DESPITE the onslaught of the coronavirus disease 2019 (Covid-19) pandemic, which affected global economies, Southeast Asia remains home to some of the growing economies expected to recover the fastest. The region is still considered to be a hotbed for foreign investments. Home to countries including Brunei, Cambodia, Indonesia, Laos, Malaysia and the Philippines, economic experts and analysts see great potential for the region to become an economic powerhouse in Asia despite the setbacks brought by the health crisis.
The industry that Southeast Asia particularly excels at is digital communications. E-commerce, telecommunications, and technology research and development are among the areas that the region is well-known for around the world. One manifestation is the boom of online platforms during the pandemic as businesses cater to increased consumer demand in the Southeast Asian retail market.
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