Investment between firms in the 10 member States of the Association of Southeast Asian Nations (ASEAN) rose to a record US$24 billion in 2016 thanks to increased financial strength and cash holdings, as well as a growing drive to internationalize their operations, according to this year's investment report for the region.
Jointly published on Monday by the ASEAN Secretariat and UNCTAD, the report says that intraregional investment in 2016 accounted for the first time for a quarter of all foreign direct investment (FDI) flows in the regional grouping, which includes Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam ( with(with Papua New Guinea as an observer).

Cover of the ASEAN Investment Report 2017


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