Indonesia, Philippines see largest growth potentials among ASEAN, says DBS economist

Among six major countries in the Association of Southeast Asian Nations (ASEAN), Singapore and Malaysia are the best starting conduits for entering the Southeast Asian marke; Indonesia and the Philippines are the two markets with the greatest development potentials, while Indonesia and the Vietnam suffer higher risk of currency volatility, according to Ma Tieying, vice president for economic and foreign exchange research at the Singapore-headquartered DBS Bank.

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