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

Forecasts lowered for some Asean+3 markets: report

Of the Asean economies, Singapore saw the largest downgrade

Singapore top choice for Asean talent: survey

But Singaporean jobseekers are less keen to work in the region

How can blockchain help create better public services?

Blockchain can be hard to grasp and, despite popular belief, it is more than just cryptocurrency. It is the technology that enables it and it’s...

7 steps for SMEs looking to embark on digital transformation

Small and medium enterprises across Southeast Asia are looking to invest in digital technologies within the next three years as the key enabler to...