Asean

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With the establishment of the Asean Economic Community (AEC) in 2015, a key milestone in the region's economic integration, Asean now offers the opportunities of a US$2.4 trillion market with over 630 million people. As at 2016, the AEC as a collective was the third largest economy in Asia and the sixth largest in the world.

MAIN LANGUAGES

Standard Malay (official)

English (business)

Chinese

POPULATION

423,200 (2016)

LAND AREA

CAPITAL

Bandar Seri Begawan

CURRENCY

Brunei Dollar (BND)

GDP PER CAPITA ( in US$, adjusted for purchasing power parity )

 

TIME ZONE

GMT +8

EASE OF DOING BUSINESS

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LATEST UPDATES

New regional cybersecurity centre set up to counter threat of cyberattacks

AMID the mounting threat of cyberattacks, Asean countries will collaborate more to bolster the region's defences against online threats through...

Asean needs to hasten digital integration

SOUTH-EAST Asia must pick up the pace on digital policy even as the region presses on with initiatives for trade and e-commerce in the Asean Economic...

Asean set to tap on opportunities from 4th Industrial Revolution: PM Lee

ASEAN is in a good position to seize the opportunities that the Fourth Industrial Revolution will bring, and is already taking steps to do so, Prime...