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Analysis: Southeast Asia retail remains on the rollercoaster

There is an old joke about a snail that gets mugged by two turtles. The police ask the snail what happened and the snail replies: “I don’t know, it all happened so fast.” And so it was with retail right across Southeast Asia at the outset of the second half of the year. After a period of months where it looked like sales were slowly but surely building a head of steam, governments suddenly slapped them down again with some of the tightest restrictions the world has endured during the past