Tag page - ASEAN+3 Macroeconomic Research Office (AMRO)

Both public and private investment in the Philippines are being dampened by Washington’s tariff policy and local corruption controversies, raising the risk that the nation’s economic expansion will miss the government’s targets this year and next. According to the ASEAN+3 Macroeconomic...

Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) has projected that the United States (US) tariffs imposed on its trade partners in the region, including the 19-percent duty on the Philippines, will be felt by the end of 2025. Such drag will serve as friction to gross domestic product...

Association of Southeast Asian Nations (ASEAN)+3 policymakers, including the Philippines, are urged to balance near-term spending with long-term fiscal discipline as shrinking fiscal space and rising debt costs stress the need for consolidation to meet climate- and aging-related demands, according...