Developing Asean’s economic ideals

AS a 51-year-old regional alliance, Asean’s reputation precedes itself, especially on the security and diplomatic fronts. But there is a massive and somewhat untapped economic potential which its members should capitalise on as a major producer of global goods.

Studies done by several prominent institutions have highlighted the possibility of Asean being one of the top labour markets by the year 2050 behind China and India.