ASEAN's 50th Milestone

August 30st, 2017

The Association of South-East Asian Nations (Asean), and called “the region’s most important group of nations”, marked its 50th anniversary this year on August 8, 2017. The Asean countries have a population of 625 million which is with the world’s third largest workforce and seventh-largest market and projected to be the world’s fourth largest economy by as early as 2030. ASEAN’s anniversary marks shared success for the last 50 years!

On August 8, 1967 through the Bangkok Declaration the Asean was formed. The original five members-Indonesia, Malaysia, Philippines, Singapore, and Thailand has since expanded to include Brunei, Cambodia, Laos, Myanmar, and Vietnam. Asean has accomplished much, such as helping to eliminate tariff barriers which make a huge difference to businesses and consumers. The Asean Free Trade Area (AFTA) is an agreement by the Association of South East Asian Nations (ASEAN) supporting local manufacturing in all ASEAN countries. The Asean has accomplished peace among 10 diverse nations in Southeast Asia while integrating them into a nearly tariff free zone to attract more foreign investment. It has fostered regional security and growing mutual confidence among member states, while promoting economic growth and internal stability. Asean has also helped the member nations develop relationships with major powers, as well as, regional and international organizations. The Asean is at the core of the rising economic and political landscape of the Asia Pacific. Asean matters!

Tiger Consulting Asia has offices in six ASEAN countries and we are committed to making expansion and management of Asian and UAE operations easier for international businesses. Tiger Consulting's HR, Payroll, employment and business support services are managed by experienced teams on the ground in 16 locations: Australia, Cambodia, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand, Vietnam, UAE and USA. The company currently serves 300+ businesses spanning industries including IT, telecom, social networking, fashion, finance, pharmaceuticals, travel, recruitment, Gas & Oil and hospitality.

For questions about Tiger-Consulting’s HR, Payroll, PEO and business support services in Asia and UAE, contact

Mercy Mildener
Public Relations and Marketing Consultant

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