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Global Macro-Market Outlook

Other Southeast Asia: Q3 2010 Outlook

Real GDP (% change y/y)
Cambodia -2.0 4.2
Laos 6.7 7.5
Myanmar 2.0 3.5
  • In Cambodia, a fragile recovery in garment exports is leading the economic rebound. Despite improved prospects for foreign investment in commodities and real estate, growth will remain below pre-crisis rates.
  • In Laos, new hydropower operations and improved production and Asian investment in the mining sector will boost growth in H2 2010 and 2011.
  • In Myanmar, scheduled elections will be the key story in H2 2010. While the outcome of the polls is predictable, the real[...]

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