Harnessing the potential of an integrated ASEAN
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. At the Tech In Asia Conference 2023, Roderick Purwana, Managing Partner at East Ventures shared his insight with Willis Wee, Founder of Tech in Asia, who also moderated the panel titled “Harnessing the potential of an integrated ASEAN.”
Building a legacy: East Ventures’ vision and commitment to ASEAN’s flourishing future
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. Holding the title of the world's fifth-largest economy, ASEAN boasts impressive numbers: a combined GDP of US$4 trillion, a population of 650 million, over 70 million small and medium-sized businesses, and a potential to grow its economy by US$200 billion. This remarkable growth is powered by its large population, forward-thinking trade policies, and a stable political environment, leading to a rapid increase in the region's overall wealth.
East Ventures remains bullish with the vision of integrated Southeast Asia amidst the global geopolitical and uncertain market
The global economy remains uncertain due to high inflation globally and geopolitical conditions. This has created challenges for economies in Indonesia and other Southeast Asia countries, particularly for digital startups.