From 2010 to 2022, the average economic growth rate of the Southeast Asian region was 4.4%, and the region is also considered a new force in the global economy. The Deputy Managing Director of Drewry Maritime Services Asia Pte Ltd stated that the Southeast Asian region maintains stable growth every year, with an increase of over 4%. With this growth, Southeast Asia's Gross Domestic Product (GDP) has reached USD 3.4 trillion. Looking to the future, growth expectations are very good, and they expect growth across Southeast Asia to be well above 4%. Southeast Asia is one of the largest economies in the world; in fact, over the past 15 years, Southeast Asia's GDP growth has exceeded 4%. Southeast Asia's GDP only declined during the global financial crisis and the Covid-19 pandemic. So Southeast Asia's real GDP is approximately USD 3.4 trillion, equivalent to the world's fifth-largest economy. India's GDP is USD 5 trillion, which is not much different from India's current situation. With this achievement, Southeast Asia's GDP is expected to become the fifth-largest region in the world after the United States, China, Japan, and Germany.
The Director of Crude Oil and Petroleum Tankers at PT Pertamina International Shipping (PIS) stated that given the economic strength of the ASEAN region, PIS will continue to strengthen its regional and global markets. Therefore, PIS established an office in Singapore in 2018, committed to expanding Southeast Asian business to the Asia-Pacific region. They are working to gain more business from third-party operations generated by the Singapore office, which serves as a hub to increase third-party revenue. Additionally, in 2022, PIS also opened an office in Dubai to expand its business scope, allowing the company to enter the Mediterranean and Middle East markets. Recently, PIS also opened an office in London, which will increase penetration in the European and American markets. Through these efforts, PIS not only consolidates its position in the domestic market but also strives to become a player in the global market.
From 2010 to 2022, the average economic growth rate of the Southeast Asian region was 4.4%, and the region is also considered a new force in the global economy. The Deputy Managing Director of Drewry Maritime Services Asia Pte Ltd stated that the Southeast Asian region maintains stable growth every year, with an increase of over 4%. With this growth, Southeast Asia's Gross Domestic Product (GDP) has reached USD 3.4 trillion. Looking to the future, growth expectations are very good, and they expect growth across Southeast Asia to be well above 4%. Southeast Asia is one of the largest economies in the world; in fact, over the past 15 years, Southeast Asia's GDP growth has exceeded 4%. Southeast Asia's GDP only declined during the global financial crisis and the Covid-19 pandemic. So Southeast Asia's real GDP is approximately USD 3.4 trillion, equivalent to the world's fifth-largest economy. India's GDP is USD 5 trillion, which is not much different from India's current situation. With this achievement, Southeast Asia's GDP is expected to become the fifth-largest region in the world after the United States, China, Japan, and Germany.
The Director of Crude Oil and Petroleum Tankers at PT Pertamina International Shipping (PIS) stated that given the economic strength of the ASEAN region, PIS will continue to strengthen its regional and global markets. Therefore, PIS established an office in Singapore in 2018, committed to expanding Southeast Asian business to the Asia-Pacific region. They are working to gain more business from third-party operations generated by the Singapore office, which serves as a hub to increase third-party revenue. Additionally, in 2022, PIS also opened an office in Dubai to expand its business scope, allowing the company to enter the Mediterranean and Middle East markets. Recently, PIS also opened an office in London, which will increase penetration in the European and American markets. Through these efforts, PIS not only consolidates its position in the domestic market but also strives to become a player in the global market.