Businesses are expected to expand operations into the Global South, harness opportunities present with its young and dynamic workforce, and extend supply chain diversification strategies beyond traditional manufacturing hubs in Asia.
Southeast Asia will rise as a global “middle power” of the world in the coming five years, according to a prediction by Kearney’s Global Business Policy Council report titled “World in Flux: Global Wildcards 2025–2030”.
Southeast Asia’s economies, including Indonesia and Vietnam, are positioned to serve as critical production hubs and trade bridges amid US-China tensions, the report continues. The region’s ability to attract investment while navigating complex geopolitical dynamics is reshaping global economic flows.
