08 Feb Compelling case for investing in Asean region
An SIIA report was quoted in an article in The Sunday Times (The Straits Times) by Victor Wong, head of Asean equities at UOB Asset Management. An excerpt is below.
With Singapore assuming the chairmanship of Asean this year, we can expect increased discussions locally on how Singapore sees the future of the region.
While many companies here are already seizing cross-border business opportunities, retail investors may be wondering how best to capitalise on investment opportunities arising from the region’s growth.
At UOB Asset Management, we believe that the case for investing in Asean is a compelling one.
UOB’s research estimates that 65 per cent of the Asean population will be classified as middle income by 2030, compared with 29 per cent in 2010. The working population is also expected to grow by 85 million in the next three decades, as highlighted by the Singapore Institute of International Affairs in an Asean@50 report last year.
Full Article: Compelling case for investing in Asean region [The Sunday Times (The Straits Times), Feb 4 2018]
SIIA Report: ASEAN@50: From Crisis to Community and the Coming Changes (PDF Download)