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Analysts noted that the 51st ASEAN Economic Ministers meeting, held in Bangkok from Sept 6 to 11, comes at a time that the region faces the economic uncertainties due to the trade tensions between the United States and China, the United Kingdom's exit from the European Union, and weakness in both global investments and consumer demand.

And ``it’’ is more opportunities for sustainability projects and a national commitment.

Analysts said the country is heading in a dangerous direction and is seeking new defense capabilities that exceed the limits of its pacifist Constitution.

Analysts, though, cautioned about the risks to the above forecasts, such as a possible lingering of the global pandemic, weaker-than-expected economic recovery and an outflow of foreign capital upon central banks' future exits from aggressive monetary easing.

Analysts say the mild inflation leaves ample room for the government's macro policy maneuvers.