Market Analysis

Market Analysis 

Demographics

• Young and educated work force
• Core Population groups from the 90’s - Generation Y & Z susceptible to mobile Internet & payment, AI & digital technology
• Budding Middle Class and HNWI

Economic

• BRI catalyze the infrastructure modernization in ASEAN
• Tariffs & strategic relocation of manufacturing capacities out of China to good logistic infrastructure, ample supply of skilled labour and cheap land

Political

• ASEAN region is a neutral ground for the US and China’s global progress
• Country has a stable political environment
• Governments are determine to drive ASEAN economic developments

Environmental

• Ecological balance
• pro ESG investments environment
• Keen to develop Green Finance and Insurance

Social

• Friendly and humble culture
• Economic size of countries in ASEAN
• Stable ethnic combination with peaceful harmonic co-existence

Technology

• Cultural & language diversity highly favorable for global tech companies to test & launch new products
• A.I. digital and Deep Learning transformation are much anticipated by the Banking and Non-Banking Sector