Global Woes Cast Shadow over ASEAN+3 Growth
The ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region.
The ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region.
Lao PDR’s economy is expected to recover gradually from the pandemic crisis, expanding by 3.5 percent in 2022.
Lao PDR’s economy is expected to recover gradually from the pandemic crisis, expanding by 3.5 percent in 2022.
Malaysia has recovered strongly from the COVID-19 disruptions of the past two years.
Thailand’s recovery is gaining momentum on the back of strengthening domestic demand and a stronger rebound in tourist arrivals.
Hong Kong’s economy is recovering and macroeconomic fundamentals remain strong, despite the heavy blow of a fifth wave of COVID-19.
Watch the highlights from AMRO’s 2022 Annual Consultation Report on Malaysia. AMRO forecasts Malaysia’s GDP to grow 6% in 2022 on the back of strong rebound in private consumption and…
The Cambodian economy has been resilient. The early lifting of COVID-19 restrictions boosted domestic activity while strong external demand supported its recovery in the first half of 2022. As the economy recovers and COVID-19 becomes endemic, it will be vital to refocus policy toward structural reforms that will help improve the long-term growth potential of the economy.
Protected by its high vaccination rate, continuing nationwide inoculation program, and adequate healthcare capacity, Malaysia has progressively reopened its economy despite the resurgence of infections by the Omicron variant in early 2022. Economic growth should firm up further with the country’s transition to the endemic phase of COVID-19 from the beginning of April.
The Malaysian economy is recovering strongly from the COVID-19 disruptions in 2021 and early 2022.