Surging Demand in ASEAN and Neighboring Countries
ASEAN countries, including Thailand, Indonesia, Vietnam,
the Philippines, Malaysia, Singapore, Cambodia, Myanmar,
Laos, and Brunei, have witnessed significant urbanization,
rapid economic growth, fast-rising consumption power, and
ever-improving living standards.
According to recent data,
the ASEAN region’s GDP growth is projected to increase from
4.7% in 2024 to 4.9% in 2025, driven by increasing domestic
consumption, recovering goods exports, and a tourism rebound.