Asean 'among fastest growing in the mid to long term'
MAS chief says regional integration is key, but financial integration lagging
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Singapore
ASEAN is expected to remain one of the world's fastest-growing regions in the medium to long term, Monetary Authority of Singapore managing director Ravi Menon said on Friday.
"Barring shocks, overall growth in Asean should remain firm this year - at about 5 per cent, not spectacular, but very respectable, considering the state of the global economy," he said in his keynote address at the Asean Banking Council Meeting.
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