SC Asean

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Unleashing ASEAN’s Economic Potential

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According to Bloomberg research, foreign direct investors this year are betting on technology and innovation as a key driver for investment – closely followed by new consumer markets and lower production costs. The Association of Southeast Asian Nations (ASEAN), whose 660 million-strong population is forecast to add USD1 trillion to the region’s digital economy by 2030, ticks all three boxes.

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Banking On ASEAN’s Digital Economy

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August 2023 saw the Singapore Government raise USD2.1 billion of green bonds. The sale, which reopened the city-state’s 50-year maiden sustainability-themed note issued a year earlier, raised an additional 125% on top of the USD1.7 billion offered then.

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Renewing ASEAN’s Climate Commitments