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Business leaders remain optimistic about Asean growth

Nine in 10 business leaders (93%) are expecting positive revenue growth from their ASEAN businesses, according to a survey commissioned by Standard Chartered in July. Business leaders remain optimistic about ASEAN’s growth potential and are keen to work with governments, particularly in the areas of value chain, talent, and infrastructure, as they seek to navigate imminent challenges, disruptions, and inherent market complexities. Business leaders, buoyed by the opportunities provided by trade agreements such as the Regional Comprehensive Economic Partnership (RCEP), are looking to increase their investments into the region (81%). This growth will be bolstered in particular by four key growth sectors - construction and infrastructure; consumer products; pharmaceuticals and healthcare; as well as digital and e-commerce.

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