Thiam Hee Ng is Senior Economist, Office of Regional Economic Integration. He works on financial integration, macroeconomic surveillance, and early warning systems in the Office for Regional Economic Integration of the Asian Development Bank. He manages the Asian Bonds Online web portal and the Asia Bond Monitor, a quarterly report on local currency bond market developments in Asia.
Prior to joining ADB, he worked for the United Nations Industrial Development Organization and the Central Bank of Malaysia.
This brief proposes reforms for five key sectors in Southeast Asia to support the coronavirus disease (COVID-19) economic recovery and drive sustainable, broad-based growth.
This brief outlines how Southeast Asia can focus on green growth to successfully and sustainably recover from the coronavirus disease (COVID-19) pandemic.
This brief explains how big data can be utilized in Southeast Asia to boost public service delivery and expedite the coronavirus disease (COVID-19) recovery.
This brief looks at how Southeast Asian countries can improve tax yields after the coronavirus disease (COVID-19) pandemic.
This brief explores how greater regional cooperation and integration within the ASEAN Economic Community can guard against the effects of global trade uncertainty.
This paper analyzes whether risk-sharing in Asia has improved along with the rise in financial integration.
How will Southeast Asian economies be affected by a further deterioration in conditions in the eurozone? This paper finds that although the direct impacts will be muted, it could trigger a larger adjustment should it lead to a reassessment of risks and asset valuations. This possibility is heightened by increased vulnerability following massive inflows of capital, which can quickly reverse, and build-up of debt. Therefore, regional financial safety nets need to be strengthened urgently to deal with this possibility.
This paper presents evidence of the negative impact government-linked corporations have on private investment in Malaysia due to their dominance over private firms in various sectors.
The resilience of banking systems in Southeast Asia has been a concern since the 2008/09 global financial crisis. A methodology using a macroprudential perspective is used to assess the resilience of the Philippine banking system.
A global vector autoregressive (GVAR) model is used to conduct macroeconomic forecasting for ASEAN-5 countries—Indonesia, Malaysia, the Philippines, Singapore, and Thailand.