JAKARTA (Nov 21): Asean should seize opportunities of the trade war between U.S. and China to ensure it remains an investment destination for both countries, according to Anwar Ibrahim, Malaysia’s leader-in-waiting.

* The days of cheap labor are over, but Asean has enormous capacity to produce a talented workforce, Anwar tells conference in Jakarta in pre-recorded video address on Wednesday

* Asean must adjust macroeconomic policies, continue to improve ease of doing business rankings, have attractive investment policies and focus on technology and services sectors to take advantage of current economic landscape

* “These are unprecedented critical times that demand Asean countries to take new, bold measures to deal with these challenges:” Anwar