Monthly Regional Update (March 2021)

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Monthly Regional Update

Monthly Regional Update (March 2021)

15 March 2021

Regional Economic and Policy Developments in March


 

ASEAN’s vaccination program gives hope; Indonesia and Vietnam would lead the region with clear schedule


 

Cambodia: Infrastructure projects will play a key role in facilitate growth and help improve competitiveness


 

Lao PDR is likely to face a deterioration in external stability; more difficulties to meet external debt obligations


 

Myanmar’s exports would face more downside risks amid growing chaos in major border towns


 

Vietnam’s exports grow strongly in Jan-Feb; outlook is promising as broadening FTAs help diversify markets


 

Indonesia continues to ease fiscal and monetary policies to promote domestic spending


 

Philippines’ bond yields spike amid inflation concern but interest rates would remain low given still-weak demand


 

 

 

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