Foreign investment in Asia to grow 5-10%, uptick likely for SE Asia　Investment in the digital eco...

SINGAPORE, NNA - Foreign direct investment (FDI) inflows in Asia are expected to increase in 2021, outperforming other developing regions with a projected growth of 5–10 percent. Signs of trade and industrial production recovering in the second half of 2020 provide a strong foundation for FDI growth in 2021. Yet, substantial downside risks remain for the many economies in the region that struggle to contain successive waves of COVID-19 cases and where fiscal capacity for recovery spending is limited. Investment in tourism-related industries and labor-intensive manufacturing will remain weak in...