Investment

Japan And ASEAN To Improve Trade Deal

The Japanese Ministry of Foreign Affairs said in a statement released earlier this week that it has notified ASEAN countries that it had completed the legal procedures to amend the First Protocol of the ASEAN-Japan Comprehensive Economic Partnership (AJCEP). The original partnership took effect in 2008 and was Japan’s first multilateral trade agreement. The first protocol was signed by Japan in February 2019 and in March and April of the same year by the ASEAN member states.

20 June 2020
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Upgrading Thai skills

Thailand’s Education Minister Nataphol Teepsuwan has outlined plans to improve the country’s vocational education sector. These plans have come following expressed fears that Thailand’s education system is not on par with international standards. This is especially important if Thailand hopes to see its ambitious Eastern Economic Corridor (EEC) project become a success.

28 November 2019
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Duterte’s ‘Build Build Build’ under fire

Philippine President Rodrigo Duterte’s ambitious ‘Build Build Build’ infrastructure program is coming under increasing pressure after claims that only nine of the planned 75 projects have started construction. Drawn up at the start of his presidency in 2016, Duterte’s US$180 billion infrastructure construction campaign of roads, railways, airports and bridges has been plagued by poor planning, red tape, right-of-way issues, engineering problems and cost overruns.Senate Minority Leade

19 November 2019
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Should ASEAN join the Blue Dot Network?

The unveiling of the United States’ (US) Blue Dot Network raises several questions about the country’s commitment to ASEAN after signs of fading interest in the region.Seen as a counterbalance to China’s extensive Belt and Road Initiative (BRI), the Blue Dot Network aims to promote sustainable infrastructure development in the Indo-Pacific region and beyond.

16 November 2019
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Alibaba confirms US$13 billion Hong Kong listing

Chinese technology giant Alibaba on Friday confirmed plans to list in Hong Kong in what it called a US$13 billion vote of confidence in the turbulent city's markets and a step forward in its plans to go global.The enormous IPO, which Hong Kong had lobbied for, will come as a boost for authorities wrestling with pro-democracy protests that have tarnished the financial hub's image for order and security and hammered its stock market.Alibaba will offer 500 million shares at a maximum o

15 November 2019
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Vietnam: ASEAN’s best country to invest in

Offering investment opportunities in everything from zippers to bullet trains, Vietnam has long been recognised as a hub for foreign direct investment (FDI) – and a recent report has just confirmed that.The United States (US) News and World Report last month ranked Vietnam eighth in a list of 29 best economies to invest in, and the next closest ASEAN countries on the list were Malaysia (13th), Singapore (14th) and Indonesia (18th).

11 October 2019
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Malaysia Tells China To Keep It Coming!

Last week, the Malaysia-China Business Council (MCBC) hosted the Malaysia-China Belt and Road Economic Cooperation Forum 2019.“With China’s advancements in digital economy and high-tech, and with Malaysia’s strengths in primary commodity and agriculture, we anticipate that more investors from China will invest in Malaysia.

14 August 2019
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What’s driving the global slowdown?

The drumbeat of warnings about a looming worldwide recession is growing ever louder. According to the latest Brookings-Financial Times TIGER indexes, which track the global economic recovery, growth momentum is declining in virtually all of the world’s major economies.

11 April 2019
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Thai junta pegs economic fortunes to China

After generals seized power in Thailand in a 2014 coup, they turned to Beijing to kickstart growth and buff up their vision of an innovative, developed country steered by wise leaders and buoyed by China-backed infrastructure.Thailand's economy sagged in the first years after the power grab but the junta is staking its hopes for an economic turnaround on the Asian giant.Yet concerns are mounting of an over-reliance on Beijing and the opacity of deals cemented by the generals.

19 February 2019
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Investors flock to Thailand’s EEC project

Thailand’s Eastern Economic Corridor (EEC) is slated to be an arterial node for trade, investment, and regional transportation, besides also serving as a strategic gateway to the Southeast Asian region.

3 December 2018
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Region’s digital economy exceeds expectations

Southeast Asia’s internet economy is slated to be worth more than US$240 billion by 2025 according to a joint study by Google and Singapore’s Temasek Holdings covering the six most advanced internet economies in the region – Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines. Previous projections foresaw a US$200 billion internet economy for the region by 2025.

19 November 2018
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