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

How Singapore can prepare for its South-east Asian future: Linda Lim

That Singapore's economic future lies with South-east Asia, is not in doubt, says Dr Linda Lim. How then, might Singapore prepare itself for such...

Here's what the ADB predicts for Asean's economies in 2018 and 2019

The Asian Development Bank (ADB) has published its annual Asian Development Outlook report, and along with it, forecasts for the various Asian...

LATEST UPDATES

Asean tourism: room to grow but more needs to be done

Watch out for infrastructure gaps and over-reliance on casinos: report

Full trade war could cut Asia growth by 2pp through 2020: economists

This would be the case even with easier monetary and fiscal policies, said Deutsche Bank Asia economists

South-east Asia a rising star for cross-border deals: Poll

A cool 69 per cent of survey respondents said that their companies were likely to hunt for opportunities in Asean.

Asean region gets more attractive for global factories

SOUTH-EAST Asia is home to some of the world’s cheapest production for global manufacturers, according to a new industry ranking index.

E-payments pave the way for a closer-knit Asean: Report

CASH is still king in South-east Asia, but a slew of digital payment methods could make regional transactions much simpler.

US demand not enough to save Q1 Asean exports

The electronics sector suffered more than others - led by the downturn in semiconductors.