Asean needs ‘bolder reforms’ to attract investments in a more fragmented global economy, says Singapore PM

Prime Minister Lawrence Wong speaking in a video posted to his YouTube channel on July 5. - PHOTO: MDDI/The Straits Times-ANN

SINGAPORE (The Straits Times/ANN): Asean must become a more seamless and competitive single market, one that attracts businesses and investments looking for alternatives in a more fragmented global economy.

To get there, bolder reforms are needed, said Prime Minister Lawrence Wong in a video message posted on YouTube on July 5, adding that the association’s 10 nations may be limited in scale individually but together have considerable weight.