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

Online spend in South-east Asia to outpace growth of digital consumers threefold

ONLINE spend in Southeast Asia is projected to outpace the growth of digital consumers by a factor of three, with clothing and personal care...

Asean stands to gain from falling PE valuations: report

This comes as China's private equity activity is likely to remain subdued amid ongoing trade tensions

Smart data in the age of big data

BIG data has become the trendy buzzword in tech as of late, some even characterising it as the “oil of the modern era”. The combination of rapidly...

Supply-chain shifts to Asean now led by new capacity: Citi

Previously, supply chain shifts were more likely to involve production shifts to existing Asean facilities

Non-metro areas in South-east Asia to drive the next phase of Internet economy growth

Even as more than half of South-east Asia's Internet economy is made up by seven metro areas, there are clear signs that Internet economy players...

Trade disruption: will Southeast Asia benefit?

When the US-China trade tensions started, many companies drew up contingency plans with hopes that these need not be activated. They did not want...