openPR Logo
Press release

Impact of COVID-19 on ASEAN Economy Size, Share & Industry Report To 2025

04-28-2020 01:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

ASEAN is a group of ten countries in Southeast Asia with an aim to promote intergovernmental corporation between each other in the region. Any of the countries of the ASEAN has not been affected similarly to the US, China, or a European country due to coronavirus, however; considerable increment in the number of infected people has been witnessed in the region in March 2020. Malaysia, a country with a population of 32 million has registered more than 3,600 by 6th April 2020. Indonesia is the fourth most populated country across the globe and due to this, it is highly vulnerable to the COVID-19 pandemic. By far, around 2,300 cases have been registered in the country. Besides, Singapore has registered around 1,300 cases by 6th April 2020.

Request a Free Sample of Our Report on Impact of COVID-19 on ASEAN Economy: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-asean-economy

After a sudden spike in cases related to coronavirus, a lockdown was imposed in Malaysia for two weeks on 18th March 2020. On 25th March 2020, the lockdown was extended till 14 April. However, the Indonesian government is not in favor of any lockdown until now to restrict the spread of the pandemic. Instead, the government has opted for the route of large scale social distancing. The country has also announced an emergency fund of .5 billion for social assistance and subsidies for low-income workers. Vietnam, one of the top exporters of electric equipment and clothing, has not witnessed a significant number of cases related to coronavirus however the country will witness a downfall of its exports due to global pandemic spread.

A Full Report of Impact of COVID-19 on ASEAN Economy is Available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-asean-economy

The key companies operating in ASEAN getting affected by the COVID-19 pandemic include AirAsia Berhad, Airports of Thailand Public Co. Ltd., Indorama Ventures Public Co. Ltd., Singapore Airlines Ltd., The Siam Cement Group Public Cp. Ltd., Wilmar International Ltd. and so on.

Segmentation

Automotive
Energy
Healthcare
Retail & E-commerce
Agribusiness and Food
Aviation
Construction
Manufacturing
Travel and Tourism
Others (Electronics, ICT)

Regional Analysis

Thailand
Malaysia
Singapore
Rest of ASEAN Countries

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-asean-economy

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Impact of COVID-19 on ASEAN Economy Size, Share & Industry Report To 2025 here

News-ID: 2027467 • Views: 318

More Releases from Orion Market Research

Histology and Cytology Market Size, Share, Trends, Analysis and Forecast 2019-20 …
The global histology and cytology market is estimated to grow at a significant CAGR of nearly 13.0% during the forecast period. Rising prevalence of cancer and infectious diseases have led the demand for innovations in the anatomical pathology solutions for more accurate screening and diagnosis of the condition. As a result, several companies are focusing on strategic initiatives such as mergers and acquisitions, product launches, and partnerships and collaborations to
Bone Morphogenetic Protein (BMP) Market Growth, Size, Share and Forecast 2019-20 …
The global bone morphogenetic protein (BMP) market is estimated to grow at a CAGR of nearly 3.0% during the forecast period. Increasing spine injuries are supporting to drive the market growth. Increasing number of road accidents and sports injuries are one of the major causes of spine injuries. As per the data published by the National Spinal Cord Injury Statistical Center, as of 2019, in the US, the annual incidence
Global Online Brand Protection Software Market Trends 2019 | Segmentation, Outlo …
The global online brand protection software market is estimated to grow at a CAGR of nearly 20.0% during the forecast period. The market consists of several small enterprises conducting efforts to make or retain its position in the marketplace.They are focusing on mergers and acquisitions to boost innovations in the sector and expand the range of products associated with online brand protection. Online counterfeiting is increasing across the globe owing
Schizophrenia Drugs Market Size, Share, Growth, Research and Forecast 2019-2025
The global schizophrenia drugs market is projected to exhibit a modest growth, at a CAGR of around 2.7%, during the forecast period. There has been a rise in stress management and mental health awareness initiatives across the globe. The need for these awareness programs is necessary as well due to the increasing level of mental disorders due to high stress in individuals. There are various organizations and educational institutions such

All 5 Releases


More Releases for ASEAN

The 5th ASEAN Energy Outlook: ASEAN is on Track to Reach Their Energy Intensity …
Manila, 28 September 2017 – During the press conference for the 35th ASEAN Ministers on Energy Meeting (AMEM) and Associated Meetings today, ASEAN Centre for Energy (ACE) announced the launch of the 5th ASEAN Energy Outlook (AEO5). The Philippine Secretary of Energy, Alfonso G. Cusi, stated, “The Outlook provides us with pathway to address our long-term goals of achieving energy security, accessibility and affordability within the framework of sustainable development,
ASEAN Confectionery Market to Witness Steady Growth through 2025
ASEAN Confectionery Market Overview Items in confectionery market consists of candies, chocolates, toffees, lollies, bakery items;basically food items that are rich in sugar and sweet content. Mostly confectionery market items consists of food products like butter, cocoa, honey, milk, flour, fruits, honey, nuts, sugar syrup and more. They are consumed globally, mostly by all regions and countries and are expected to grow in developing countries. Confectionery market is growing in mostly
ASEAN Protein Expression Market Analysis, Forecast, and Assessment 2015 - 2025
ASEAN Confectionery Market Overview Items in confectionery market consists of candies, chocolates, toffees, lollies, bakery items;basically food items that are rich in sugar and sweet content. Mostly confectionery market items consists of food products like butter, cocoa, honey, milk, flour, fruits, honey, nuts, sugar syrup and more. They are consumed globally, mostly by all regions and countries and are expected to grow in developing countries. Confectionery market is growing in mostly
ASEAN Automotive Aftermarket to Grow at 9.6% CAGR through 2026
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is predicted to surpass US$ 48 Bn in revenues by 2026 end, increasing at a healthy CAGR of
Research Offers 10-Year Forecast on ASEAN Cosmetic Chemicals Market
The growing beauty products market has been increasing the demand for value-enriched cosmetics. The market is flooded with various cosmetic chemicals. Cosmetic chemicals are the basic ingredients found in cosmetic products including soap, shampoo, lipstick, mascara, deodorants and other beauty products (excluding the products listed under therapeutic goods). At present, various cosmetic business enterprises use more than 5000 different chemical compositions to offer selected cosmetic products. Based on its end
Lanka IOC retains MTI for second phase of ASEAN entry
Lanka IOC, having successfully completed the market mapping of Indonesia and Myanmar for lubricants with MTI Consulting, has now re-appointed MTI to execute the second phase of in-country distribution operations Speaking to media, the Managing Director of Lanka IOC Mr. Subodh Dakwale said "The MTI study has given us the market map and pulse of the lubricant market in these two key emerging markets of Indonesia and Myanmar. We are