Key facts
- Watanabe said AI will boost intra-regional trade and investment across the ASEAN+3 group.
- Watanabe said the private sector is driving closer regional economic ties.
- Watanabe spoke in Bangkok, where the IMF and World Bank held annual meetings on October 14.
The artificial intelligence boom is accelerating economic integration across Southeast Asia, China, Japan and South Korea, the head of the ASEAN+3 Macroeconomic Research Office said, according to Nikkei Asia. AMRO Director and CEO Yasuto Watanabe said the technology will boost trade and investment within the region and that the private sector is driving the closer ties.
Watanabe spoke in Bangkok, where the International Monetary Fund and World Bank held their annual meetings on October 14. The ASEAN+3 group brings together the 10 members of the Association of Southeast Asian Nations with China, Japan and South Korea.