ASEAN+3 Macroeconomic Research Office

Press Releases

ASEAN+3 Policymakers Should Rebuild Policy Space and Address Long-term Challenges Amid Positive Outlook

April 8, 2024

The ASEAN region is expected to benefit from a combination of these favorable factors, with growth in 2024 and 2025 forecast at 4.8 and 4.9 percent, respectively while growth in the Plus-3 region is expected to remain robust at 4.3 and 4.1 percent, respectively.

Interviews

Videos

Watch: Myanmar Economy Hit by COVID-19 but Some Bright Spots Remain

October 12, 2020

Jae Young Lee

In this interview with Channel NewsAsia, Dr. Jae Young Lee addresses questions on how the COVID-19 pandemic has hit Myanmar’s economy, and how the worsening US-China tensions can affect Myanmar’s growth.

Blogs

Can Myanmar’s State-owned Banks Turn Challenges into Opportunities?

December 5, 2019

Diana del Rosario, Jae Young Lee

Myanmar’s state-owned banks (SOBs) are currently at a crossroads. Following the opening-up of the banking system, the SOBs have been pushed to catch up with rapidly-growing private banks, many of which have invested in technology, digitizing operations and expanding mobile services.

Blogs

Electricity Reform to Light Up Myanmar’s Economy

November 21, 2019

Jae Young Lee, Paolo Hernando

Businesses and the general public in Myanmar are divided on the recent bold policy move to hike electricity tariffs. But the big question is: how can the electricity reform contribute to the country’s development?

Press Releases

Myanmar: Steadfast Implementation of Structural and Institutional Reforms Critical to Sustainable Growth

October 22, 2019

Myanmar’s economy has picked up in FY18/19 after slowing down during the six-month transition in FY18, supported by an improvement in business sentiment amid renewed reform momentum.

Annual Consultation Reports

AMRO’s 2019 Annual Consultation Report on Myanmar

October 22, 2019

Diana del Rosario, Jae Young Lee, Paolo Hernando

Myanmar’s economy has picked up in FY18/19 after slowing down during the six-month transition in FY18, supported by an improvement in business sentiment amid renewed reform momentum.

Press Releases

Myanmar: Steadfast Implementation of Structural and Institutional Reforms Needed to Sustain Growth Momentum

June 28, 2019

Myanmar’s economy has picked up in FY18/19 after slowing down in the six-month transition in FY18 before the new fiscal year.

Blogs

Manufacturing key to Myanmar’s growth

October 22, 2018

Jae Young Lee

Myanmar has been transitioning to a more open and market-oriented economy over the past years.

Press Releases

Myanmar’s Economy Recovers Backed by Investment and Domestic Consumption, Says AMRO at Press Conference in Yangon

October 10, 2018

The Myanmar’s economy grew by 6.8 percent in FY2017/18 and is expected to expand 7.4 percent in the new FY2018/19 starting on October 1, supported by sustained foreign direct investment inflows, improving investor sentiment, and continuing strong growth in garment exports and domestic consumption.

Annual Consultation Reports

AMRO’s 2018 Annual Consultation Report on Myanmar

September 17, 2018

Jae Young Lee, Justin Lim, Paolo Hernando

Myanmar’s economy was on a gradual recovery path in Fiscal Year (FY) 2017/18 driven by expanding public spending and exports, after slowing down in the previous year.

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