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

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Go local when expanding into S-E Asia

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Tech change brings about wave of opportunities in S-E Asia

As companies turn to technology to improve their operational efficiency and better serve their customers, South-east Asia offers new opportunities...

Light on the horizon for Asia-Pac airlines: DBS

Earnings for Asia-Pacific airlines should see some recovery in 2020, thanks to a bottoming of the global economy and better supply-demand dynamics...

Higher oil prices to boost Malaysia's growth, hit S'pore: Barclays

But monetary policy in the region is unlikely to be swayed, said the analysts

Asean consumer sector set for soft start to 2020: DBS

Outlook dampened by macro headwinds and weak sentiment