ASEAN+3 Economic Resilience 2025 Drives Regional Stability Amid Global Tensions
ASEAN+3 economies are holding firm amid global uncertainty. The ASEAN+3 Macroeconomic Research Office (AMRO) released its latest Financial Stability Report and Regional Economic Outlook, showing that the region continues to perform steadily despite trade policy shifts and geopolitical risks.
Regional growth is forecast at 4.1 percent in 2025 and 3.8 percent in 2026, marking an upward revision from earlier projections. Strong first-half results and rising export momentum have supported this performance.
AMRO Chief Economist Dong He said the region’s economy remains connected to the global system, but domestic demand and intra-regional trade are helping drive growth. He added that financial systems remain sound, though smaller export-oriented firms face pressure as global trade patterns change.
Rising US tariffs have also created inflation risks that may influence global monetary conditions. The report warns that persistent inflation in the US could impact policy decisions by the Federal Reserve and trigger spillovers worldwide.
Despite these risks, ASEAN+3 economies are better prepared. Strong banking systems, large foreign reserves, and well-managed policies continue to provide stability. Central banks can maintain supportive monetary policies as inflation remains low in most countries.
AMRO noted that targeted support should focus on vulnerable sectors to maintain fiscal space. It also emphasized using macroprudential tools and capital flow management measures to sustain financial stability.
The report highlighted the rapid digitalization of finance as both an opportunity and a challenge. AMRO’s Financial Surveillance Group Head Runchana Pongsaparn said digital innovation is changing financial structures and risk profiles, calling for balanced regulation to promote inclusion without undermining stability.
Dr. He concluded that stronger coordination, transparency, and deeper financial integration would help ASEAN+3 economies transform current challenges into long-term growth opportunities.
