JAKARTA, Aug 20 — Asean member states are preparing to start negotiations for the Digital Economy Framework Agreement by year-end, to propel their digital economies and unlock US$2 trillion by 2030.
Based on the Boston Consulting Group’s analysis, Asean’s digital economy could naturally triple by 2030 to nearly US$1 trillion, with progressive DEFA rules potentially doubling this value contribution to US$2 trillion. “For human capital, the DEFA will provide more opportunities for professionals to advance their careers and develop new skills as well as retraining and lifelong learning through digital platforms,” he said.
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