Read the latest article by APREA CEO, Sigrid Zialcita in the Property Chronicle.
Economic recovery is beginning for most of the Asia-Pacific region, with stock markets now much more resilient in the early stages of reopening than had been predicted. It is not a completely unexpected outcome, despite the continued uncertainty regarding the development and timing of a vaccine. Most countries are easing restrictions; only Australia, Hong Kong and the Philippines have extended such policies in response to a resurgence in Covid-19 cases. Furthermore, much of the region has benefited from continuing fiscal support, as well as strong financial conditions prior to the pandemic, with most of the region’s central banks having the ability to ease monetary policy and push rates to record lows or near.
