Kuala Lampur, May 24 -- Hosting the Asean Summit establishes Malaysia as a diplomatic leader in the region and a temporary centre for heightened economic activity.

The immediate economic effects are multifaceted, influencing areas such as tourism, logistics, trade promotion, and infrastructure development.

The nation experiences a significant yet impactful increase in local economic activity as it hosts heads of state, diplomats, corporate leaders, and media representatives.

The Summit's most immediate effect is the surge in tourism and hospitality. Numerous attendees, comprising government officials, foreign business leaders, and journalists, converge in Malaysia for the event.

Hotels, particularly in Kuala Lumpur, witness heightened...