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The economic growth in the Asia-Pacific region experienced a slowdown due to increasing global trade tensions in the second quarter of 2019. Key economies in the region such as China, India, and Thailand have experienced slower than anticipated growth rates, in line with global economic slowdown. In H2 2019, inflationary pressure in the region rema...

The COVID-19 pandemic, the Russo-Ukrainian war, and the Suez Canal crisis have exacerbated existing vulnerabilities in the global supply chain originating from US-China trade tensions, necessitating the building of a more robust and resilient supply chain. While global firms are altering their investment decisions to cushion the blow, the digital p...

Innovations in logistics are aplenty with APAC fueling a lot of this activity from its home ground. From self-running trucks to automated contracts, the supply chain is ripe for innovation and homegrown APAC start-ups are plowing the way. The market is seeing the rise of these new breed of participants along key future themes, including artificial ...

In Q3 2018, regional growth in the Asia-Pacific region remained stagnated at 4.6% with growth expected to remain low during the forecast period. In Australia, GDP growth increased from 2.4% in 2017 to 2.9% in 2018, largely due to increase in business investment and private consumption. Sri Lanka is expected to register 2.9% in Q3 2018, slower than ...

14 Mar 2017  |  Asia Pacific  |  Megatrends

Future of ASEAN, Forecast to 2025

Potential Contribution of the Integration of 10 SEA Nations to Regional Growth and New Opportunities across Sectors

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ASEAN’s GDP is forecast to increase from $2.4 Trillion in 2015 to $5.2 Trillion in 2025, largely due to the ongoing implementation of the AEC. This study examines the potential contributions of this integration to regional growth by analysing the impact of various Mega Trends and expanding on the predictions for each sector. It also analyses the ne...