Baring's Soo Hai Lim on Asia's best recovery story post the credit crunch
Where would you find the world’s third largest population, after China and India, and one of the youngest and fastest growing? The answer is the Association of South East Asian Nations, known as ASEAN. There are 10 member states. The original five were Singapore, Indonesia, Malaysia, Thailand and the Philippines. The newer members are Vietnam, Laos, Cambodia, Myanmar and Brunei. Since the disruption of the Asian debt crisis of 1997, which had its centre at the heart of ASEAN, in Thailand and Indonesia, these have been all too ‘forgotten’ markets by international investors. The rapid r...
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