Singapore remains Asean’s most connected trade hub, but improvements seen elsewhere too

• Mar 01, 2019

Although Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states.

Cambodia, Malaysia, Singapore, and Vietnam (along with Mozambique) were highlighted in notes accompanying the latest DHL Global Connectedness Index (GCI 2019) as the five countries globally where international flows were exceeding expectations, while Myanmar saw its ranking rocket 24 places to 133.

The report, commissioned by global logistics company DHL and produced by the New York University Stern School of Business and the IESE Business School, draws on more than three million data points from international flows covering trade, capital, information, and people.

Now in its fifth edition, the GCI 2019 assesses developments in globalisation across 169 countries and territories, which jointly account for 99 per cent of the world’s GDP and 97 per cent of its population.

Source: https://aecnewstoday.com/2019/singapore-remains-aseans-most-connected-trade-hub-but-improvements-seen-elsewhere-too/