Korea: Expansionary Fiscal and Monetary Policies to Support Growth amid Heightened External Headwinds

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.

Continue ReadingKorea: Expansionary Fiscal and Monetary Policies to Support Growth amid Heightened External Headwinds

COVID-19 to Shave Off 0.1%-0.3% in Growth of ASEAN+3 Region

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.

Continue ReadingCOVID-19 to Shave Off 0.1%-0.3% in Growth of ASEAN+3 Region

Cambodia: Addressing Structural Challenges is Essential to Enhance Resilience and Long-term Growth Potential

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).

Continue ReadingCambodia: Addressing Structural Challenges is Essential to Enhance Resilience and Long-term Growth Potential

5 Things You Need to Know about ASEAN+3’s Economic Outlook in 2020

  • Post author:
  • Post category:Blogs

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.

Continue Reading5 Things You Need to Know about ASEAN+3’s Economic Outlook in 2020

Indonesia: Prudent Policy Mix, Infrastructure Investment, and Structural Reforms to Strengthen Resilience and Enhance Economic Growth

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.

Continue ReadingIndonesia: Prudent Policy Mix, Infrastructure Investment, and Structural Reforms to Strengthen Resilience and Enhance Economic Growth