Asean offers silver lining for logistics players as global trade slows

Singapore

SOUTH-EAST Asia has emerged as a key investment target for logistics players as US-China trade tensions reroute the flow of goods and services in the region.

Take for instance Janio, which offers international e-commerce shipping services to and throughout South-east Asia. The startup is enjoying double-digit, month-on-month percentage growth in volume trade flowing into Asean from the north.

Co-founder and chief operating officer Syed Ali Ridha Madihid noted that focus has shifted to the South-east Asian market, predominantly the "big six" of Indonesia, Thailand, Philippines, Vietnam, Malaysia and Singapore.

"Indonesia, Thailand and Philippines lead the way with regards to being a huge destination market, with Vietnam gathering pace. However interestingly enough, other than being importing countries, these countries are also starting to …