ASEAN+3 Macroeconomic Research Office

Press Releases

AMRO Affirms its Commitment to Safeguard ASEAN+3 Macroeconomic and Financial Stability with New Website

August 28, 2023

The ASEAN+3 Macroeconomic Research Office (AMRO) today unveiled its new website, as part of its efforts to implement the Strategic Direction 2030, promising greater access to its research and analysis to foster macroeconomic and financial resilience and stability in the ASEAN+3 region.

Policy Position Papers

Opportunities and Challenges of Financial Digitalization: A New Perspective on ASEAN+3 Regional Financial Cooperation

May 2, 2023

Alex Liyang Tang, Chiang Yong (Edmond) Choo, Hoang Nam Nguyen, Li Lian Ong, Prashant Pande, Toàn Long Quách, Yin Fai Ho

Financial digitalization (FinDig) is changing the landscape of the international monetary and financial system.

Blogs

The Rise and Fall of Kimchi Premium in Korea’s Virtual Asset Market

April 27, 2023

With a market capitalization of KRW23 trillion by H1 2022, Korea has been a hotspot for the virtual asset market due to lucrative returns on virtual asset trading, the so-called “Kimchi premium”.

Blogs

BOK’s and Riksbank’s Pilot Studies: While Retail CBDC Would Yield Manifold Benefits, More Work Needs to Be Done

April 20, 2023

Wanwisa May Vorranikulkij

Key takeaways from the Bank of Korea and the Riksbank’s pilot projects.

Annual Consultation Reports

AMRO’s 2022 Annual Consultation Report on Indonesia

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.

Multimedia

Watch Japan: Addressing Challenges through More Flexible Monetary Policy and Fiscal Prudence

February 23, 2023

Watch the highlights of AMRO’s 2022 Annual Consultation Report on Japan. The Japanese economy is forecast to grow by 1.2% in 2023 after a moderate 1.1% recovery in 2022. Private…

Annual Consultation Reports

AMRO’s 2022 Annual Consultation Report on Japan

February 22, 2023

Jae Young Lee, Jinho Choi, Kana Yoshioka, Sota Nejime, Trung Thanh Vu

The Japanese economy continued to recover at a moderate pace in 2022, as the COVID-19 pandemic has shifted gradually to an endemic phase.

Annual Consultation Reports

AMRO’s 2022 Annual Consultation Report on Thailand

January 13, 2023

Andriansyah, Justin Lim, Marthe M. Hinojales, Sumio Ishikawa, Tanyasorn Ekapirak

Thailand’s recovery has regained momentum on the back of strengthening domestic demand and a stronger rebound in international tourist arrivals.

Press Releases

Thailand’s Recovery is Firming but Risks and Structural Challenges Remain

January 13, 2023

Thailand’s recovery is gaining momentum on the back of strengthening domestic demand and a stronger rebound in tourist arrivals.

Press Releases

Brunei Darussalam Benefiting from Fuller Economic Re-Opening and Higher Energy Prices

January 13, 2023

After the setback to growth last year due to the outbreak of the Delta variant of COVID-19, economic activities in Brunei Darussalam are gradually picking up, particularly in the non-oil and gas (O&G) sector.

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