SGX
Article
Published on 20/12/2022
Exclusive insights from Loh Boon Chye, CEO of SGX Group
Ecosystem-building has facilitated significant developments in Singapore markets
20/12/2022
INTRODUCTION Cross-border financial transactions in Southeast Asia have transformed over the past decade. A remittance that once consumed days and cost approximately 6% in fees can now settle in under 60 seconds via a mobile number, reflecting the scale of change across the ASEAN digital economy, which absorbed US$120 billion in private funding and […]
Read More
ASEAN at an AI Inflection Point ASEAN is navigating a significant transition from being a region of digital consumption to one of digital infrastructure formation. As global supply chains reconfigure, the ASEAN-6 economies are positioning themselves as critical nodes in the global artificial intelligence (AI) and compute ecosystem. This shift is driven by the […]
Executive Summary ASEAN currencies have shown significant resilience to global economic shocks driven by robust domestic economic fundamentals, effective policy buffers, growth in FDI and investments and global developments, such as geopolitical uncertainties, trade tensions and financial crises. Source: Cap IQ Mounting geopolitical uncertainties and trade tensions, exacerbated by sanctions against Russia, have challenged the […]
The Association of Southeast Asian Nations (ASEAN), comprising 11 member states, is the world’s fifth-largest economic bloc, with a combined GDP projected to reach US$4.2 trillion in 2025, according to the IMF. BCG forecasts that from 2023 to 2031, ASEAN’s exports will surge by nearly 90% to approximately $3.2 trillion annually, dwarfing overall global […]