The Growth of Regional Trading Opportunities in Southeast Asia

8 April 2019

Author: Jayendu Krishna,Director-Drewry Maritime Advisors,

Prepared for

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ASEAN Regional Real GDP Growth expected to remain robust

Source: World Economic Outlook, International Monetary Fund

4.2

4.4

4.6

4.8

5

5.2

5.4

5.6

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Rea

l GD

P gr

owth

rate

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Inflation rate relatively stable

Note: Inflation rate, yoy change of the CPI, average of periodSource: ASEAN

(2.0)

0.0

2.0

4.0

6.0

8.0

10.0

12.0

2015 2016 2017

Brunei DarussalamCambodiaIndonesiaLao PDRMalaysiaMyanmarPhilippinesSingaporeThailandViet Nam

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Trade continues to grow steadily, expected to grow at about 5%

Source: ASEAN

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All key drivers pointing to growing regional trading opportunity

GDP: $3 trillionForeign Direct

Investment: US$137billion

Population: >650 billion

Growing regional business opportunity

($2.5 trillion)

Official Language: English

Increasing Ease of doing Business

• Singapore: 2• Malaysia: 15• Thailand : 27• Vietnam: 69• Indonesia: 73• Brunei: 55• Philippines: 124• Cambodia: 138• Laos: 154• Myanmar: 171

Reducing Risk Rating

• Singapore: 0• Malaysia: 2• Thailand : 3• Vietnam: 5• Indonesia: 3• Brunei: • Philippines: 3• Cambodia: 6• Laos: 7• Myanmar: 6Source: ASEAN, OECD, World Bank

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Key Questions for Panel discussion

1. What are the current and future regional trading opportunities in Southeast Asia?

2. What role is Belt and Road expected to play in South East Asia? Where is it likely to enhance trading opportunities?

3. The world is integrated more than ever before in history. How is US-China trade war going to affect regional trading opportunities?

4. What role Singapore can play in enhancing trading opportunity in the region? Any suggested policy direction?

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