The establishment of the AEC and its implication for South Korea(4)

The establishment of the AEC and its implication for South Korea

In fact, meaningful progress was already achieved since more than 70% of the intra-regional trade has been conducted free from any types of tariff. What will be the ASEAN like in the time of the AEC? It may be too early to forecast the AEC in 10~20 years when the AEC just pulled up its anchor. 

Even short-term outlook is not an easy thing to challenge as emerging markets with high volatility consist of most parts of the region. The question is whether the AEC can evolve itself something beyond a regional agreement body. 

Startup fever in Southeast Asia and its implication for India to improve indispensable public services(6)

Recent startup boom across Southeast Asia

This could explain why global investment experts have been paying closer attention to this area where youngsters covering around half of the overall population are climbing on the brand new era of the digital economy. 

There are yet pending issues to solve in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, deficiency of high-skilled work forces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia.

Startup fever in Southeast Asia and its implication for India to improve indispensable public services(6)

Recent startup boom across Southeast Asia

This could explain why global investment experts have been paying closer attention to this area where youngsters covering around half of the overall population are climbing on the brand new era of the digital economy. 

There are yet pending issues to solve in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, deficiency of high-skilled work forces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia. 

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia(7)

High Time for Korean Startups to Ride on Digital Fever in Southeast Asia

There are yet pending issues to tackle in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, shortage of high-skilled work forces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia. 

With the exception of Singapore, capital markets and legal and institutional systems for startups in the region aren't well devised and developed as well. However, venture capitals, symbols of adventurous money would remain indifferent unless they feel confident of more gains than losses by stepping into the digital frenzy in Southeast Asia.