The near-term economic outlook for the ASEAN region in 2024
remains positive, supported by the continued expansion of domestic
demand in a number of large Southeast Asian economies. Foreign
direct investment inflows are also expected to remain strong, as
multinationals continue to diversify their manufacturing supply
chains towards Southeast Asian industrialized nations.
The ASEAN tourism industry, which is an important part of
the economy for a significant number of nations in the region, is
expected to continue to recover during 2024, as international
tourism flows…