US companies seeking to expand in Asean has ranked Singapore as its top destination within the region, according to a survey commissioned by Standard Chartered for its Borderless Business: US-ASEAN Corridor report.

The survey, which was conducted in July, targeted senior executives at 40 US companies.

According to the survey, 93% of respondents expect their revenue to increase in the region over the next 12 months, while 86% anticipate an expansion in production over the same period of time.

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