ASEAN’s Digital Economy Not Growing Fast Enough
Note: This article was originally published in The ASEAN Post and The World News. ERIA’s research was cited .
ASEAN is set to become the world’s fourth largest economy by 2030, and it is a transition that will be championed by an increasingly tech-savvy younger population which is rapidly rising up the socio-economic ladder. ASEAN’s digital economy – a collective term for all economic transactions that occur online – will progress in hand with this, and is expected to expand 6.4 times from US$31 billion in 2015 to US$197 billion by 2025 according to the Economic Research Institute for ASEAN and East Asia (ERIA).
Click here to read the news in The ASEAN Post
Click here to read the news in The World News