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View all search resultsThe prospect of transforming ASEAN into a global production center is plausible, especially because of the exceptional competitiveness of regional commodities, particularly in the food and fisheries sectors.
Recent rankings published by the IMD World Digital Competitiveness Center (WCC) reveals that several ASEAN countries have a strong ability to adopt and explore new digital capabilities and technologies. These countries include Singapore (4th), Malaysia (31st), Indonesia (51st) and the Philippines (56th).
Favorable geographic and economic features, if utilized properly, can give Indonesia a competitive edge in the region as the country vies for investment at a time of global uncertainty, says the International Finance Corporation.
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