Government

Government

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Trade vs Territory: Southeast Asia’s rocky boundaries

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The shooting of a Taiwanese fisherman by the Philippine coast guard has instigated yet another needless flashpoint in the rocky waters of Southeast Asia. Nationalistic governments fail to understand the order of the global economy.
Marcos clan enjoys easy wins

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Election commission data on May 14 showed that the clan of late Philippine dictator Ferdinand Marcos won big in the country's mid-term elections held...
Myanmar investments jump fivefold

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Investment into the newly opened economy of Myanmar have increased fivefold between the fiscal years 2011/12 and 2012/13, ending in March, the country's president...
Estrada vows to make Manila ‘a better city’

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Former Philippine President Joseph Estrada, who has been declared mayor of Manila after May 13's mid-term election, said that all of his voters "have...
Joseph Estrada declared Manila mayor

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Former Philippine President Joseph Estrada has been declared mayor of Manila on May 14 in what was his first elected post since he was...
Brunei wise to set focus on food security

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Agriculture is the next sector the Brunei government has set sights on to transform its oil-dependent economy, a forward-thinking measure that future generations will certainly be thankful for.
Myanmar kyat weakening steadily

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Myanmar's currency, the kyat, has been weakening steadily against the US dollar since the formerly tightly controlled exchange rate has been floated in April...
Philippine polls feature rogue candidates

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The Philippine mid-term elections being held on May 13 are seen as a mandate for President Benigno Aquino's reform agenda. Voters are choosing more...
Thailand on ambitious solar power push

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With an official government development plan due in June 2013, Thailand is set to retain its reputation as ASEAN’s most aggressive developer of solar...
Looking East: Indonesia, the next opportunity for Qatar

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Indonesia, the largest economy and the most populous country in Southeast Asia, is opening up for more oil-related investments. The country needs new oil refineries to meet the domestic demand of its ever-growing population.
The unspoken daemons of the Philippine elections

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President Aquino has engendered a lot of sympathy in the Philippines. However, poverty levels are stagnating and job creation remains a debilitating problem due to a lack of labour-intensive industries.
New investment index sends confusing message

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An newly published investment index by US media group and centrist think tank Foreign Policy, listing 102 countries globally for best returns, is based on a - to put it mildly - questionable and misleading methodology.
ASEAN’s GDP forecast to double by 2020

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The ASEAN economy will more than double by 2020, with the nominal gross domestic product of the regional bloc increasing from $2 trillion in...
Myanmar thirsting for beer, hard liquor

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Myanmar's largely untapped booze industry leaves "huge room to grow for hard liquor and beer in the country," according to Myint Zaw, senior CEO...
$20m Islamic fund targets Asia

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Asiya Investments Dubai, a unit of Kuwait-based Kuwait China Investment Corporation, is aiming to capture growth in emerging Asia with the recent launch of...
Sixteen nations kick off trade talks

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Sixteen economies in Asia Pacific began their first meeting on May 9  in Brunei on the establishment of a regional free-trade agreement, the Regional...
Sumitomo pays $1.52b for Indonesia bank

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Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Philippines gets third investment rating

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The Philippines on May 7 received its third investment grade credit rating, this time from the Japan Credit Rating Agency Ltd, or JCRA. The Japanese...