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Creditors will seek geopolitical gains in debt talks

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INTERNATIONAL

Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…

Risks to Sri Lanka's banks will increase

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SRI LANKA

Some observers have raised doubts about the solvency of Sri Lanka's banks amid the country's deepening foreign exchange (forex) crisis. Forex reserves stood at USD2.3bn at…

Prospects for South-east Asia to end-2020

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PROSPECTS H2 2020

This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…

COVID-19 will batter Japan’s economy

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JAPAN

The economic outlook for Japan amid the COVID-19 pandemic.

Nepal is unlikely to face a severe economic crisis

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NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

Emerging Asia activity will slow despite China rebound

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INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Prospects for India in 2022

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PROSPECTS 2022

Meanwhile, GDP is projected by the Reserve Bank of India (RBI) to grow by 9.5% in the fiscal year ending March, rebounding from its 7.3% contraction in 2020/21. Economic goals…

Brunei will step up efforts to diversify economy

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BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…