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Asia’s time to shine

    • Pedestrians in Tokyo's Ginza district, April 2023. Japan’s economy is finally breaking out of its decades-long deflationary mindset.
    • Pedestrians in Tokyo's Ginza district, April 2023. Japan’s economy is finally breaking out of its decades-long deflationary mindset. PHOTO: AFP
    Published Tue, Jun 6, 2023 · 05:50 AM

    ASIA, currently the fastest-growing economic region, has always been a land of opportunity with significant scope for economic development. So the pertinent question is not “why Asia?”, but “why Asia now?”

    We believe a confluence of global push and regional pull factors are aligning, which should shine a positive light on Asia’s medium-term outlook.

    During the past year, US Federal Reserve tightening and US dollar appreciation have led investors to focus more on emerging market risk reduction, but as prospects of subdued global growth and Fed rate cuts come closer into view, we believe investors will look for new opportunities and place a higher premium on healthy economic fundamentals and sustainable growth.

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