Investment Monitor guide to the Asean member countries is essential for anyone establishing operations in Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. By Naomi Davies
The Association of South East Asian Nations (Asean) has been in place for more than 50 years to promote economic and political cooperation between its member states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
According to the Asean Development Outlook report, the combined GDP of the ten countries reached $3.2trn in 2019, making the bloc the world’s fifth-largest economy. Through its coordinated Covid-19 recovery plans and other key developments, it is predicted to become the fourth largest by 2030.
