May 9, 2017 · ASEAN was founded half a century ago in 1967 by the five Southeast Asian nations of Indonesia, Malaysia, Philippines, Singapore and Thailand. This was during the polarized atmosphere of the Cold War, and the alliance aimed to promote stability in the region. Over time, the group expanded to include its current 10 members.

Jun 5, 2020 · This report sheds light on one of the fastest-growing economic regions in the world - ASEAN. The report highlights the most significant implications for businesses that aim to thrive in the ASEAN economies over the next decade. It also lays out a call to action for all stakeholders in ASEAN’s growth to build an inclusive future for the region in a post-COVID world.

Jan 16, 2024 · The energy transition is expensive. ASEAN states need to prioritize unlocking investment and mobilizing funding to de-risk investment areas that are deemed unattractive by private investors such as early retirement of coal plants and grid infrastructure development, which are capital-intensive and unlikely to be profitable undertakings.

Nov 17, 2023 · Unlocking ASEAN’s outstanding potentialWith 630 million people and economic growth averaging 5% per annum, ASEAN stands out as one of the world’s most exciting regions. Significant work is, however, needed for the region to realize its full potential.Regional AgendaThe ASEAN regional community has identified the following priorities:- Understanding the impact of …

Aug 22, 2023 · To ensure regional integration, ASEAN’s innovation efforts are focused on sustainable development, enhancing trade facilitation, and cross-ASEAN talent exchange. When looking at drivers of economic growth, ASEAN is a region sometimes overlooked for its potential and overshadowed by economic powerhouses such as China and the United States.

Oct 10, 2023 · In the ASEAN region innovative initiatives and social enterprises are taking charge of bold transformations: Bye-Bye Plastic Bags; Plastic Tides Philippines; Second life; and Octopus are a few examples of how the problem of plastic pollution can be tackled from different angles. These include clean-ups; awareness-raising campaigns; and ...

Aug 29, 2018 · ASEAN member states span a wide spectrum of income levels, ranging from Singapore’s GDP per capita of $57,714 to Cambodia’s $1,384 and Myanmar’s $1,298 in 2017. In recent years, lower-income states have made important gains. However, regional economic gains have fallen short of erasing significant differences among ASEAN member states.

May 11, 2017 · While ASEAN celebrates diversity, we need to be united and anchored as one ASEAN identity to meet the challenges of an uncertain future. Developing a common bond requires building cross cultural competency, and can start from the school curriculum by learning about history, food and the culture of countries around us.

Nov 17, 2023 · This first-of-its-kind ASEAN cross-border linkage provides a blueprint for connecting real-time payment infrastructure across the region. The value of gross digital payments across the six largest ASEAN economies reached $806 billion in 2022, up 14% year on year, and is forecast to rise to close to $1.2 trillion by 2025.

May 31, 2016 · Only 50% of ASEAN businesses have utilized tariff reductions set out in the ASEAN’s regional free trade agreement (FTA). And although tariffs are in decline, non-tariff measures – health and safety regulations, licences and quotas – …