Acceleration of vaccination rates a booster to Asean's economy and markets: UBS

Despite a recent resurgence in Covid-19 cases in the region, UBS remains upbeat on Asean’s chances. “Although the Covid-19 pandemic has disrupted economies, Asean economies continue to provide investment opportunities,” says Yeoh Choo Guan, head of Asean global markets at UBS.

Speaking at a media roundtable on June 10 ahead of UBS’s OneAsean investment conference, Yeoh is confident that the momentum in Asean markets will continue to grow in the second half of the year and beyond.

“[Deal] flows in capital markets have been active despite the pandemic as Asean can provide cyclical tailwind into next year for investors,” she adds.