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ASEAN Forecasts for 1998



The following table shows ASEAN's forecasts with respect to  the member
nations' economy  status for FY 1998.

Sincerely,

Julien Moe
-----------------
ASEAN Forecasts for 1998

COUNTRY GDP Inflation Exports Exports Current 
  Growth (%) (Either US$ (Either US$ Account 
  (%)   Millions or %)2  Millions or %)3  (%) of GDP) 
Brunei Darussalam 4.0 to 5.0 3.0 2,694.62  2,805.09  -4.7  
Indonesia 7.5 to 7.7 6.0 to 7.0 59,000 to 61,000  54,000 to 56,000  (-3.5)
to (-3.7)  
Laos 7 to 7.5 6.0 to 8.0 3.5% 7.5% -10.0  
Malaysia 7.0 3.0 7.7% 7.3% -3.8  
Myanmar 6.4 25.2 966.20  1,819.30  -0.18  
Philippines 5.5 to 6.0 7.0 27.5% 18.1% -4.4  
Singapore 5.0 to 7.0 2.0 to 3.0 11.0% to 13.0% 11.0% to 13.0%  13.0 to 14.0  
Thailand 1.4 to 3.5 7.6 62,800  66,900  -1.4  
Vietnam 9.3 6.0 9,900.0  13,700.0  -10.3  

1 Forecast are as of early November 1997.
2 Percent here refers to percentage growth of exports.
3 Percent here refers to percentage growth of imports 

Source:ASEAN