The ASEAN Business Advisory Council (BAC) Malaysia chairman, Tan Sri Nazir Razak, believes the global decoupling presents a significant opportunity for ASEAN to become a key player in a fragmented global economy. He emphasizes the need for ambitious goals, clear priorities, and strong collaboration between governments, the private sector, and the ASEAN Secretariat.
KUALA LUMPUR: The global decoupling presents a major disruption but also offers a significant opportunity for ASEAN , positioning it as a key player in a fragmented global economy .
"We must get proper partnership engagement between the government, the private sector and the ASEAN Secretariat, working as a cohesive team," he said during a panel session titled 'Reinforcing Regional Economic Integration for a Resilient ASEAN' at the ASEAN Economic Opinion Leaders Conference: Outlook for 2025 here, today.
One such initiative is putting ideas for an ASEAN prospectus, which would allow companies seeking listings on the stock exchange to choose between a Malaysian prospectus to raise funds from investors in Malaysia, or an ASEAN prospectus to raise capital across ASEAN countries.
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