AMRO’s 2019 Annual Consultation Report on Korea
After a moderation in 2019, Korea’s economic growth is expected to pick up to 2.2* percent in 2020, supported by a rebound of demand for memory chips led by 5G installation in many countries.
After a moderation in 2019, Korea’s economic growth is expected to pick up to 2.2* percent in 2020, supported by a rebound of demand for memory chips led by 5G installation in many countries.
The Korean economy slowed down in 2019 amid headwinds from global trade tensions and a synchronized global economic slowdown, according to the 2019 Annual Consultation Report on Korea published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.
AMRO Chief Economist Dr. Hoe Ee Khor speaks with ABS-CBN News (ANC) on the ASEAN+3 regional growth outlook following the outbreak of the coronavirus. He expects the virus to shave 0.1 to 0.3 percentage points off regional growth with the hospitality, retail, and services industries experiencing the most impact. Click here to watch the interview.
Amid stronger external headwinds, Cambodia’s economy is projected to remain robust in 2019 and 2020 with relatively low inflation rate, according to the 2019 Annual Consultation Report on Cambodia published today by the ASEAN+3 Macroeconomic Research Office (AMRO).
Amid stronger external headwinds, Cambodia’s economy is projected to remain robust in 2019 and 2020 with relatively low inflation rate.
Will 2020 prove to be another challenging year for the region’s economies, or is a silver lining beginning to emerge amid moderating headwinds? What will be the main risks to growth and possible mitigating factors in the coming months? As we usher in the New Year, let’s take a look at the key trends that will shape the regional economic outlook in 2020 and beyond.
Indonesia’s economic prospects have been solid despite external headwinds, supported by a large-scale infrastructure investment program and the continuation of structural reforms, according to the 2019 Annual Consultation Report on Indonesia published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.
Indonesia’s economic prospects have been solid despite external headwinds, supported by a large-scale infrastructure investment program and the continuation of structural reforms.
Thailand’s economy is projected to slow from 4.1 percent in 2018 to 2.7 percent in 2019 and 3.1 percent in 2020, due to a decline in exports amid U.S.-China trade tensions, as well as a slowdown in private investment.
Thailand’s economy is projected to slow from 4.1 percent in 2018 to 2.7 percent in 2019 and 3.1 percent in 2020, due to a decline in exports amid U.S.-China trade tensions, as well as a slowdown in private investment.