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ASEAN economies a bright spot amid gloomy outlook

The Asian Development Bank has lowered its forecast for developing Asia and the Pacific, but the region is still expected to grow by 4.3 per cent this year. ....

United States , Hong Kong , Republic Of , South East Asia , Abdul Abiad , Ravi Menon , Monetary Authority Of Singapore , Sian Fenner , Monetary Authority ,

Peso among most exposed to risks

The peso is expected to be among the most exposed to downside risks and its recovery will be limited in Asia-Pacific this year as the US Federal Reserve continues to be aggressive in its rate hike cycle. In a report, think tank Oxford Economics said Asia Pacific currencies have continued to weaken against the dollar due to the Fed tightening, repercussions of the Russia-Ukraine war and the economic slowdown in China. ....

Asia Pacific , Oxford Economics , Sian Fenner ,