The Brunei economy recovered in 2019 and the recovery is expected to continue in 2020 amid a sharp slowdown in the global economy, according to the 2019 Annual Consultation Report on Brunei Darussalam published today by the ASEAN+3 Macroeconomic Research Office (AMRO).
Blessed with an abundance of natural resources, Lao PDR’s energy and mining sectors are among the key pillars of the country’s economic development.
Growth in service exports helped support the ASEAN+3 region’s external sector during the US-China trade conflict, remaining positive, while goods exports dropped.
Presentation for the ASEAN+3 Regional Economic Outlook 2020 media briefing.
The COVID-19 pandemic continues to cast a long, dark—and uncertain—shadow over the outlook for growth, having wreaked havoc on the global economy since February 2020.
The Update of the ASEAN+3 Regional Economic Outlook (AREO) provides updates on regional economic developments to supplement the annual AREO, which is published in the second quarter of the year.
Lao PDR’s growth in 2020 is expected to slow sharply due to the economic fallout from the COVID-19 pandemic, requiring strong government action to safeguard public health and to support the economy.
Lao PDR’s GDP growth in 2020 is expected to slow sharply due to the economic fallout from the COVID-19 pandemic.
Hong Kong’s[1] economy and financial system have remained resilient despite pressures from the U.S.-China tensions, the social unrest in the second half of 2019, and the COVID-19 pandemic.
In this podcast, Dr. Hoe Ee Khor, Chief Economist of the ASEAN+3 Macroeconomic Research Office (AMRO) discussed AMRO’s role in safeguarding macroeconomic and financial stability, as well as the pandemic responses of ASEAN+3 economies with Development Bank of Singapore (DBS) Chief Economist Taimur Baig. Dr. Khor acknowledged the challenges policymakers face in enacting policies to support the economy.
