ASEAN Summit 2025: Policy, Partnerships, and Progress
Malaysia is the Chairman of the Association of Southeast Asian Nations (ASEAN) for 2025 and hosted the ASEAN Summit 2025, in Kuala Lumpur, on the 26-27 May 2025.
This summit marked a significant shift in Southeast Asia’s approach to economic collaboration. This year’s summit demonstrated practical progress in regional tax modernisation, trade agreements, and governance frameworks, reinforcing ASEAN’s role in global economic resilience.
Building on the foundations laid at the 2024 ASEAN Summit in Vientiane, ASEAN leaders moved beyond policy discussions and into actionable commitments, ensuring the region remains competitive and forward-looking.
Background
As of 2025, the combined nominal Gross Domestic Product (GDP) of ASEAN stands at approximately $4.25 trillion USD, with a population of about 690 million people. In terms of purchasing power parity (PPP), ASEAN's collective GDP is estimated at $13.02 trillion USD, positioning the bloc as a significant economic entity on the global stage.
Looking ahead, ASEAN has set an ambitious goal to become the world's fourth-largest economy by 2045. This objective is part of a strategic plan unveiled in 2025, focusing on deeper economic integration among its ten member nations. The plan emphasizes harmonizing trade standards, financial integration, freer movement of people and businesses, and sustainable economic practices.
2025 ASEAN Guide
As ASEAN continues to shape its economic future, MGI MR, MGI Worldwide member firm in Malaysia, remains dedicated to supporting businesses in adapting to evolving regulatory landscapes. The below white paper, prepared by MGI MR, offers valuable insights providing clarity on ASEAN’s policy trajectory and its impact on businesses across the region.
Through expert guidance on tax advisory, compliance, and governance frameworks, MGI MR works alongside other MGI members in the ASEAN region to optimise opportunities and remain future-ready in a dynamic ASEAN environment.
Read and download the guide HERE
For further information visit MGI MR's profile age or website.
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