Monthly Regional Update (October 2020)

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Monthly Regional Update

Monthly Regional Update (October 2020)

15 ตุลาคม 2563

Regional Economic and Policy Developments in October

ASEAN economy would contract more-than-expected as extended COVID-19 impact will derail regional recovery


 

ASEAN implements ASEAN Wide Self Certification (AWSC) to promote regional supply chain network

Cambodia extends tax relief and other measures to end-2020; growth would be dragged by GTF and tourism sectors


 

Lao PDR to allow inbound charter flights; new land law to attract foreign investors but growth will remain sluggish


 

Myanmar: COVID-19 to delay recovery despite support from stimulus measures, election, and FDI


 

Vietnam’s GDP expanded by 2.62% YoY in 3Q20, to improve in 4Q20; full-year growth would reach 2.5%-3.0%

 

Indonesia’s government slash 2020 GDP growth projection to between -1.7% and -0.6%


 

Philippines’ GDP to contract sharply in 3Q20 as another  lockdown caps consumption and investment 


 

Philippines’ inflation eased to 2.3% in September, implying more room for further easing of monetary policy 

 
Monthly Regional Update (October 2020)
ประกาศวันที่ : 15 ตุลาคม 2563
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