People in ASEAN are in dire need for improved financial literacy to avoid pitfalls of growing wealth and increased consumer spending. Awareness in dealing with financial issues is not at the level as it should be.
In three years’ time, Brunei will most likely be a member of ASEAN Economic Community (AEC). This represents an opportunity and a challenge at the same time for the small country in northern Borneo.
Myanmar has received a great deal of attention from investors when the country opened up its economy in 2011, and later on eased its investment rules to attract foreign direct investments: However, investors need to be cautious.