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ADB identifies 5 sectors to help ASEAN+3 in post-pandemic growth

ASEAN+3. Joint webinar of Asian Development Bank (ADB) and Association of Southeast Asian Nations (ASEAN)+3 Macroeconomic Research (AMRO) on Friday (May 13, 2022). The ADB identifies tourism, agro-processing, garments, electronics, and digital trade as new growth drivers for the 10 ASEAN members and China, Japan, and South Korea. (Screenshot from ZOOM meeting) MANILA - The Asian Development Bank (ADB) has identified five key sectors that will propel post-coronavirus disease 2019 (Covid-19) economic growth for Association of Southeast Asian Nations (ASEAN)+3 countries, including the Philippines. In a joint webinar of the ADB and ASEAN+3 Macroeconomic Research (AMRO) on Friday, ADB Southeast Asia Department senior economist James Villafuerte said the sectors of tourism, agro-processing, garments, electronics, and digital trade will be the new drivers for growth for the 10 ASEAN member states, China, Japan, and South Korea. Villafuerte said ASEAN+3 countries have to address challenges in

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