Aviation Supremo Tony Fernandes Urges ASEAN To Be Brave And Liberalise, Accelerate Regional Economic Integration

KUALA LUMPUR, Sept 24 (Bernama) — ASEAN should not be defensive but take bold decisions to liberalise rules to accelerate regional economic integration, said Capital A Bhd chief executive officer Tan Sri Tony Fernandes.

He said the rise of low-cost carriers such as AirAsia, Lion Air and VietJet has fostered a strong intra-ASEAN market, supported by the open skies policy and visa-free travel.

“Small and medium enterprises (SMEs) are playing a crucial role in driving the economy, supported by digital technologies that foster rapid business growth. Entrepreneurs contribute positively to the economic expansion of Southeast Asia.

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