UOB Malaysia shared with participants at the Asean Chinese Business Leaders Summit 2025 held in Petaling Jaya, Selangor from Oct 6-7 that businesses in the region remain resilient despite the challenging current economic climate.
The event, organised by ACCCIM and UOB Malaysia, united entrepreneurs and chamber leaders from all 10 Asean member countries under one roof for the first time.
00:00Today's business matching session is a key highlight of our ASEAN engagement.
00:22We are delighted by the impressive turnout of participating companies, which reflects a robust interest and trust in this initiative.
00:33This positive response underscores the value of business matching as a practical and effective platform to connect enterprises, explore new markets, and establish durable partners.
00:45ASEAN CIM has also been proactive in encouraging global investors to explore business opportunities in Malaysia, leveraging its extensive international network, especially through Chinese Chambers of Commerce worldwide, and its strong working relationships with government and business organisations in other countries.
01:07As for UOB Bank, it is the only bank to have signed MOUs with all government investment agencies in key ASEAN markets.
01:18In Malaysia, UOB Malaysia collaborates with agencies such as the Malaysian Investment Development Authority and SME Corporation Malaysia to attract FDI into high-value-added sector.
01:31The bank also supports local small and medium enterprises through financing schemes like the Government Guarantee SJPP Program, while promoting sustainable growth in emerging industries such as renewable energy.
01:47Once again, I would like to commend ACC CIM and the strategy partner UOB Bank for organising this summit of business matching session.
01:55While global trade tensions, especially recent U.S. tariffs have dampened sentiment, ASEAN remains resilient and forward-looking.
02:05Key insights from the study are, firstly, businesses in Southeast Asia are adjusting their supply chains following the recent tariff announcements.
02:15As a result, around 67% of businesses in ASEAN expect intra-ASEAN trade to increase,
02:23driving a strong shift towards further regional economic integration.
02:29And 47% of the businesses expect an increase in the pace of overseas expansion,
02:36with ASEAN and China remaining the top destinations.
02:40Secondly, businesses have also highlighted digital adoption as a key initiative to respond to the current economic environment.
02:49Around 60%, around 60% of companies foresee an increase in the pace of digital adoption with key themes including AI,
02:58Internet of Things, IoT, Cloud Computing, Automation and Cyber Security.
03:05And thirdly, the insight I would like to share is that about 56% of businesses expect an increase in the pace of sustainability adoption.
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