South-east Asia economic growth likely to slow to 4.5% this year: report
Uncertain outcome of US-China trade talks may dent economic prospects further; central banks expected to cut rates to boost domestic demand
Singapore
ECONOMIC growth in South-east Asia is forecast to ease to 4.5 per cent this year from 5.1 per cent in 2018, before stabilising at the same rate of 4.5 per cent in 2020, British advisory firm Oxford Economics said on Thursday.
The slowdown comes amid a fresh round of tariffs and trade restrictions by the US and China, according to the firm's latest Economic Update: South-East Asia report.
TRENDING NOW
Grab executives buy back shares after stock hits 3-year low on Atome deal
Simba admits exceeding spectrum limits amid failed M1 deal; parent company Tuas’ full-year profit surges 277%
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
StarHub, Keppel confirm talks over potential M1 deal