ASEAN+3 Finance Process

AMRO’s 2025 Annual Consultation Report on Korea

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ANALYTICAL NOTE

Local Fiscal Multipliers of Infrastructure Spending in the Philippines: Evidence from Regional Data

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BLOG

Philippines’ Consumer Credit Surge: A Test the System Is Passing—for Now

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Building the Energy Resilience ASEAN+3 Needs

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Korea’s Recovery in a Fractured Global Economy

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One Decade. One Region. One Voice for ASEAN+3

About AMRO
Videos
Watch: AMRO Director/CEO Yasuto Watanabe on AMRO’s First Decade as an International Organization
Blogs
Ten Forces That Will Define ASEAN+3’s Next Decade
Whether the region emerges stronger will hinge on deeper integration and its capacity for resilience and agility.
Annual Consultation Reports
AMRO’s 2025 Annual Consultation Report on China
China's GDP growth is projected at 5.0 percent in 2025 and 4.6 percent in 2026, with headline inflation remaining flat in 2025 and edging up to 0.4 percent in 2026.

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook Update - January 2026

ASEAN+3 Region Expected to Grow at 4.0 Percent in 2026, External Uncertainty Remains Elevated

In the January 2026 update of the AREO, AMRO estimates the ASEAN+3 region to have grown by 4.3 percent in 2025, and projects growth to moderate to 4.0 percent in 2026. Inflation is estimated at 0.9 percent in 2025 and projected at 1.2 percent in 2026, remaining below the region’s long-run average. The region’s solid performance in 2025 was underpinned by less severe tariff outcomes than initially expected, resilient technology export growth, strong investment in ASEAN, and accommodative macroeconomic policies.

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Publications and Blogs

Blogs
Philippines’ Consumer Credit Surge: A Test the System Is Passing—for Now
For consumer lending to continue expanding in a way that preserves financial stability and supports financial inclusion, three key areas of efforts are particularly important.
Blogs
Building the Energy Resilience ASEAN+3 Needs
ASEAN+3 economies stand at the intersection of climate risk, technological change, and geopolitical uncertainty.
Blogs
Korea’s Recovery in a Fractured Global Economy
Looking beyond the immediate recovery, Korea’s long-term growth prospects will depend on its ability to adapt to structural and geopolitical shifts.

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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Events
Launch of the ASEAN+3 Regional Economic Outlook 2026 Report
Join us on livestream. Register now!
Videos
Watch: China’s Two-Speed Economic Recovery
Events
AMRO-CEP-SEACEN High-Level Roundtables
AMRO, the Council on Economic Policies (CEP), and the South East Asian Central Banks Research and Training Centre (SEACEN) jointly convened roundtables for policymakers and thought leaders in financial governance.
Videos
Watch: AMRO Director/CEO Yasuto Watanabe on AMRO's First Decade as an International Organization

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