Covid-19 lockdowns weigh on South-east Asia's economic outlook

JAKARTA – South-east Asia’s economies will struggle against Covid-19 lockdowns this year even as early signs suggest a recovery for the region, helped by big dollops of foreign direct investment (FDI) and, for some, breakneck growth in exports to the US and China.

On Tuesday (May 11), Malaysia’s central bank said its economy may grow by as fast as 7.5 per cent this year even as the country prepares for a three-week lockdown starting Wednesday (May 12).

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