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Majority of European companies with an ASEAN focus expect business growth in the region over the next 12 months

Kayden Whang
Kayden Whang6/28/2021 12:35 PM GMT+08  • 3 min read
Majority of European companies with an ASEAN focus expect business growth in the region over the next 12 months
European companies are beginning to become more and more interested in the Asean region.
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As many as 88% of European companies working in the Asean region expect business growth in this region over the next twelve months, according to a survey conducted by the Standard Chartered Bank.

“The Asean markets continue to offer huge opportunity for European companies, both for those

looking to diversify and expand their investment and trade activities , and those who are well aware of the deep technological expertise and significant consumer base across the markets,” says Robert Newell, managing director, Global Corporates, Europe at Standard Chartered.

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