailand

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/restaurants/29268/ #BellThaiKitchen #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #Restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #ThaiRestaurants #Thailand

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/restaurants/29268/ #BellThaiKitchen #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #Restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #ThaiRestaurants #Thailand

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/chefs/7495/ #BellThaiKitchen #Chef #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #thailand

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/chefs/7495/ #BellThaiKitchen #Chef #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #thailand

Channeling his roots, popular Lehigh Valley chef serving up Thai comfort cuisine at new restaurant | Eat, Sip, Shop https://www.diningandcooking.com/chefs/7495/ #BellThaiKitchen #Chef #FoodAndDining #FoodAndDrink #FriedRice #LaKang #LehighValley #LehighValleyChef #MooreTownship #NorthamptonCounty #PadThai #Ratchaphol“paul”Rojrattana #restaurant #rojrattana #ThaiCuisine #ThaiRestaurant #thailand

Bengal #SlowLoris are shy wide-eyed beauties who are #nocturnal and live in 🇲🇾 #Malaysia 🇹🇭 #Thailand. They face multiple threats including #palmoil #deforestation. Help them when you shop! #Boycottpalmoil 🌴🪔🔥☠️🩸🙊⛔️ #Boycott4Wildlife @palmoildetectives https://palmoildetectives.com/2021/02/08/bengal-slow-loris-nycticebus-bengalensis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer

Bengal #SlowLoris are shy wide-eyed beauties who are #nocturnal and live in 🇲🇾 #Malaysia 🇹🇭 #Thailand. They face multiple threats including #palmoil #deforestation. Help them when you shop! #Boycottpalmoil 🌴🪔🔥☠️🩸🙊⛔️ #Boycott4Wildlife @palmoildetectives https://palmoildetectives.com/2021/02/08/bengal-slow-loris-nycticebus-bengalensis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer

Bengal #SlowLoris are shy wide-eyed beauties who are #nocturnal and live in 🇲🇾 #Malaysia 🇹🇭 #Thailand. They face multiple threats including #palmoil #deforestation. Help them when you shop! #Boycottpalmoil 🌴🪔🔥☠️🩸🙊⛔️ #Boycott4Wildlife @palmoildetectives https://palmoildetectives.com/2021/02/08/bengal-slow-loris-nycticebus-bengalensis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer

Bengal #SlowLoris are shy wide-eyed beauties who are #nocturnal and live in 🇲🇾 #Malaysia 🇹🇭 #Thailand. They face multiple threats including #palmoil #deforestation. Help them when you shop! #Boycottpalmoil 🌴🪔🔥☠️🩸🙊⛔️ #Boycott4Wildlife @palmoildetectives https://palmoildetectives.com/2021/02/08/bengal-slow-loris-nycticebus-bengalensis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty
By Agence France-Presse and Associated Press

Simon Peter Carman appeared in a Pattaya court on Friday charged with killing Tunchanok Donhomla

https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb

#Thailand #Australianews #AsiaPacific #TheGuardian #AgenceFrancePresse #AssociatedPress

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty
By Agence France-Presse and Associated Press

Simon Peter Carman appeared in a Pattaya court on Friday charged with killing Tunchanok Donhomla

https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb

#Thailand #Australianews #AsiaPacific #TheGuardian #AgenceFrancePresse #AssociatedPress

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty
By Agence France-Presse and Associated Press

Simon Peter Carman appeared in a Pattaya court on Friday charged with killing Tunchanok Donhomla

https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb

#Thailand #Australianews #AsiaPacific #TheGuardian #AgenceFrancePresse #AssociatedPress

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty
By Agence France-Presse and Associated Press

Simon Peter Carman appeared in a Pattaya court on Friday charged with killing Tunchanok Donhomla

https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb

#Thailand #Australianews #AsiaPacific #TheGuardian #AgenceFrancePresse #AssociatedPress

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb #Thailand #AustraliaNews #AsiaPacific

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb #Thailand #AustraliaNews #AsiaPacific

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb #Thailand #AustraliaNews #AsiaPacific

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb #Thailand #AustraliaNews #AsiaPacific

Australian man accused of murdering Thai teenager and putting body in suitcase pleads not guilty https://www.theguardian.com/world/2026/sep/18/australian-man-accused-of-murdering-thai-teenager-and-putting-body-in-suitcase-pleads-not-guilty-ntwnfb #Thailand #AustraliaNews #AsiaPacific

Bangkok, frame by frame.
A city of endless stories, seen through my camera.
Bangkok – A City of Endless Stories
https://www.strangphotography.com/bangkok-in-thailand-a-city-of-endless-stories-travel-documentary-and-photography-inspiration

#BangkokPhotography #photography #Bangkok #Thailand #ThailandPhotography #travelphotography #socialmedia

Bangkok, frame by frame.
A city of endless stories, seen through my camera.
Bangkok – A City of Endless Stories
https://www.strangphotography.com/bangkok-in-thailand-a-city-of-endless-stories-travel-documentary-and-photography-inspiration

#BangkokPhotography #photography #Bangkok #Thailand #ThailandPhotography #travelphotography #socialmedia

Bangkok, frame by frame.
A city of endless stories, seen through my camera.
Bangkok – A City of Endless Stories
https://www.strangphotography.com/bangkok-in-thailand-a-city-of-endless-stories-travel-documentary-and-photography-inspiration

#BangkokPhotography #photography #Bangkok #Thailand #ThailandPhotography #travelphotography #socialmedia

Bangkok, frame by frame.
A city of endless stories, seen through my camera.
Bangkok – A City of Endless Stories
https://www.strangphotography.com/bangkok-in-thailand-a-city-of-endless-stories-travel-documentary-and-photography-inspiration

#BangkokPhotography #photography #Bangkok #Thailand #ThailandPhotography #travelphotography #socialmedia

Bangkok, frame by frame.
A city of endless stories, seen through my camera.
Bangkok – A City of Endless Stories
https://www.strangphotography.com/bangkok-in-thailand-a-city-of-endless-stories-travel-documentary-and-photography-inspiration

#BangkokPhotography #photography #Bangkok #Thailand #ThailandPhotography #travelphotography #socialmedia

Explore the ‘fantastic’ hidden gem Thai restaurant you won’t believe is in London https://www.diningandcooking.com/restaurants/28819/ #KhaoGaeng #ThaiCurries #ThaiRestaurant #ThaiRestaurants #Thailand

Explore the ‘fantastic’ hidden gem Thai restaurant you won’t believe is in London https://www.diningandcooking.com/restaurants/28819/ #KhaoGaeng #ThaiCurries #ThaiRestaurant #ThaiRestaurants #Thailand

Explore the ‘fantastic’ hidden gem Thai restaurant you won’t believe is in London https://www.diningandcooking.com/restaurants/28819/ #KhaoGaeng #ThaiCurries #ThaiRestaurant #ThaiRestaurants #Thailand

Blogue présentant des gestes écocitoyens et des technologies vertes, dans le domaine du logement, du jardinage, du transport et de l'énergie, du textile et de la mode, l'agriculture et l'alimentation, la santé et du bien-être, la finance responsable, ainsi que des références de livres

Plus: https://www.revolutionverte.fr

#Bangkok #Thaïlande #Thailand #Vietnam #Laos #Cambodge #Tibet #Japon #Japan #Tokyo #Hokkaido #Nagoya #Shenzhen #Russie #Moscou #Indonesie #Borneo #Sumatra #Koweit #Bahrein #Iran #bio

Blogue présentant des gestes écocitoyens et des technologies vertes, dans le domaine du logement, du jardinage, du transport et de l'énergie, du textile et de la mode, l'agriculture et l'alimentation, la santé et du bien-être, la finance responsable, ainsi que des références de livres

Plus: https://www.revolutionverte.fr

#Bangkok #Thaïlande #Thailand #Vietnam #Laos #Cambodge #Tibet #Japon #Japan #Tokyo #Hokkaido #Nagoya #Shenzhen #Russie #Moscou #Indonesie #Borneo #Sumatra #Koweit #Bahrein #Iran #bio

Blogue présentant des gestes écocitoyens et des technologies vertes, dans le domaine du logement, du jardinage, du transport et de l'énergie, du textile et de la mode, l'agriculture et l'alimentation, la santé et du bien-être, la finance responsable, ainsi que des références de livres

Plus: https://www.revolutionverte.fr

#Bangkok #Thaïlande #Thailand #Vietnam #Laos #Cambodge #Tibet #Japon #Japan #Tokyo #Hokkaido #Nagoya #Shenzhen #Russie #Moscou #Indonesie #Borneo #Sumatra #Koweit #Bahrein #Iran #bio

Blogue présentant des gestes écocitoyens et des technologies vertes, dans le domaine du logement, du jardinage, du transport et de l'énergie, du textile et de la mode, l'agriculture et l'alimentation, la santé et du bien-être, la finance responsable, ainsi que des références de livres

Plus: https://www.revolutionverte.fr

#Bangkok #Thaïlande #Thailand #Vietnam #Laos #Cambodge #Tibet #Japon #Japan #Tokyo #Hokkaido #Nagoya #Shenzhen #Russie #Moscou #Indonesie #Borneo #Sumatra #Koweit #Bahrein #Iran #bio

Fed’s First Rate Hike in Three Years Puts 2027 Outlook in Focus — BigGo Finance

The Federal Reserve raised its benchmark interest rate by a quarter point on Wednesday, its first increase since…
#EuropeSays #Korea #KR #BankofKorea #BOK #FederalReserve #SouthKorea #Thailand #USTreasury
https://www.europesays.com/korea/158633/

Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

“In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

“Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

“Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

“In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

“Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

“Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

“In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

“Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

“Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Agile Gibbons sing in local accents, have strong family bonds, monogamous partnerships. They’re #endangered in #Indonesia #Thailand and #Malaysia by #palmoil #deforestation and other threats. Take action #Boycottpalmoil #Boycott4Wildlife https://palmoildetectives.com/2021/01/25/agile-gibbon-hylobates-agilis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer @palmoildetectives

Agile Gibbons sing in local accents, have strong family bonds, monogamous partnerships. They’re #endangered in #Indonesia #Thailand and #Malaysia by #palmoil #deforestation and other threats. Take action #Boycottpalmoil #Boycott4Wildlife https://palmoildetectives.com/2021/01/25/agile-gibbon-hylobates-agilis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer @palmoildetectives

Agile Gibbons sing in local accents, have strong family bonds, monogamous partnerships. They’re #endangered in #Indonesia #Thailand and #Malaysia by #palmoil #deforestation and other threats. Take action #Boycottpalmoil #Boycott4Wildlife https://palmoildetectives.com/2021/01/25/agile-gibbon-hylobates-agilis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer @palmoildetectives

Agile Gibbons sing in local accents, have strong family bonds, monogamous partnerships. They’re #endangered in #Indonesia #Thailand and #Malaysia by #palmoil #deforestation and other threats. Take action #Boycottpalmoil #Boycott4Wildlife https://palmoildetectives.com/2021/01/25/agile-gibbon-hylobates-agilis/?utm_source=mastodon&utm_medium=Palm+Oil+Detectives&utm_campaign=publer @palmoildetectives

Euronews: Viral fake AI-image shows Macron kneeling before Thai king. “Thailand’s foreign ministry has denied a viral online claim that French President Emmanuel Macron knelt before the country’s King Maha Vajiralongkorn while presenting France’s highest state honours during the Thai monarch’s state visit to Paris.”

Euronews: Viral fake AI-image shows Macron kneeling before Thai king. “Thailand’s foreign ministry has denied a viral online claim that French President Emmanuel Macron knelt before the country’s King Maha Vajiralongkorn while presenting France’s highest state honours during the Thai monarch’s state visit to Paris.”

Euronews: Viral fake AI-image shows Macron kneeling before Thai king. “Thailand’s foreign ministry has denied a viral online claim that French President Emmanuel Macron knelt before the country’s King Maha Vajiralongkorn while presenting France’s highest state honours during the Thai monarch’s state visit to Paris.”

Euronews: Viral fake AI-image shows Macron kneeling before Thai king. “Thailand’s foreign ministry has denied a viral online claim that French President Emmanuel Macron knelt before the country’s King Maha Vajiralongkorn while presenting France’s highest state honours during the Thai monarch’s state visit to Paris.”