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Brunei Darussalam’s economy is expected to recover moderately in 2021, after slower but still positive growth last year amid the global economic downturn due to the COVID-19 pandemic.
The ongoing recovery in the ASEAN+3 region has been uneven across sectors and businesses, segments of the population, and individual economies.
AMRO Economist Jade Vichyanond discusses the country’s growth outlook and policy recommendations to weather the most serious wave of infections in the start of the pandemic.
The Korean economy continues its strong rebound in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
The Korean economy continues its strong rebound in 2021 led by a strong global recovery and robust demand for electronics, autos and other manufactured products.
Thailand’s economy should recover gradually, after the severe downturn caused by the COVID-19 pandemic.
Before COVID, digital finance in the Philippines was seen as “nice to have.” It is now a “must have.” As a result, digital finance providers in the country are benefitting from more promising market prospects, in an environment where demand for financial services has been amplified by the population’s low penetration of financial services.
In an interview on ABS-CBN Market Edge, AMRO Chief Economist, Dr. Hoe Ee Khor, discussed AMRO’s Annual Consultation Report on the Philippines and the country’s economic recovery to pre-pandemic levels by next year
The robust recovery in merchandise exports from the ASEAN+3 economies has been a bright spot during the COVID-19 pandemic, but is masking continuing disruptions to global trade.
The Philippine economy is recovering from its recession in 2020, but given the resurgence in COVID-19 infections, economic recovery will only be sustained through a quicker rollout of vaccinations, the implementation of targeted containment measures, as well and continued injection of stimulus.
