The region is a melting pot of ethnic groups, religions, languages, literature, music, festivals and art. The ASEAN region has a diverse cultural heritage with the mingling of ethnic groups, religions and languages. While there is great diversity manifested in language, religious rituals and cultural practices,...
ASEAN hosts some of the world’s most interesting, safe and global cities, which are a big draw for expats. The ASEAN region has some of the world’s most liveable cities as voted through several global rankings. From Singapore to Bangkok, Ho Chi Minh, Jakarta, Kuala Lumpur,...
Some of the countries in the region have best tackled the Covid-19 situation globally. In ASEAN, Vietnam has had one of the best responses to the Covid-19 pandemic, earning global respect. The effective and early management of the public health crisis puts the country in a better...
The trade bloc is almost entirely a duty-free region for most products. ASEAN member countries have made significant progress in lowering intra-regional tariffs through the Common Effective Preferential Tariff (CEPT) scheme for AFTA. More than 99% of the products in the CEPT Inclusion List (IL) of...
Region offers huge potential for global online service providers. With a potential customer base of more than 650m people, the ASEAN region holds great promise for global digital platform providers as online access and incomes steadily rise in the region. Mobile-broadband subscriptions and internet usage now...
Despite the advantages, several Western companies fail to get a toehold in ASEAN. For all its attractions, many European and American companies who enter ASEAN markets fail. Many of them are unable to make headway in the chaotic markets in Asia. They do not take the...
ASEAN member countries complement each other in supporting investors. ASEAN is committed to an excellent investment climate for businesses. Aside from each ASEAN countries’ individual initiatives, the region offers an investment framework aimed at enticing investors and helping those doing business in the region. Newer member...
ASEAN economies, poised for robust recovery with 6% real GDP in 2021, as per GlobalDataGrowing , confirms that ASEAN has a lot to offer to the global investors. With a population of over 655 million, GDP at US$ 3 trillion and GDP per capita at US$4849 according to TradingNomics's...
The ASEAN Economic Community is collectively the 7th largest economy in the world and is building stronger networks The establishment of the ASEAN Economic Community (AEC) in 2015 was a major milestone in the regional economic integration agenda in ASEAN, offering opportunities in the form of...
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