FOLLOWING last year’s relatively subdued global economic rebound, the economies of Asean are well positioned for growth and foreign direct investments (FDIs) in 2022 and beyond, according to Tricor Group’s report on Asean in focus: Economic outlook, insights and business opportunities.

       It is a compilation of business insight to guide multinational companies, small and medium enterprises and entrepreneurs interested in establishing, operating and scaling business growth across Asean.

       Tricor CEO Lennard Yong said: “The passage of the Regional Comprehensive Economic Partnership trade bloc is a defining moment for global trade and a pivotal development that will inevitably redirect FDI flows in the months and years ahead.

       “Notably, the maturing economies of Asean serve as a linchpin for activating the deal. At Tricor, we are keeping a strong pulse on how this landmark agreement is triggering new global trade trends, bolstering pan-Asian supply chains and expanding opportunities for foreign investors. Tricor’s specialised local expertise and dynamic connections reinforce our status as the ‘go-to’ partner for enterprises seeking to expand throughout Asean, the Asia-Pacific and beyond,” he said.

       The report offers perspectives, observations and analyses on how global trade trends are impacting trade, investment and global market expansion in Asean. — Bernama