AMRO’s 2019 Annual Consultation Report on Myanmar
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.
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.
Vietnam’s GDP growth in 2019 is expected to be sustained by continued strong growth in manufacturing and services after robust growth in 2018.
he 2019 Annual Consultation Report on Lao PDR provides an assessment of the state of the Lao PDR economy in 2019, short-term economic outlook, risks and vulnerabilities facing the economy, and policy recommendations.
The Malaysian economy proved resilient to escalations in U.S.-China trade tensions and domestic commodity supply disruptions in 2018, thanks to robust private consumption and low inflation that persisted through the year.
The Brunei Darussalam economy slowed down in 2018 but is expected to pick up in 2019, while inflation will likely continue to rise moderately.
Following strong growth in 2017 and the first half of 2018, Singapore’s economy is expected to expand at a slower pace in 2019.
The Japanese economy continues to grow above its potential, while quarterly GDP fluctuated widely in the first three quarters of 2018.
The Chinese economy continues its moderating trend and growth is expected to moderate further to 6.2 percent in 2019 from 6.6 percent in 2018 due to structural adjustment, deleveraging, and headwinds from the trade war with the U.S. The U.S.-China trade war has become one of the major risks for the Chinese economy, putting downward pressures on confidence, exports, and growth.
Since AMRO’s last annual consultation report, the Philippine economy has been facing strong headwinds.
Hong Kong’s economy is projected to grow strongly in 2018 but will moderate in 2019. The economy is now exposed to significant downside risks from external factors, which are shared globally, including an escalation of the U.S.-China trade conflict, a faster-than-expected pace of the Fed rate hike, and a sharper-than-expected growth slowdown in China.