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Economy

Southeast Asia set for more headwinds after lackluster 2Q growth

More stimulus expected as trade war bites export-reliant economies

Singapore downgraded its full-year growth forecast to a range of 0% to 1% from the previous 1.5% to 2.5%.   © Reuters

SINGAPORE -- Southeast Asian economies will likely face continued external headwinds for the rest of the year as the U.S.-China trade tensions weigh on the region, pressuring governments to take steps such as cutting interest rates to boost their economies.

The trade tensions began biting Southeast Asia late last year.

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