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“Moody’s expects the GDP of most ASEAN economies and India will contract in 2020 and gradually recover in 2021.

“The relaxation of lockdowns and resumption of economic activity will be the key factors supporting the recovery,” the report said.

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d Vietnam have restricted bank dividends, a credit positive for banks, while the largest banks will continue to benefit from deposit inflows as they are seen as safe-heavens in times of stress. <span>“Moody’s expects the GDP of most ASEAN economies and India will contract in 2020 and gradually recover in 2021. “The relaxation of lockdowns and resumption of economic activity will be the key factors supporting the recovery,” the report said. A letter from the Editor Dear reader, We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, ou


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