ASEAN navigates steady growth amid near-term risks

With the global economy picking up, prospects for the ASEAN region look good. But uncertainties remain, particularly surrounding the prospects for oil prices and the US economy.

Guide to Asean Securities

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The coast is relatively clear for regional economies. The solid growth forecast is anchored by a recovery of the global tech sector and the sustained pace of domestic demand growth. Export growth has already been picking up across the region, underpinned by the improving global economic conditions. Interest rates are expected to peak in the first half of 2006 for some countries.

A turning point is in store for regional currencies after uninspiring performance in 2005.

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