ASEAN+3 Regional Economic Outlook 2025
April 15, 2025
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
April 15, 2025
Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
December 2, 2024
Andrew Tsang, Chunyu Yang, Jinho Choi, Pim-orn Wacharaprapapong, Runchana Pongsaparn, Sopheawattey San, Su Su Hlaing
In the first three quarters of 2024, the Philippine economy grew steadily at 5.8 percent, bolstered by a recovery in public consumption and construction investment, as well as export recovery.
November 14, 2024
Andrew Tsang, Chunyu Yang, Sopheawattey San
Identifying the sources of scarring effects can help shed light on the policy directions to improve long-term potential growth.
September 25, 2024
Chunyu Yang, VansopheaktraOdorm Tep
In 2022, Cambodia’s solar panel exports soared by 2.8 times year-on-year to USD1.0 billion; the share of solar panel exports to the country’s total exports rose to 4.6 percent from 1.4 percent.
September 5, 2024
Andrew Tsang, Chunyu Yang, Jinho Choi, Paolo Hernando, Sopheawattey San, Trung Thanh Vu, VansopheaktraOdorm Tep
Cambodia’s economy continued to recover in 2023, but at a slightly weaker pace of 5.0 percent.
April 2, 2024
Akifumi Fujii, Chunyu Yang, Nguyen Thi Kim Cuc, Somphone Changdabout, Sumio Ishikawa, Thai Yangsingkham
Indonesia’s economy continued to perform robustly, led by resilient domestic consumption and strengthening investment.
February 6, 2024
Chunyu Yang, Jungsung Kim, Sopheawattey San
Cambodia is one of the few countries in ASEAN+3 that does not have a deposit protection scheme. The time is ripe for one to be established.
December 21, 2023
Chunyu Yang, Jinho Choi, Jungsung Kim, Monineath El, Paolo Hernando, Sopheawattey San, Trung Thanh Vu, Vanne Khut, VansopheaktraOdorm Tep
Cambodia’s economy is expected to continue its gradual recovery path.
April 20, 2023
Andriansyah, Chunyu Yang, Nguyen Thi Kim Cuc, Sota Nejime, Sumio Ishikawa
The Indonesian economy grew solidly by 5.3 percent in 2022, led by strong rebound in domestic demand as consumer and business confidence was sustained, and by robust exports.
December 27, 2022
Launching a loan restructuring program, or similar initiatives such as loan repayment assistance or a loan moratorium, is common practice among ASEAN+3 governments responding to the financial distress caused by the COVID-19 pandemic.