The EU-ASEAN Business Council has finally published the 2017 EU-ASEAN Business Sentiment Survey. This third edition of the Survey shows European businesses continue to have a very positive outlook in Southeast Asia and expect to see ASEAN profit increase. Some of the key highlights are:
- Three-quarters (75%) of European businesses expect an increase in ASEAN profits for 2017 and almost three-quarters (71%) have said ASEAN has become more important in terms of global revenues over the last two years.
- As a result, 94% of European businesses plan to expand or maintain their current levels of operations and headcount in the ASEAN region.
- 86% of them expecting their level of trade investment in ASEAN to increase over the next five years.
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