KUALA LUMPUR: Moody’s Analytics is more positive on Asia-Pacfic economies as movement controls ease while there is stronger domestic demand in these countries while factories in Malaysia ramp up production and benefits from commodity exports.
In its outlook “The Apac Outlook: Asia’s Reopening”, it said easing of mobility restrictions will raise demand for local goods and services throughout the region.
“And the ability to fully staff manufacturing facilities will allow foreign trade to continue to provide a foundation for the region,” according to the report, authored by Steve Cochrane, chief Apac economist at Moody’s Analytics.
...