Vaccines seen helping Singapore and Indonesia rebound: survey

Economists cut 2021 growth forecasts for Malaysia, Philippines and Thailand

20210405 JCER Tanjung Priok Port Jakarta Indonesia

Tanjung Priok Port in Jakarta. Analysts revised up Indonesia's economic growth for 2021. © Reuters

NANA SHIBATA, Nikkei staff writer

TOKYO -- Asian economists have revised upward their growth forecasts for the economies of Singapore and Indonesia, thanks to quicker rollouts of coronavirus vaccines, a recent survey shows.

The Japan Center for Economic Research and Nikkei conducted a quarterly survey from Mar. 5 to 26, collecting a total of 40 answers from economists and analysts in India and the five biggest members of the 10-nation Association of Southeast Asian Nations -- Indonesia, Malaysia, the Philippines, Singapore and Thailand.

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