An Introduction to Doing Business in ASEAN 2022, the latest publication from Dezan Shira & Associates is out now and available for download through the Asia Briefing Publication Store.
The Association of Southeast Asian Nations (ASEAN) was established in 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand to accelerate economic growth and social development in the region. Brunei Darussalam joined in 1987, Vietnam in 1995, Lao DPR and Myanmar in 1997, and Cambodia in 1999.
ASEAN is home to more than 600 million people (larger than the EU and North America) and has the third-largest labor force behind India and China.
Since its inception, the bloc has seen growth in myriad sectors, such as manufacturing, retail, transportation, and telecommunications. The bloc is expected to become the world’s fourth-largest economy by 2030 with domestic consumption expected to reach…
