Strengthening ASEAN’s digital economy

Note: This article was originally published in The ASEAN Post on 17June 2019. ERIA’s research finding on digital economy was featured.

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)..  (Read the full article by using the link above).