Supply chain shifts and reshoring to have mixed credit impact on Asean: Moody's

SHIFTING supply chains as countries reconfigure trade relationships following the Covid-19 pandemic will result in mixed credit implications for the Association of Southeast Asian Nations (Asean), said Moody's Investors Service in a report.

"While the technological capabilities of the Asean region still lag those of more advanced Asian economies, particularly in electronics, a general openness to foreign direct investment and lower production costs will offer some advantages," sa…

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