Allen Lai, Director-ASEAN of the UK-ASEAN Business Council (UKABC), recently participated in the ASEAN Business Advisory Council (ASEAN-BAC) meeting with the Joint Business Councils (JBCs) in Penang, where Malaysia’s Chairmanship of ASEAN-BAC 2025 was officially launched.

Mr. Martin Kent and Ambassador Sarah Tiffin discuss how the UK and ASEAN are forging greater economic and people-to-people ties. ASEAN is an engine room of global growth. It is home to around 680 million people and fast-growing, innovative economies. The region is collectively equivalent to the fifth-largest economy in the world, according to the International Monetary Fund’s World Economic Outlook for October.

The UK-ASEAN Business Council (UKABC) extends thanks to all participants for their contributions to the success of the recent UK-ASEAN Business Forum. Held on Tuesday 26th March 2024, the event featured insightful discussions on key topics including digital transformation, infrastructure connectivity, green finance, economic integration, people mobility, and climate change resilience.

Explanation of the Theme for the Lao PDR’s ASEAN Chairmanship in 2024 - ASEAN: Enhancing Connectivity and Resilience