The relocation of production bases from China to ASEAN is perhaps the most notable benefit of the ongoing US-China trade war for the region.
Three ASEAN countries finished in the top-10 of last year’s Mastercard-CrescentRating Global Muslim Travel Index (GMTI) 2018 in a strong acknowledgement of the region’s reputation as an Islamic tourism hub.
The world’s biggest growers of palm oil say they’re stepping up efforts to produce the contentious commodity more sustainably, but consumers are unwilling to pay more for environmentally friendly supply.
Singapore is the most competitive economy in the region, placing second overall in the World Economic Forum’s (WEF) Global Competitiveness Index behind the United States (US).
Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned Tuesday.