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This month, Australia will host leaders from the 10 ASEAN (Association of Southeast Asian Nations) member states for the first time in the history of the partnership.
Among other topics, the Special Summit in Sydney will consider how to secure greater opportunities for businesses with links to this important and growing region.
ANZ’s forecasts suggest ASEAN is set to become the fourth largest market after the EU, US, and China by 2030. The region’s population of 650 million is expected to grow by seven million a year and the nominal gross domestic product of $US2.7 trillion, a near doubling in the past decade, will continue to rise.
However, ASEAN’s share of total trade with Australia has largely been stagnant in recent years – and while existing trade in goods and services is strong, much of it is concentrated in four out of the ten ASEAN countries.
This points to significant opportunity for growth in the region. As the Australian bank with the strongest presence in ASEAN markets, we bring you our views and insights on what lies ahead.
LONGREAD: can ASEAN’s opportunity equal China?
Anna Green | CEO Philippines, ANZ
The ASEAN opportunity provides learnings from the China experience for Australian businesses.
ASEAN: the case for diversification
Khoon Goh | Head of Asia Research, ANZ
ANZ’s Head of Asia Research discusses the need for Australia’s trade and investment engagement with ASEAN to diversify.
LONGREAD: good vibes and a fresh focus at ASEAN
Greg Earl | Writer, editor and consultant
Australia is looking to shed its quarry or farm-based image at ASEAN as it prepares for a very different future.
REWIND: scope for growth in NZ, ASEAN trade
Khoon Goh | Head of Asia Research, ANZ
NZ trade with ASEAN is growing but there are several potential areas it can be enhanced.
ASEAN’s agri imports and exports in five charts
Michael Whitehead | Director Industry Insights and Agribusiness, ANZ
Research by ANZ shows trade in agri consumption products with ASEAN regions is peaking.
Australia’s key role in the ASEAN economy
Mark Whelan | Group Executive, Institutional at ANZ
The importance of the growing economic scale of ASEAN cannot be underestimated.
Singapore an engine for two-way trade
David Green | CEO Singapore and Head of South East Asia, India & Middle East, ANZ
Singapore’s historic role in the ASEAN region continues to become even more significant.
ASEAN rising: four unique trends shaping a dynamic market
Megan Mulia | Director Research and Information, Asialink Business
Over 2,500 organisations and individuals were asked what changes in ASEAN mean for Aussie business – here’s what they had to say.
Keep an eye out for more stories through the week as we prepare for this weekend's summit.
Mark Whelan is Group Executive, Institutional at ANZ
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.
anzcomau:Bluenotes/asia-pacific-region,anzcomau:Bluenotes/global-economy
ASEAN in Australia: full coverage
2018-03-15
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EDITOR'S PICKS
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Australia is looking to shed its quarry or farm-based image at ASEAN as it prepares for a very different future.
2018-03-13 15:09 -
ANZ’s Head of Asia Research discusses the need for Australia’s trade and investment engagement with ASEAN to diversify.
2018-03-13 14:12