Asia Economy

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As chair of the Association of South-East Nations (ASEAN) in 2020, Vietnam is to steer regional policy under the theme “Cohesive and Responsive”, working to counter threats to multilateralism and free trade.

In 2019 the Philippines saw moderate but steady economic growth, even if it fell short of government targets for the year.

Despite seeing solid growth, 2019 posed some challenges for Myanmar, as the country continued with plans to liberalise its economy.

Indonesia has sought to stimulate the economy in 2019, with President Joko Widodo, known as Jokowi, outlining significant growth plans after securing his second term in office.

A rebound in the mining and resource industries helped drive stronger economic growth in Papua New Guinea in 2019, a year which saw Peter O’Neill’s eight-year tenure as prime minister end.

 

How would you characterise Myanmar’s overall business and investment environment?

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