What is ASEAN? | World Economic Forum
ASEAN was founded half a century ago in 1967 by the five Southeast Asian nations of Indonesia, Malaysia, Philippines, Singapore and Thailand. This was during the polarized atmosphere of the Cold War, and the alliance aimed to promote stability in the region. Over time, the group expanded to include its current 10 members.
What we’ve achieved and the challenges ahead – 50 years of ASEAN
Nov 14, 2017 · ASEAN also needs to figure out how to navigate the arriving technological disruptions. The ongoing Fourth Industrial Revolution comprised of automation, digitization, cloud computing and the internet of things could bring about much needed benefits to the region in the form of better jobs, more connectivity, improved services like healthcare ...
Achieving a just and responsible energy transition in ASEAN
Jan 16, 2024 · The energy transition is expensive. ASEAN states need to prioritize unlocking investment and mobilizing funding to de-risk investment areas that are deemed unattractive by private investors such as early retirement of coal plants and grid infrastructure development, which are capital-intensive and unlikely to be profitable undertakings.
The 'ASEAN way': what it is, how it must change for the future
Sep 8, 2018 · The ASEAN Economic Community (AEC) launched in 2016 is far from the envisaged single production base articulated in the 2007 ASEAN Charter. Our expectations for the future have changed dramatically with the onset of the Fourth Industrial Revolution, which is driven by technologies that blur the distinction between the digital and physical world.
How South-East Asian countries can cooperate to enhance energy ...
Jul 3, 2024 · The ASEAN energy landscape is diverse, with each nation having unique resources, but this fragmentation hinders progress toward a sustainable energy future. The ASEAN Leaders for Just Energy Transition (ASEAN JET) community, with over 20 CEO members across sectors in South-East Asia, is poised to play a pivotal role in uniting business leaders ...
Davos 2023: ASEAN officials promote positive economic outlook
Jan 18, 2023 · The optimism—particularly among the Association of Southeast Asian Nations (ASEAN) countries—was showcased throughout the World Economic Forum’s Annual Meeting 2023 in Davos, Switzerland. “We are confident, if you can play a role like this, that ASEAN becomes the centre of economic growth in the region,” said Luhut B. Pandjaitan, the ...
What you need to know about the ASEAN Economic Community
May 31, 2016 · Only 50% of ASEAN businesses have utilized tariff reductions set out in the ASEAN’s regional free trade agreement (FTA). And although tariffs are in decline, non-tariff measures – health and safety regulations, licences and quotas – …
Future of Consumption in Fast-Growth Consumer Markets: ASEAN
Jun 5, 2020 · This report sheds light on one of the fastest-growing economic regions in the world - ASEAN. The report highlights the most significant implications for businesses that aim to thrive in the ASEAN economies over the next decade. It also lays out a call to action for all stakeholders in ASEAN’s growth to build an inclusive future for the region in a post-COVID world.
The ASEAN region is the world's economic dark horse. Here's why
Aug 22, 2023 · To ensure regional integration, ASEAN’s innovation efforts are focused on sustainable development, enhancing trade facilitation, and cross-ASEAN talent exchange. When looking at drivers of economic growth, ASEAN is a region sometimes overlooked for its potential and overshadowed by economic powerhouses such as China and the United States.
7 key challenges for the future of ASEAN | World Economic Forum
Aug 29, 2018 · ASEAN member states span a wide spectrum of income levels, ranging from Singapore’s GDP per capita of $57,714 to Cambodia’s $1,384 and Myanmar’s $1,298 in 2017. In recent years, lower-income states have made important gains. However, regional economic gains have fallen short of erasing significant differences among ASEAN member states.
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