Smarter transportation critical for Emerging Asia's growth

Singapore

THE gross domestic product in Asean is estimated to grow by an annual average of 5.2 per cent in 2019 to 2023, on a par with the average of 5.1 per cent seen from 2012 to 2016, said the OECD Development Centre in a report launched on Monday.

Meanwhile, the rest of emerging Asia, including China and India, is likely to expand at an annual clip of 6.1 per cent, down from 6.8 per cent in 2012 to 2016.