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ASEAN BUSINESS

Citi slashes Asean GDP growth forecast to 2.9%, down from 4.3%

CITI Research economists have slashed their 2020 economic growth forecast for Asean to 2.9 per cent, down from a January prediction of 4.3 per cent, as the Covid-19 outbreak reaches an "inflection point" in South-east Asia.

This reflects further extended drag on tourism; weaker domestic...