Wednesday, Apr 29, 2015Wednesday, Apr 29, 2015

Improvements in developed economies set to boost Asia's growth: DBS chief

Published on Jan 8, 2014 2:59 PM

DBS chief executive Piyush Gupta has voiced optimism over Asia's growth this year.

He said Asia's domestic demand from a young and dynamic population continues to fuel growth in the region.

Despite some analysts predicting that developed markets would do better and overshadow emerging markets in 2014, Mr Gupta said this is not a zero sum game.

Instead, he pointed out that the improved economic performance of the United States and Europe would lift confidence in the global economy and boost growth in Asia.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!