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Jakarta Post

ASEAN more positive about economic outlook: Survey

  • The Jakarta Post

Jakarta   /   Mon, January 7 2019   /  02:16 am

Many influential people in Southeast Asian countries are predicting the region would see moderate to strong economic growth in 2019 in spite of pessimism underpinned by uncertainty, according to a survey released on Monday.

The survey, mostly of members of the region’s political elite, found that the 55.4 percent of respondents who hold a positive economic outlook for the region outweigh the 21.3 percent who feel that the 10 ASEAN member countries would experience a moderate or sharp downturn this year.

The most bullish sentiments are found in Laos (86.2 percent), Cambodia (66.7 percent) and Brunei (64.4 percent). Malaysia, Singapore and Thailand are more bearish, according to the survey by the Asian Study Center, part of the Institute of Southeast Asian Studies (ISEAS) — Yusof Ishak Institute in Singapore.

When asked about the state of the region, 44.7 percent s...