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Oil rout will boost Asian economies, analysts say

It provides governments with an opportunity to implement crucial structural reforms such as cutting energy subsidies
Thursday, January 8, 2015 - 05:50

Singapore

THE plunge in crude prices will give a much-needed boost to Asia's oil-guzzling economies and provide governments a "golden opportunity" to implement crucial structural reforms such as cutting expensive energy subsidies, analysts said.

A slowdown in the key export markets