Asian Business Entity – championing regional integration through corporate channels

KUALA LUMPUR: The idea of an Asean Business Entity (ABE), in a rapidly evolving regional landscape, is emerging as a forward-looking vision for the next phase of economic integration.

Spearheaded by Malaysia and elevated under Budget 2026, the proposal seeks to enable greater mobility and collaboration across borders – not through political reform, but through pragmatic corporate innovation.

“We cannot politically have free movement of people or corporations across Asean – it’s just not feasible right now. But what we can do is make it possible at the company level,” Asean-BAC Malaysia chair and founding partner of Ikhlas Capital Tan Sri Nazir Razak told delegates at the Asean Indo-Pacific Forum 2025 today.

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