Resources handbook to help Australian investors in Asean countries launched

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MELBOURNE: The Australia Malaysia Business Council (AMBC) has launched an Asean Resources Handbook.

The handbook, produced with the support of the Victorian Department of Industry Innovation and Regional Development, will be an invaluable resource for organisations seeking business intelligence in Asean countries, AMBC Victoria chapter president, Mike Anderson said at its launch this week.

He said the handbook would also help AMBC members understand the implications of multi-lateral and bilateral FTAs and the benefit and potential of these agreements for Australian businesses and investors.

AMBC Victoria vice-president Scott Anson, who did most of the work in compiling the handbook, said with about 600 million people in the Asean region, Malaysia could be the gateway to a huge market.

“We believe Malaysia is strategically positioned as a significant business hub for the the Asean region,” he added.

He said the handbook gave a profile of each Asean member country and it would be a valuable and comprehensive guide for investors and businesses wanting an overview of the region.

The handbook would be continually updated and expanded. — Bernama