The Myanmar’s economy grew by 6.8 percent in FY2017/18 and is expected to expand 7.4 percent in the new FY2018/19 starting on October 1, supported by sustained foreign direct investment inflows, improving investor sentiment, and continuing strong growth in garment exports and domestic consumption.
Indonesia’s economic fundamentals remain robust with growth projected to continue picking up in 2018, according to the 2018 Annual Consultation Report on Indonesia published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.
The Indonesian economy has been resilient against external headwinds, with growth projected to pick up to 5.2 percent and inflation contained within the target band in 2018.
The U.S. economy remains robust as favourable fundamentals continue to support near-term expansion.
Myanmar’s economy was on a gradual recovery path in Fiscal Year (FY) 2017/18 driven by expanding public spending and exports, after slowing down in the previous year.
The U.S. economy continue to grow robustly in the third quarter of 2018 (Q3), with the August jobs report pointing to the fastest annual wage increases since 2009.
Myanmar’s economy was on a gradual recovery path driven by expanding public spending and exports while inflation moderated in fiscal year (FY) 2017/18, after slowing down in the previous FY.
Thailand growth continues to gain traction, driven by strong exports and tourism. Headline inflation has continued to inch up, although it remains low. The external position remains strong, underpinned by the sizeable current account surplus and substantial international reserves.
The Thai economy continues to gain traction, with growth expected to increase from 3.9 percent in 2017 to 4.4 percent in 2018,[1] mainly driven by strong exports and tourism.
Cambodia’s economy is expected to continue its strong growth momentum in 2018, supported by robust construction activities, strong rebound in garment manufacturing, and solid growth in tourism-related services.
