UOB cites region’s strong fundamentals
Major Asean economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region’s strong fundamentals, says Singapore-based United Overseas Bank (UOB).
Asean countries rode out volatile markets in 2022, beset by lingering effects of the pandemic, Russia’s invasion of Ukraine, US-China tensions, sharp price spikes and supply disruptions of energy and commodities, inflation spikes around the world, aggressive interest rate…