Asean Facts:

Emerging and Important Electronics Exporter

Vietnam has emerged as an important electronics exporter, with E&E products overtaking coffee, textiles and rice to become the country’s top export item in 2012, as well as capturing a six percent share of the computer and telecom equipment market
Source: Asean Briefing
Asean Facts:

Low Cost Carrier Seat Capacity Growth

Low-cost carriers from ASEAN members accounted for more than half of global low-cost carrier seat capacity growth in the first half of 2013.
Source: Amadeus, October, 2013
Asean Facts:

Vehicle Sales

The 5th largest single marketplace for vehicle sales in the world is ASEAN.
Source: Economist Intelligence Unit 2014
Asean Facts:

Global Leader in the Issuance of Sukuk

ASEAN leads the way as the global leader in the issuance of Sukuk (Islamic bonds), dominating this sector with 74% of the world’s Sukuk issued.
Source: Economist Intelligence Unit 2014
Asean Facts:

The Rapid Connection of 600 Million People

Five ASEAN countries rank among the world's 50 most connected nations
Source: Comtrade: IHS, World Trade Organization: Telegeography: World Bank: McKinsey Global Institute analysis
Asean Facts:

ASEAN is one of the most Productive Agricultural Sectors in the World

Rice production in 2015 is forecast to increase by 3% to 132.87 million tons and exports to 18.28 million tons
Source: Invest in ASEAN
Asean Facts:

100 Million Internet Users by 2016

Indonesia has 282 million mobile subscriptions and is expected to have 100 million internet users by 2016
Source: McKinsey & Company, Understanding ASEAN: Seven things you need to know
Asean Facts:

The ASEAN Expansion of International Retail Brands

6 out of the top 10 countries where international retailers intended to open stores in 2014 are in ASEAN
Source: CBRE Group Research
Asean Facts:

World's Second Largest Facebook Users

ASEAN is the world's second-largest community of Facebook users, behind only United States
Source: McKinsey & Company, Understanding ASEAN: Seven things you need to know
Asean Facts:

A Quarter of Global Fish Production

Of the world’s top ten largest fish producers, four are from ASEAN - Indonesia, Thailand, Vietnam, and The Philippines
Source: Invest in ASEAN
Asean Facts:

Biggest Automotive Market

ASEAN is forcasted to become the 6th biggest automotive market globally by 2018
Source: Frost & Sullivan
Asean Facts:

Electronics Sector on the Rise

High quantities of the world’s consumer electronics like televisions, radios, computers and cellular phones come from the ASEAN region. More than 80% of the world’s hard drives are made in ASEAN.
Source: Invest in ASEAN
Asean Facts:

The Auto Industry in ASEAN shows Strong Growth

Combined motor vehicle sales in six major ASEAN countries (Indonesia, Malaysia, Thailand, The Philippines, Vietnam and Singapore) reached an all time high of 3.5 million units in 2012, almost double of sales figures in 2007 which is 1.9 million units
Source: Invest in ASEAN
Asean Facts:

Rich Reserves of Oil and Natural Gas

With 5.5 trillion cubic metres of natural gas reserves and a 6.40% increase in production, ASEAN is now ranked the third largest producer in the world.
Source: Economist Intelligence Unit 2014
Asean Facts:

High Smartphone Penetration

Singapore has the fourth highest smartphone penetration in the world and 73 percent of its population online and is the most mobile payment ready member state, followed by The Philippines, Malaysia and Thailand.
Source: McKinsey & Company, Understanding ASEAN: Seven things you need to know
Asean Facts:

Textile - one of the Largest Export Products from ASEAN

In the first quarter of 2013, Vietnam’s garments and textiles exports have reached US$ 3.7 billion or a year-on-year rise of 18.3%
Source: Invest in ASEAN
Asean Facts:

One of the Largest Electronics Assembly Bases in Southeast Asia

A world leader in production of hard drives, integrated circuits, and semiconductors, Thailand is also ASEAN’s largest production base in the electrical appliances sector, the world’s second largest producer of air-conditioning units, and is the fourth largest for refrigerators
Source: Invest in ASEAN
Asean Facts:

The Largest Cargo Airport in the World

The Changi Airport in Singapore is the largest cargo airport in the world. It handles 2 million tonnes of cargo annually, services 6,500 weekly flights, and connects 240 cities in 60 countries
Source: Invest in ASEAN
Asean Facts:

No. 1 Logistics Hub

Singapore is ranked as the No. 1 logistics hub among 155 countries globally. Singapore scored 4.13 in the Logistics Performance Indicator (LPI) 2012, which uses a 1-to-5 scale (5 as the highest) in rating countries’ logistics
Source: World Bank
Asean Facts:

Medical Tourism becoming a Niche Sector in ASEAN

Thailand’s health tourism is worth about US$ 2 billion and receives 40% of medical tourist arrivals in Asia
Source: Invest in ASEAN
Asean Facts:

A Boom in the Trade of Medical Devices

ASEAN’s medical device market, which was worth about US$4.6 billion in 2013, is expected to double to US$9 billion by 2019
Source: Pacific Bridge Medical.
Asean Facts:

8th Fashion Capital in the World

Singapore is ranked as the 8th fashion capital in the world, and 2nd in Asia, next only to Hong Kong
Source: Global Language Monitor
Asean Facts:

Mobile Penetration Rate

Mobile penetration rates in Vietnam, Laos, and Cambodia went from less than 5% to more than 70% in less than a decade
Source: McKinsey & Company, Understanding ASEAN: Seven things you need to know
Asean Facts:

The Travelling Consumer

ASEAN is the world’s 3rd largest in number of flights, domestically and internationally. 50% of arrivals in ASEAN countries are from other ASEAN countries.
Source: Economist Intelligence Unit 2014
Asean Facts:

A Major Global Electronic Manufacturing Services Hub

From four companies in 1970, Malaysia’s electronic and electric industry today has expanded to more than 1,695 companies with total investment of around US$ 35.5 billion and a workforce of more than 600,000 people
Source: Invest in ASEAN
Asean Facts:

ASEAN - Large Producer of Commodities

90% of the world’s crude palm oil, 70% of all natural rubber, and a quarter of the world’s rice is grown in the region.
Source: Economist Intelligence Unit 2014
Asean Facts:

Foreign Ownership

ASEAN has registered considerable progress in loosening the restrictions on foreign ownership of companies in the financial services sector, with 75% ownership now possible with minimal red tape.
Source: McKinsey Global Institute Analysis
Asean Facts:

A Big Producer of Cars, Trucks & Buses

In 2013, ASEAN became the world’s seventh largest producer of cars, trucks and buses – an increase over the previous year of 4.99%.
Source: Economist Intelligence Unit 2014
Asean Facts:

Household Income Going Up

ASEAN as a region will be the world’s 3rd largest with household income of US$10,000 or more in 2018
Source: Economist Intelligence Unit 2014
Asean Facts:

Tourism - a Key Growth Sector in ASEAN

In 2012, ASEAN was the fastest growing destination-region in the world, followed by South Asia
Source: Pacific Asia Travel Association (PATA)
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21 August 2019 - reuters.com
Malaysia's RHB Bank aims to complete sale of insurance unit by March-end
26 August 2019
source: reuters.com
    KUALA LUMPUR, Aug 26 (Reuters) - RHB Bank Bhd  RHBC.KL ,
Malaysia's fourth-biggest lender by assets, aims sell most of
its stake in its general insurance unit by the end of the first
quarter of next year, its group managing director said on
Monday.
    The bank said at the end of July it had permission from
Malaysia's central bank to commence talks to sell up to 94.7% of
its shares in RHB Insurance to Tokio Marine Asia Pte Ltd, a unit
of Japan's Tokio Marine Holdings Inc  8766.T .  urn:newsml:reuters.com:*:nL4N24W32J
    On Monday, Group Managing Director Khairussaleh Ramli told
reporters at an earnings briefing that discussions are ongoing
and that Tokio Marine has started due diligence on the insurer.
    Ramli said the bank hoped to complete discussions by the end
of October and seek regulatory approval in November.
    "Hopefully everything goes well and we can come up with
something we can put forward to both Bank Negara as well as the
Ministry of Finance for their approval," he said.
    RHB Bank reported net profit of 615.4 million ringgit
($146.87 million) for April-June, 7.9% more than the same period
last year, due mainly to higher non-funds based income and lower
expected credit losses.
    Revenue rose 12.1% to 3.42 billion ringgit.
    The bank's shares rose as much as 1.1% after it announced
its earnings results on Monday. The broader market fell 1.0%
 .KLSE .
    ($1 = 4.1900 ringgit)

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Malaysia's RHB Bank to hold talks to sell insurance unit to
Japan's Tokio Marine     urn:newsml:reuters.com:*:nL4N24W32J
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Reporting by Liz Lee; Editing by Christopher Cushing)
 ((liz.lee@thomsonreuters.com; +60323338039;))
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