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Bank of Singapore: Significant economic improvements in ASEAN region but remain cautious on equities

Although Bank of Singapore’s head of equity research, Sean Quek, believes caution is warranted for ASEAN equities, the economic prospects remain bright for the region with a number of countries experiencing surges in the ease of doing business rankings. Challenging valuations and the risk of foreign selling due to a Fed rate hike has led Quek to stay cautious on…

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