Friday 29 Mar 2024
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SINGAPORE (Jan 20): The Asean +3 Macroeconomic Research Office (AMRO) has upgraded its 2020 growth forecast for Asean + 3 nations by 0.2 percentage points to 4.9%, just a month after its previous prediction of 4.7%.

The macroeconomic watchdog which monitors Asean, Japan, China and Korea, says the upgrade follows the recent signing of the phase one trade deal between the US and China, after nearly two years of trade tensions.

The data was unveiled by the AMRO’s chief economist Khor Hoe Ee in an outlook briefing on...(click on link for full story on theedgesingapore.com)

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