The Asian Development Bank’s Asian Development Outlook highlights positive growth for ASEAN economies, projecting an increase of 4.7% in 2024. This marks an upgrade from the previous forecast of 4.5%.
The report emphasizes the resilience and potential of the region’s economies, driven by various factors including trade and investment recovery.
However, it also notes that specific countries, like Thailand, may face challenges, leading to varied growth rates within the ASEAN framework. Overall, ASEAN remains an important focal point for regional economic development and collaboration.
Source link : Thailand Lags Behind ASEAN in 2025 Growth Forecast: ADB
