PHNOM PENH: Amid strong domestic demand, moderate inflation and continuing improvements in trade, the Asean+3 region – encompassing the 10 bloc members and China, Japan and South Korea – is expected to maintain robust economic growth this year despite uncertainties in the global outlook.
The Singapore-based Asean+3 Macroeconomic Research Office (AMRO) has projected a growth forecast of 4.5% for the Asean+3 region in its January quarterly update of the Asean+3 Regional Economic Outlook (AREO), released last week.
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