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China Daily / 2023-06 / 21 / Page011

ASEAN emerges as top investment hub

By PRIME SARMIENTO in Hong Kong | China Daily | Updated: 2023-06-21 00:00

Southeast Asia offers opportunities for EVs' manufacturing and fintech firms

Southeast Asia has emerged as a global investment hub, with the region serving as a "bright spot "despite global challenges, including geopolitical conflicts, inflationary pressures and economic slowdown, a forum heard on Tuesday.

Member countries of the Association of Southeast Asian Nations, or ASEAN, also offer opportunities for electric vehicle manufacturing and financial technology, according to participants at the Invest ASEAN 2023 forum.

The hybrid forum, which runs until Wednesday, is held in Singapore. Kuala Lumpur-based Maybank, one of Southeast Asia's biggest commercial banks, organized the annual event.

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