Asean pressed to become an economic community by 2025

The Association of Southeast Asian Nations (Asean) will find it hard to become a major economic force by 2050 if it fails to meet its goal to become a fully functioning economic community by 2025, said Former President Gloria Macapagal Arroyo. Arroyo, who chaired Asean in 2007, said this in her speech during the Asean Business and Investment Summit (Abis) on Tuesday, wherein she was tasked to talk about what Asean would look like 50 years from now. "I have no crystal ball and neither has everyone," she said, noting how difficult it is to predict the future, given how unpredictable Asean has been. Nevertheless, she said hitting the bloc's goals nearly a decade from now would give...

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