Trade

Cambodia will not give in to EU trade preferences

Cambodia's strongman leader Hun Sen said Tuesday his country would not "bow its head" to the European Union (EU) as the bloc prepares to decide whether to cancel trade benefits to the kingdom over its human rights record.But premier Hun Sen warned of economic rough seas ahead for his country, with some garment factories likely to close in the coming weeks as key supply chains from China slow amid the coronavirus crisis. The EU is set to decide on Wednesday whether to s

12 February 2020
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ASEAN: Outlook for 2020 Part 1

2019 proved to be a tumultuous year for the region. Some ASEAN countries faced major challenges. For example, Indonesia was, yet again, struck by disasters multiple times. But it was also a time when several countries were navigating their respective democratic paths.

2 January 2020
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EU, UK seen closing in on 'possible' Brexit text

Brussels hopes to wake up to a Brexit breakthrough Wednesday as EU and British negotiators worked hard through the night on a draft agreement.The pound hit its highest level in five months after both sides voiced cautious optimism that an outline agreement could be found before Thursday's key European summit.Any deal would still have to go to EU leaders at that summit and then be voted on by a sceptical British parliament – perhaps as early as during a special session on Saturday.But EU

16 October 2019
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Celebrating ASEAN’s entrepreneurs

Over the weekend, the second ASEAN Lifestyle Week 2019 (ALW2019) was held at the Kuala Lumpur Convention Centre in Malaysia to showcase the best that ASEAN small and medium enterprises (SMEs) have to offer in the lifestyle sector. Organised by Yayasan Budi Penyayang Malaysia (Penyayang), ALW2019 had exhibitors from across the region comprised of businesses from different sectors.

18 September 2019
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Hanoi to curb fake 'Made-in-Vietnam' goods

Hanoi has vowed to crack down on manufacturers illegally using "Made in Vietnam" labels on items destined for America to dodge punishing tariffs as the US-China trade spat drags on.Exporters have started shifting production from China to Vietnam to avoid 25 percent levies imposed by US President Donald Trump on $200 billion worth of Chinese goods. But Hanoi said some manufacturers are illegally claiming their goods - including textiles, seafood and agricultural products - a

11 June 2019
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Why Cambodia needs China

Amid Hun Sen’s growing tensions with the West, Cambodia’s already warm relations with China has reached new heights. After a recent three-day visit to Beijing, Hun Sen announced that China has pledged almost US$600 million in aid to Cambodia.According to Hun Sen’s official Facebook page, the US$600 million aid will run for three years, from 2019 to 2021.

24 January 2019
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ASEAN: Outlook for 2019 Part 1

2018 proved to be a tumultuous year for the region. Some ASEAN countries faced major challenges. For example, Indonesia was struck by disasters multiple times from earthquakes to a tragic plane crash to a devastating tsunami. Elsewhere, countries were navigating their respective democratic paths. Cambodia and Thailand saw its institutions challenged with Hun Sen winning an allegedly rigged election in Cambodia while Thailand’s junta continued to delay elections it promised to hold.

6 January 2019
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Food security rests on trade

From farm to fork, the international community is facing growing challenges in eradicating hunger and malnutrition. And yet while some parts of the world are obviously better endowed than others in terms of climate, soil, water, and geography, there is plenty of food to go around. So why is food insecurity a problem for so many people in so many countries?What is missing are conditions ensuring that healthy and nutritious food can reach those who need it.

24 November 2018
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Does the West want what technology wants?

In many dimensions, today’s West is not at its best. Many people are challenging the values of liberal democracy (individual rights and majority rule) and even those of the Enlightenment (reason, science, and truth). Populist parties are channelling such sentiments with considerable electoral success, capitalizing on economic malaise, widening inequality, and rising immigration.Technology is often blamed for the social ills underpinning the populist surge.

28 June 2018
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Thailand developing closer ties with the US

Thailand is the only country in Southeast Asia to have never been colonised. It is perhaps a testament to the strength and resilience of the country in doing away with any foreign interference on its shores. However, Thailand has had interactions with colonial powers before, as can be seen when the United States of America (US) established relations with then Siam in 1818. The Treaty of Amity and Commerce, which formalised diplomatic relations, was also signed by both countries in 1833.

24 May 2018
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Foreign banks attracted to the Philippines

The Philippines is fast becoming a hub for foreign banks looking to expand and establish their presence in Southeast Asia. A steady banking system coupled with an educated citizenry are some of the factors drawing international financial institutions to its shores. The presence of these foreign banks mostly comes in the form of representative offices that are particularly focused on marketing. These offices are important in drawing investment into the country.

22 May 2018
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Enter the dragon: Beijing's charm offensive

China’s foreign policy exerts a certain weight in the international community, and many have, in fact, likened the country to a superpower within the Asia region. However, like superpowers of the past and present, it cannot rely on just military and economic strength alone, but must also possess considerable “soft power”, manifested in what is referred to as Beijing’s “charm offensive”.

19 May 2018
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