Economics

Can Indonesia establish a circular economy?

As a member of the international community, Indonesia needs to play an active role in ensuring global sustainability. The alarming threat of climate change should be a concern for every country. A comprehensive transformation to a circular economy might be the answer to this dire situation. We believe now is really the time for the Indonesian government to start designing a comprehensive policy reform that changes its economic approach, from linear to circular.

28 March 2020
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Opportunities of an economically developed D-8

With Chile withdrawing from its role as this year’s host of Asia-Pacific Economic Cooperation (APEC), attention is now shifted towards the 2020 Summit which will be hosted by Malaysia. Whilst APEC has been an integral part of Malaysia’s regional and international credential and status, there are other smaller groupings which deserve attention. One of these is the Group of Developing Eight (D-8).Even though the D-8 has been in existence for some 20 years, the “output gap”, i.e.

25 December 2019
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Empty pockets and broken children

Ministries and child protection non-governmental organisations (NGOs) in Cambodia recently established a joint-committee for the implementation of the Action Plan to Prevent and Respond to Violence Against Children. According to Touch Channy, a Ministry of Social Affairs, Veterans and Youth Rehabilitation spokesperson, the committee is headed by its minister, Vong Soth, and comprises 22 members – 15 from various ministries and institutions and seven from NGOs.While Cambodia has certa

23 July 2019
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Does Sihanoukville belong to China?

Following the growing number of foreigners who come to invest and work in Cambodia, the country’s Ministry of Labour said that it will make an announcement soon to ban foreigners from self-employment on 10 types of jobs including driving a taxi, tuk-tuk, or motor taxi; or being a street vendor, barber, delivery man, or other small occupations.

20 July 2019
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Empty pockets in Lao

The ASEAN Post recently published an article entitled “Empty bellies in Lao” which highlighted the serious and persisting issue of malnutrition among Laotian children. One of the main reasons malnutrition has become an issue in Lao for a long time now is that the country is poor.

11 July 2019
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Surging Thai economy grist for junta as pressure for vote builds

A surprise surge in Thailand’s economic growth could sway the country’s military government to stick to a plan for fresh elections early next year.Rebounding agricultural output and more traditional drivers such as exports and tourism helped propel gross domestic product growth to a five-year high of 4.8 percent last quarter.

25 May 2018
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Malaysia's temporary leader can have lasting impact

At 92, Malaysian Prime Minister Mahathir Mohamad is now the world’s oldest elected leader. He’s also the first to return to power after a lapse of 15 years, at the helm of a different political party. His place in Asian history is assured.There’s still room, however, to burnish his legacy. Mahathir doesn’t plan to remain in office long, only until his former deputy Anwar Ibrahim is pardoned of sodomy charges and wins a by-election for parliament.

14 May 2018
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Southeast Asia online economy seen reaching $50 billion in 2017

Southeast Asia’s internet economy, spanning online travel to ride-hailing, will reach $50 billion this year, putting it on a solid trajectory to grow fourfold by 2025, according to a joint research report by Google and Temasek Holdings Pte.As more consumers buy airline tickets and book hotels through smartphones, the region’s online travel market expanded from $19.1 billion in 2015 to $26.6 billion in 2017, according to a report the two companies released Tuesday.

12 December 2017
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Singapore to ensure rich pay more in tax regime

Singapore will ensure its tax system is based on “solid” economic performance and the principle that higher income earners pay more, a senior government official said, after the prime minister signaled that the nation needs to prepare for tax increases.“It must be all based on solid economic activity,” Indranee Rajah, senior minister of state for law and finance, said in an interview on Tuesday.

22 November 2017
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The Circular Economy – ASEAN has what it takes

Some years ago, I replaced my 36-inch television – grudgingly. I only had it for a little over 24 months. The Helpline diagnosed it to be a problem with the motherboard, which would cost more to fix than buying a brand new television with better sound, a sharper picture, et cetera et cetera. Recently, my Bluetooth speaker went blip. Same advice – go for the latest model. It seems ridiculous to discard an entire product because one part is broken.

19 November 2017
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TPP-11 confident of salvaging trade deal

A blockbuster Pacific trade pact thrown into doubt by Donald Trump could be salvaged by suspending parts of the deal in order to get the 11 remaining nations to sign on, according to Malaysian Trade Minister Mustapa Mohamed.Speaking in Vietnam ahead of a meeting of Asia-Pacific leaders, including the US president, Mustapa said there was fresh momentum to save the Trans-Pacific Partnership, a deal that would have spanned 40 percent of the global economy.

8 November 2017
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Myanmar's tourism dreams pierced by Rohingya crisis

Only a few years ago Beyonce and Jay-Z were posing for photos among Myanmar's famed temples, heralding the former junta-run country's rise as one of the hottest new tourist destinations on the map.But that dream is cracking as images of burnt villages and Muslim Rohingya fleeing army-led violence in western Rakhine shock the globe, sparking outrage over a staggering scale of human suffering that has festered along the border.Ever since the bloodshed broke out in late August, tourism

29 October 2017
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