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ASEAN economies facing disparate growth outlook - Moody's

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Reuters HONG KONG
Last Updated : Mar 22 2016 | 10:42 AM IST

HONG KONG (Reuters) - Moodys' Investor Service said on Tuesday the growth outlook for ASEAN economies is likely to be mixed in the next two years, with domestically focused economies such as Indonesia and the Philippines on relatively better footing than their more trade-reliant neighbours.

"The growth prospects of ASEAN's major export-orientated economies -- Singapore, Malaysia and Thailand --will remain weaker than those of more domestic demand-driven economies, Indonesia and the Philippines, in 2016 and 2017," said Rahul Ghosh, a senior research analyst at the ratings agency.

(Reporting by Saikat Chatterjee; Editing by Kim Coghill)

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First Published: Mar 22 2016 | 10:24 AM IST

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