BSP-ADB ASEAN Economic Outlook
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This webinar will examine drivers of growth for ASEAN and selected economies as they navigate the new global order amid higher US tariffs.
Over the past 4 years, ASEAN experienced an average growth of 4.6% despite various external shocks, thanks to strong domestic demand and the recovery of exports and tourism. However, growth prospects have recently deteriorated due to weak external demand, heightened global uncertainty, and a number of domestic challenges.
The September outlook for ASEAN showed a moderate downgrade from April, with US tariffs on ASEAN exports now at the highest rates for Lao People's Democratic Republic and Myanmar at 40%, followed by Brunei Darussalam at 25%, Viet Nam at 20%, and Cambodia, Indonesia, Malaysia, the Philippines, and Thailand at 19%, and Singapore and Timor-Leste at 10%.
In this hybrid seminar, experts will discuss the changes in the outlook and drivers of growth for ASEAN and selected economies in the new global order.
Speakers
- Zeno Ronald R. Abenoja, Deputy Governor, Bangko Sentral ng Pilipinas
- James P. Villafuerte, Regional Lead Economist, ADB
- Laura Britt-Fermo, Deputy Group Head and Senior Economist, ASEAN+3 Macroeconomic Research Office
- Yose Rizal Damuri, Executive Director, Center for Strategic and International Studies
- Milan Thomas, Country Economist, Cambodia Resident Mission, ADB
- Roland Rajah, Director, Lowy Institute, Australia
- Dulce Zara, Principal Regional Cooperation Officer, ADB
