ASEAN+3 growth forecast for 2024-25 remains at 4.4 % and 4.3 % (AMRO)
AMRO maintains ASEAN+3 growth at 4.4% for 2024-25, driven by exports and tourism recovery. Inflation expected to moderate, but U.S. risks and geopolitical tensions remain. Policy measures needed for resilience.
Has Thailand become the sick man of Asean
Thailand's economic growth has been hampered by political crises and poor management. Budget delays and structural issues have led to sluggish growth, with the...
Philippines Signs Second Protocol of ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA)
Philippines ratified Second Protocol of AANZFTA to boost trade, investment, and align with ASEAN's economic goals, modernizing the agreement.
An Overview of the 2024 ASEAN-Australia Special Summit
Australia commemorates 50 years of partnership with ASEAN, focusing on key sectors like agriculture and digital economy to enhance trade.
PM Srettha urges ASEAN to hike minimum wages
Thai PM Thavisin urged ASEAN to stop using low labor cost as incentive for foreign investments, lift minimum wages, and focus on clean energy...
Thailand’s potential economic growth to be the lowest among ASEAN economies
Thailand's economic growth expected to be lowest in ASEAN due to aging population, decreased investment, and low productivity. Structural reforms needed.
Thailand, ASEAN, Italy to boost economic ties, with SDGs as focus
7th High-Level Dialogue on ASEAN-Italy Economic Relations strengthens ties through discussions on supply chain, climate change, and digitalization.
ASEAN to Increase Local Currency Transactions, Reduce USD Reliance
ASEAN members have agreed to promote the use of local currencies in transactions and improve regional payment connectivity in an effort to move away...
