Regional Knowledge Hub
ASEAN+3 Finance Process

ASEAN+3 Macroeconomic Research Office

ANNUAL CONSULTATION REPORT

AMRO’s 2025 Annual Consultation Report on Cambodia

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PRESS RELEASE

Cambodia: Building Economic Resilience Amid Uncertainty and Global Trade Tensions

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BLOG

China’s Banking Landscape: Strong Foundations and Emerging Vulnerabilities

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BLOG

ASEAN+3 in an Age of Global Uncertainty

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Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – July 2025
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Contributing to the macroeconomic and financial resilience and stability of the ASEAN+3 region

About AMRO
Videos
Watch: Is Declining FDI into China a Cause for Concern?
The flow of foreign direct investment into China has declined significantly in recent years. However, a deeper examination of the data shows the situation is more nuanced than it appears.
Blogs
Beyond Crises, Growing Together: Evolving ASEAN+3 Financial Cooperation as a Living Institution
ASEAN+3 cooperation goes beyond crisis preparedness. It has shown institutional learning and the capacity to adapt.
Policy Perspectives
Powering Payments: The Role of Technology in ASEAN’s Regional Payment Connectivity Initiative
This paper examines the role of technological advancements in driving the progress and recent expansion of the RPC initiative.

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook Update - July 2025

US Tariffs Cloud ASEAN+3 Outlook; Regional Integration Gains Urgency

In the July 2025 update of the AREO, AMRO forecasts the ASEAN+3 region to grow at region to grow at 3.8 percent in 2025 and 3.6 percent in 2026. Reflecting heightened global uncertainties, particularly the evolving US tariff measures, the growth forecasts represent a downward revision from AMRO’s April projections of 4.2 percent in 2025 and 4.1 percent in 2026 which did not include the impact of then newly-announced US tariffs.

Inflation in the region continues to moderate, despite a temporary spike in oil prices driven by Middle East tensions.

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Publications and Blogs

Annual Consultation Reports
AMRO’s 2025 Annual Consultation Report on Cambodia
Cambodia’s economy faces increased uncertainties, mainly driven by external factors, alongside emerging challenges within the domestic financial sector.
Blogs
China's Banking Landscape: Strong Foundations and Emerging Vulnerabilities
China’s banking system remains relatively solid due to stricter regulations.
Blogs
ASEAN+3 in an Age of Global Uncertainty
As the international economic order continues to fragment, ASEAN+3 countries must build collective resilience by fostering regional integration.

News and Media

Get the latest updates on ASEAN+3 macroeconomic and financial developments and learn more about AMRO’s activities.

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Press Releases
Cambodia: Building Economic Resilience Amid Uncertainty and Global Trade Tensions
Cambodia’s economy is projected to moderate in 2025 and 2026 following the 6.0 percent expansion in 2024.
Press Releases
Clarification on Recent Media Coverage of AMRO’s Annual Consultation Report on Indonesia
AMRO urges stakeholders to refer directly to the official report and press release for accurate and balanced insights.
Videos
Watch: Powering Cross-border Payments in ASEAN
Technology have significantly enhanced cross-border payments, paving the way for financial inclusion and economic integration in ASEAN.
Events
13TH OECD-AMRO-ADB-ADBI-ERIA Asian Regional Roundtable on New Frontiers

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