The future growth of ASEAN’s economy heavily relies on its over 71 million micro, small, and medium-sized enterprises (MSMEs) effectively harnessing digital trade. With the region’s digital economy expected to reach $1 trillion by 2030, the success of this transformation depends on long-term collaboration between the public and private sectors. Read more…
Today marks the 57th anniversary of the founding of the Association of Southeast Asian Nations (ASEAN), a milestone celebrated annually as ASEAN Day. Born out of the turbulent post-World War II era and Cold War tensions, ASEAN was established on August 8, 1967, by Indonesia, Malaysia, the Philippines, Singapore, and Read more…
ASEAN is on track to become the world’s fourth-largest economy by 2030, rising from its current position as the fifth-largest. According to ASEAN Economic Community (AEC) Deputy Secretary-General Satvinder Singh, the region’s GDP surged by 51%, reaching $3.8 trillion in 2023 compared to $2.5 trillion in 2015. This impressive growth Read more…
