Explore our ASEAN markets
Explore the map
7121
CAMBODIA
Capital: Phnom Penh
Population: 16.01 million
GDP per capita: USD1,384.42
7122
BRUNEI DARUSSALAM
Capital: Bandar Seri Begawan
Population: 428,697
GDP per capita: USD28,290.59
7115
SINGAPORE
Capital: Singapore
Population: 5.61 million
GDP per capita: USD57,714.30
7116
PHILIPPINES
Capital: Manila
Population: 104.9 million
GDP per capita: USD2,988.95
7107
VIETNAM
Capital: Hanoi
Population: 95.54 million
GDP per capita: USD2,343.12
7119
LAOS
Capital: Vientiane
Population: 6.858 million
GDP per capita: USD2,457.38
7120
INDONESIA
Capital: Jakarta
Population: 264 million
GDP per capita: USD3,846.86
7111
THAILAND
Capital: Bangkok
Population: 69.04 million
GDP per capita: USD6,593.82
7118
MALAYSIA
Capital: Kuala Lumpur
Population: 31.62 million
GDP per capita: USD9,944.90
14095
MYANMAR
Capital: Nay Pyi Taw
Population: 53.37 million
GDP per capita: USD1,298.88
Uncover trade potential between ASEAN and India
ASEAN is one of the world’s most important trading blocs, with a population of 650 million and a combined GDP of over USD3 trillion. The ASEAN–India Free Trade Area (AIFTA) signed in 2009 removed tariffs on a wide range of goods and services. Bilateral trade has been steadily rising since, and there is a huge opportunity to increase trade further.
The Standard Chartered Trade Opportunity Report looks to a post-COVID-19 world, as economies stabilise and reopen. At a time when our global ties are endangered by challenges from pandemics to protectionism, this study is a roadmap of trade possibilities, looking beyond immediate threats to highlight the medium-term opportunities for greater trade between 5 key ASEAN markets and India.
We’ve identified a USD10.7 billion export opportunity from 5 ASEAN markets to India. Find out which sectors have the highest potential.
We’ve identified a USD10.7 billion export opportunity from 5 ASEAN markets to India. Find out which sectors have the highest potential.
ASEAN is uniquely positioned at the heart of global trade routes. With our knowledge and insights, we can help accelerate your growth ambitions in this region.
ASEAN is uniquely positioned at the heart of global trade routes. With our knowledge and insights, we can help accelerate your growth ambitions in this region.
ASEAN's growth potential
Standard Chartered is present in all ASEAN markets. Find out how we can help your business expand and grow in ASEAN.
ASEAN's growth potential
Standard Chartered is present in all ASEAN markets. Find out how we can help your business expand and grow in ASEAN.
Digitisation and sustainable finance in ASEAN
Digital transformation and sustainable finance is growing exponentially in ASEAN. Learn more about what we can do to support your business needs.
Digitisation and sustainable finance in ASEAN
Digital transformation and sustainable finance is growing exponentially in ASEAN. Learn more about what we can do to support your business needs.
Watch Replay: Powering Retail and Transportation Sectors – Digitising for Growth in ASEAN
In this webinar, panellists from Bluebird, PayNet and PwC discussed the radical changes in consumer habits and shared advice on a successful digital transformation. Hear from Bluebird’s President on their plans to accelerate digital payment systems and be less cash reliant in Indonesia.
Watch Replay: Powering Retail and Transportation Sectors – Digitising for Growth in ASEAN
In this webinar, panellists from Bluebird, PayNet and PwC discussed the radical changes in consumer habits and shared advice on a successful digital transformation. Hear from Bluebird’s President on their plans to accelerate digital payment systems and be less cash reliant in Indonesia.
Watch Replay: Reshaping the Healthcare & Insurance Sectors - Digitising for Growth in ASEAN
Senior industry leaders from Aviva, Prudential, Philippine Payments Management Inc and PwC discussed the benefits of early digital adoption and how that has helped accelerate their business. This conversation encapsulated various challenges and opportunities that lies ahead with co-creation initiatives and data privacy protection.
Watch Replay: Reshaping the Healthcare & Insurance Sectors - Digitising for Growth in ASEAN
Senior industry leaders from Aviva, Prudential, Philippine Payments Management Inc and PwC discussed the benefits of early digital adoption and how that has helped accelerate their business. This conversation encapsulated various challenges and opportunities that lies ahead with co-creation initiatives and data privacy protection.
Watch Replay: Advancing Education and Telecom Sectors - Digitising for Growth in ASEAN
In this final webinar, panellists from Maxis Communications, XRND and PwC tackled topics on the unprecedented digital adoption pace and the results it has achieved to-date. The 60-minute discussion includes leveraging technology as an enabler and thoughts on how the post-COVID world will look.
Watch Replay: Advancing Education and Telecom Sectors - Digitising for Growth in ASEAN
In this final webinar, panellists from Maxis Communications, XRND and PwC tackled topics on the unprecedented digital adoption pace and the results it has achieved to-date. The 60-minute discussion includes leveraging technology as an enabler and thoughts on how the post-COVID world will look.
Watch the replay of ASEAN Business Forum 2020 – Navigating ASEAN beyond COVID-19
Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies, Chairman of Monetary Authority of Singapore, Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment of Indonesia and Bill Winters exchanged views on unlocking opportunities beyond COVID-19.
The panel was followed up by Jon Lambe, UK Ambassador to ASEAN, Chairman of SIIA and CEO of Trafigura sharing insights on impact of RCEP and policy convergence in the region.
Watch the replay of ASEAN Business Forum 2020 – Navigating ASEAN beyond COVID-19
Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies, Chairman of Monetary Authority of Singapore, Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment of Indonesia and Bill Winters exchanged views on unlocking opportunities beyond COVID-19.
The panel was followed up by Jon Lambe, UK Ambassador to ASEAN, Chairman of SIIA and CEO of Trafigura sharing insights on impact of RCEP and policy convergence in the region.
Watch the replay of ASEAN Business Forum 2020 – Hitting the Reset Button
CEO of DHL Forwarding, VP of Unilever, Chief Fintech Officer of Monetary Authority of Singapore and Chow Wan Thonh, Regional Head of Client Coverage, CCIB ASA discussed ways global firms are diversifying their supply chains and how digitisation can help businesses become nimbler.
Watch the replay of ASEAN Business Forum 2020 – Hitting the Reset Button
CEO of DHL Forwarding, VP of Unilever, Chief Fintech Officer of Monetary Authority of Singapore and Chow Wan Thonh, Regional Head of Client Coverage, CCIB ASA discussed ways global firms are diversifying their supply chains and how digitisation can help businesses become nimbler.
Watch the replay of ASEAN Business Forum 2020 – The Green Advantage
Paul Polman, Co-founder of Imagine/ former CEO of Unilever, Daniel Hanna, Global Head of Sustainable Finance, Microsoft and Impossible Foods shared why companies should shift the needle towards sustainability and discuss forward looking initiatives to achieve the SDG 2030 goals.
Watch the replay of ASEAN Business Forum 2020 – The Green Advantage
Paul Polman, Co-founder of Imagine/ former CEO of Unilever, Daniel Hanna, Global Head of Sustainable Finance, Microsoft and Impossible Foods shared why companies should shift the needle towards sustainability and discuss forward looking initiatives to achieve the SDG 2030 goals.
Watch Replay: Malaysia - At the Heart of Digitisation
Dato' Sri Norazman Ayob, Deputy Secretary General (Industry) of Ministry of International Trade and Industry, with fellow panellists from MDEC, Vale Minerals Malaysia and Sunway iLabs shared their insights on rethinking and accelerating digitalisation to boost resilience and helping companies emerge stronger.
Watch Replay: Malaysia - At the Heart of Digitisation
Dato' Sri Norazman Ayob, Deputy Secretary General (Industry) of Ministry of International Trade and Industry, with fellow panellists from MDEC, Vale Minerals Malaysia and Sunway iLabs shared their insights on rethinking and accelerating digitalisation to boost resilience and helping companies emerge stronger.
Watch Replay: Singapore - the global hub and gateway to ASEAN
Chan Chun Sing, Minister of Trade and Industry underscored Singapore’s aim to be the critical node in businesses’ global value, production and supply chains to enable businesses growth. Industry leaders from Economic Development Board, IATA, Decathlon and X-Press Feeder shared their views on the advantages of setting up their business hubs in Singapore.
Watch Replay: Singapore - the global hub and gateway to ASEAN
Chan Chun Sing, Minister of Trade and Industry underscored Singapore’s aim to be the critical node in businesses’ global value, production and supply chains to enable businesses growth. Industry leaders from Economic Development Board, IATA, Decathlon and X-Press Feeder shared their views on the advantages of setting up their business hubs in Singapore.
Watch Replay: Indonesia - the Archipelago of Opportunities
The Governor of Bank Indonesia and Indonesia’s Vice Minister of Finance shared the country’s fiscal, monetary and economic approach in response to COVID-19. Business leaders from PT SCG Indonesia, Wuling Finance & Motors, PT Jababeka Tbk, Indonesia’s Investment Coordinating Board, CSIS and British Chamber of Commerce Indonesia discussed the opportunities and investment climate in Indonesia.
Watch Replay: Indonesia - the Archipelago of Opportunities
The Governor of Bank Indonesia and Indonesia’s Vice Minister of Finance shared the country’s fiscal, monetary and economic approach in response to COVID-19. Business leaders from PT SCG Indonesia, Wuling Finance & Motors, PT Jababeka Tbk, Indonesia’s Investment Coordinating Board, CSIS and British Chamber of Commerce Indonesia discussed the opportunities and investment climate in Indonesia.
Watch Replay: Vietnam - The Rising Star
Minister of Planning and Investment, Nguyen Chí Dung joined the panel session with Le Minh Hung, Governor, State Bank of Vietnam, RB Health Vietnam and BW Industrial Development JSC to discuss how Vietnam is an increasingly attractive and sound investment destination for foreign investors, especially with its strong reforms on the investment environment and increasing international position.
Watch Replay: Vietnam - The Rising Star
Minister of Planning and Investment, Nguyen Chí Dung joined the panel session with Le Minh Hung, Governor, State Bank of Vietnam, RB Health Vietnam and BW Industrial Development JSC to discuss how Vietnam is an increasingly attractive and sound investment destination for foreign investors, especially with its strong reforms on the investment environment and increasing international position.
Watch Replay: Thailand – Resilient and Ready for Trade
Boonyarit Kalayanamit, Permanent Secretary, Thailand’s Ministry of Commerce shared that with its ideal geographical location and infrastructure; Thailand could serve as a product and distribution centre for the ASEAN countries and beyond. Captains of industry represented by Thailand Board of Investment, Thailand Development Research Institute, and Siemens Energy Limited exchanged their views of Thailand’s rationale behind the post Covid-19 potential sectors and its potential.
Watch Replay: Thailand – Resilient and Ready for Trade
Boonyarit Kalayanamit, Permanent Secretary, Thailand’s Ministry of Commerce shared that with its ideal geographical location and infrastructure; Thailand could serve as a product and distribution centre for the ASEAN countries and beyond. Captains of industry represented by Thailand Board of Investment, Thailand Development Research Institute, and Siemens Energy Limited exchanged their views of Thailand’s rationale behind the post Covid-19 potential sectors and its potential.
Watch Replay: Philippines – the Rising Tiger of Asia
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) Governor Benjamin Diokno, Presidential Adviser on Flagship Programs and Projects Secretary Vince Dizon, AC Energy, Inc., and Pilipinas Shell Petroleum Corp. joined the insightful discussion on the country’s sound macroeconomic fundamentals and economic resilience that continue to boost investor confidence, and how corporates support recovery through sustainable investing.
Watch Replay: Philippines – the Rising Tiger of Asia
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) Governor Benjamin Diokno, Presidential Adviser on Flagship Programs and Projects Secretary Vince Dizon, AC Energy, Inc., and Pilipinas Shell Petroleum Corp. joined the insightful discussion on the country’s sound macroeconomic fundamentals and economic resilience that continue to boost investor confidence, and how corporates support recovery through sustainable investing.
Our insights on asean Browse through our latest market insights
Your banking partner for ASEAN
Standard Chartered is the only international bank operating in all 10 ASEAN countries. With a footprint of more than 60 countries across the globe, we have been supporting clients in ASEAN and South Asia, for over 150 years.
With our extensive global network, in-depth local market knowledge and wide-ranging suite of products, we are well-positioned to support your business growth and cross-border financing needs.
Our products and solutions
To maximise growth potential, you require adequate funding at the right time
- We have a long history as a lender in our footprint markets.
- Whether it is to set up a new manufacturing facility overseas, or to fund cross-border transactions, we are able to finance your growth opportunity
- Our Trade Finance solutions can provide funding across documentary or open account transactions
- Whether you are a supplier or a buyer, your cash flow is affected by your trading partners’ ability to raise funds. We ensure your supply chains have access to steady financing.
Specialised professionals to advise you on specialised financing solutions
- The team has a strong track record of advising corporate clients, government agencies and financial sponsors both domestically and globally
- In particular, we have significant experience in complex cross-border transactions
- Professional and dedicated teams to support your financing needs
Financial Markets
Transaction Banking
| Corporate Finance
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| Easy Collections | Enhanced Liquidity | Efficient Payments |
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Key differentiators
- Provide access to over 100 emerging market and G10 currencies
- Pioneer in interest rate and cross currency swaps in Asia, Africa and the Middle East
- Broad range of credit products to assist clients in managing credit risk exposures or in enhancing investment yields
- Industry specialists and dedicated on the ground teams across our footprint markets
Manage your transactions and accounts anywhere, anytime through our single sign-on, multi-lingual, global platform
Straight2Bank
| FEATURES | |
 | REPORTING Powerful management information system (MIS) delivered in near real-time via agreed channel and at required frequency |
 | ROUND-THE-CLOCK CHANNEL AVAILABILITY Accessible 24/7 across the globe |
 | FLEXIBLE WORKFLOWS Approval process, authorisation matrix and payee information maintenance |
 | GLOBAL VIEW In more than 60 markets |
 | MOBILE ACCESS For transactions on the go |
| BENEFITS | |
 | SIMPLIFIED PROCESSING Single uploads across methods, currencies and countries |
 | ROBUST SECURITY Two-factor authentication, encrypted communication and comprehensive audit trail |
 | CHANNEL INTEROPERABILITY View and authorise transactions received via web, host-to-host and SWIFT via a single window |
 | LOCAL LANGUAGE SUPPORT Support for traditional Chinese, simplified Chinese & Thai. Facility to maintain details in local language |
 | FULL VISIBILITY File/transaction notifications via email alerts |
Awards and accolades
| Country | Awards | Award Details |
Southeast Asia | Asiamoney New Silk Road Finance Awards 2019 | Best International Bank for BRI in Southeast Asia |
| Asiamoney New Silk Road Finance Awards 2018 | Best International Bank for BRI in Southeast Asia | |
| Asiamoney New Silk Road Finance Awards 2018 | Best Bank for Infrastructure/Project Finance in Southeast Asia | |
Indonesia | The Asset Triple A Awards 2019 | Best Trade Finance Solution |
| The Asset Triple A Awards 2019 | Best Liquidity and Investments Solution | |
| The Asset Triple A Awards 2019 | Best Supply Chain Solution | |
| The Asset Triple A Awards 2018 | Best Domestic Custodian | |
| The Asset Triple A Awards 2018 | Best in Assets Servicing | |
| The Asset Triple A Awards 2018 | Best Supply Chain Solution | |
| Global Custodian 2018 | World’s Best Sub-custodian Bank | |
| Global Custodian 2018 | Market Outperformer - Indonesia | |
Malaysia | Asiamoney FX survey 2019 | Leading FX Provider in Malaysia |
| FinanceAsia country awards 2019 | Best Foreign Bank in Malaysia | |
| Global Finance awards 2019 | Best Islamic Digital Bank in Malaysia | |
| Asiamoney FX Poll 2019 | Market Leader in Malaysia (All Banks) | |
| Asiamoney country awards 2018 | Best International Bank in Malaysia | |
Philippines | Asiamoney FX survey 2019 | Leading FX Provider in the Philippines |
| Global Finance World’s Best Bank Awards 2019 | Best Bank for Sustainable Finance | |
| The Asset Triple A Awards 2019 | Best Renminbi Bank in Philippines | |
| The Asset Triple A Awards 2019 | Best Sub-Custodian Bank in Philippines | |
| The Asset Triple A Awards 2018 | Best Bond Advisor Philippines | |
| Global Finance Awards 2019 | Best Sub-Custodian Bank Philippines | |
Singapore | The Asset Triple A Awards 2019 | Best Renminbi Bank in Singapore |
| The Asset Triple A Awards 2018 | Best Renminbi Bank in Singapore | |
Vietnam | Asiamoney country awards 2019 | Best International Bank in Vietnam |
| Asiamoney country awards 2018 | Best International Bank in Vietnam | |
| Global Finance Best Sub-custodian Bank Award 2019 | Best Sub-custodian in Vietnam |
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