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Reigniting drivers of growth key to Asean's economic resilience
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Asean's supply chains have remained resilient and foreign direct investment has continued.
PHOTO: REUTERS
Priya Kini
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SINGAPORE - Pivoting towards the Asian global growth engine is one of the major world transitions of this century with a strong contributor coming from the economic emergence of Asean.
South-east Asia's trade and economic integration, relatively lower labour costs and the growing wealth among its 650 million-strong population has made it a key destination for many multinational companies seeking new opportunities to produce, invest and sell.
