Combined, ASEAN forms one of the fastest growing economic powerhouses and is one of the world’s top five economies, behind the US, EU, China and Japan.
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The establishment of the ASEAN Economic Community (AEC) in 2015 and ASEAN’s focus on free trade agreements (FTAs) enhance the region’s competitive advantage as a premier destination for trade and investment from companies around the world. Find out more by downloading the full report.
At HSBC, we have been helping businesses create opportunities in new places and helping new relationships flourish for over 130 years. Our selection of articles and videos in partnership with The Economist Group respond to potential opportunities by examining a sample of key initiatives and emerging themes.
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References for figures displayed in HSBC advertisements in Bloomberg sites:
ASEAN’s digital economy is set to double to over USD350 billion by 20251
ASEAN is thriving as the world’s fastest growing trade bloc2
A greener ASEAN offers a trillion-dollar opportunity by 2030 3
1 https://www.bloomberg.com/news/articles/2021-11-10/southeast-asia-internet-economy-to-surge-to-363-billion-by-2025
2 HKTDC Research ASEAN: Market Profile, 2021, ISEAS
3 https://www.bain.com/insights/southeast-asias-green-economy-pathway-to-full-potential/