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S-E Asia real estate markets stay the course amid global uncertainties
Foreign direct investments in the region are growing; domestic consumption is also boosting economic growth
Add BT as a preferred sourcePublished Tue, Aug 20, 2019 · 09:50 PM
Singapore
RECENT reports which dominate headlines reveal uncertainty and slower growth in the world's economy. The International Monetary Fund projects the global economy to grow by 3.3 per cent in 2019, and 3.6 per cent in 2020. This is slower than the 20-year average of 3.8 per cent per annum.
For the first time, Asia-Pacific exports fell year-on-year in the first half of 2019, after growing 10 per cent in 2018.
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