The survey also found that senior executives felt that access to the large and growing Asean consumer market (69%), access to a global market enabled by a network of Free Trade Agreements (59%) and availability of abundant and skilled workforce (49%) were among the most important drivers for expansion across the region
Standard Chartered commissioned a survey for its Borderless Business: IntraASEAN Corridor, a strategic report that explores high-potential opportunities for cross-border growth within the region.
The survey, which targeted senior executives at 83 companies based in Asean, reveals that Asean companies are highly optimistic about intra-regional growth in the coming year. The majority of Asean companies that are focusing on intra-regional opportunities expect robust business growth in the region over the next 12 months.
