14/09/2014 10:22 GMT+7 Email Print Like 0

Southeast Asian outlook positive

Hanoi , September 13 (VNA) – The outlook for Southeast Asian markets is positive in the future despite uncertainty over interest rate.

Expansion of the middle income group, urbanisation and a rise in production could create a positive impact on to the region’s economies, especially Indonesia and the Philippines , according to a report from Goldman Sachs Asset Management.

However, it remains cautious on Malaysia and Thailand as household consumption is seeing a downward trend.

An optimistic forecast was given to Singapore , but the country needs to be cautious because its government’s restructuring could drag the economy down.