Asean: The next horizon
Region has immense potential despite challenges, uneven progress among member nations.
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
There has been a flurry of activity around the Asian region with the establishment of trade agreements, new financial institutions and geopolitical developments.
It is perhaps understandable then, that the role of the Association of Southeast Asian Nations (Asean), has receded somewhat. But it would be a mistake to leave it there. ANZ Research's new report, Asean: The Next Horizon, re-emphasises the enormous potential of the regional grouping. Indeed, that potential is greater than is commonly understood. Singapore is at the centre of that shift.
At the heart of the Asean opportunity is greater integration through the creation of a single market and production base. During the next 10 years, we expect Asean to replace China as the world's manufacturing hub and to become the fifth largest economy in the world by the end of the decade.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
