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Deadly Delta variant derails regional recovery

Annabeth Leow

Annabeth Leow

Published Mon, Aug 9, 2021 · 09:50 PM

    Singapore

    THE deadly Delta variant now ravaging South-east Asia has upended expectations of Asean resilience and is fuelling concerns about longer-term economic damage in the region.

    HSBC last week slashed full-year growth estimates for every Asean-6 economy but Singapore. ANZ similarly cut its Asean-6 outlook to 3.9 per cent growth in 2021 - down from an earlier forecast of 4.6 per cent.

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