ASEAN countries are continuing to reopen their economies, with Singapore recently announcing that Phase 2 of its reopening would commence on Friday, 19 June 2020. The virus took a heavy toll on regional economies, and many are eager to resume their economic and social activities. However, life will not return to normal yet. Governments are moving with varying degrees of caution in their reopening efforts. Here’s a comparative look at key aspects of their approaches towards reopening. Let us take a look at the various economies in ASEAN that are adjusting to the “new normal” and their economic forecasts for the rest of 2020.
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