Skip to main content

Ines Lam

May 28, 2026

3:29
It probably impacts also things like exchange rates maybe.
3:33
Yeah, at the macro level, I think the impact on the exchange rate is quite significant because these economies, they have not very diverse export base.
3:44
For example, Bangladesh has a large garment sector.
3:49
But in the current environment, I believe that exports will slow because of a hit to globalisation.
3:56
And for Sri Lanka, they also have a large textile industry, which is very exposed to a slowdown in global growth.
4:03
A lot of them go to the Middle East, but I would imagine consumption in the Middle East was slow.
4:08
But
5:08
And the Philippines is also quite big, right?
5:24
... that remittances is so important to its economy.
5:28
Uh, but for the Philippines, the impact of this is, again, relatively small because the Philippines, in fact, has a very diverse migrant base.
9:06
What, what do you mean with that?
9:08
Yeah.
9:08
I'm, was referring to the aging economies in Asia.
9:13
Uh, I see that quite a number of them are broadening or opening up their countries for more foreign workers to work in healthcare-

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.