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ASEAN Economic Community

Former ASEAN Secretary-General Surin Pitsuwan dies at 68

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Surin Pitsuwan, veteran Thai politician, diplomat and former secretary-general of the Association of Southeast Asian Nations (ASEAN), died in Bangkok on November 30 from...
Thailand, Malaysia, Indonesia enter currency pact to counter strong US dollar

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The central banks of Thailand, Malaysia and Indonesia agreed on a currency cooperation in order to promote the use of their local currencies for...
Laos kicks off ASEAN chair – security, integration on top of agenda

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Laos this week kicked off its chairmanship of the Association of Southeast Asian Nations, or ASEAN, with an agenda-setting meeting of the bloc’s foreign...
Cambodia’s poverty rate dropping rapidly

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The United Nations hailed Cambodia for its accomplishments in meeting its Millennium Development Goal targets in 2015. In a recent report, the UN calls...
What 2016 brings for Southeast Asia

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The new year 2016 will be an interesting year for Southeast Asia as the region finally implements the ASEAN Economy Community (AEC), some countries...
The ASEAN Economic Community kicks off – will it succeed?

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Today, December 31, is the day when the ASEAN Economic Community (AEC) is officially being inaugurated. The new economic bloc, a free trade area...
East Timor: From oil to beer

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In its bid to diversify its heavily oil-dependent economy, East Timor is turning to a different liquid: Beer. This month, Dutch beverage giant Heineken kicked...
ASEAN Economic Community formally created – is it real?

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Leaders of the Association of Southeast Asian Nations, or ASEAN, on November 22 declared the establishment of the long-planned regional economic bloc, the ASEAN...
English skills in Thailand remain dangerously low

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The newest EF English Proficiency Index (EF EPI), the world's largest ranking of countries by English skills, deals another blow for Thailand's educational system,...
Myanmar’s exorbitant property prices to stay until 2018

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Sky-high property prices in Myanmar, which in the country’s commercial capital Yangon have reached or partly exceeded the level of New York, Tokyo or...
Philippines, Vietnam have highest tax burden in Southeast Asia

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With the ASEAN Economic Community (AEC), the envisaged economic union of the Association of Southeast Asian countries (ASEAN), approaching and member countries eagerly competing...
Careers aliens do not + whore dust: Thainglish at its finest

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A recent unintentionally hilarious, but nevertheless highly embarrassing case of "lost in translation" calls to mind that English proficiency is not at its best...
Mapúa: Science, research in the focus

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Mapúa Institute of Technology, or simply Mapúa is a research-oriented Filipino tertiary institute located in Intramuros, Manila and in Makati. Investvine asked Dr Reynaldo...
Foreign property buyers can soon venture into Indonesia

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Foreigners and non-residents in Indonesia will soon be allowed to purchase and “own for lifetime” residential property, a new regulation that has been warmly...
Reopening of US naval base in Philippines could fuel South China Sea row

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The Philippine government on July 16 announced that it will revive a US-built deep-water naval base in Subic Bay, marking the return of military...
Thailand seeks direct trades in ringgit, kyat

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The Bank of Thailand is currently negotiating with Malaysia's central banking authorities on a direct exchange of both countries' currencies - the baht and...
Brunei to boost finance sector by launching its own stock exchange

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Brunei Darussalam could soon drop off the global list of countries without a stock exchange, where it currently appears together with Cuba, Afghanistan, North...
ASEAN Economic Community: Which professions can move freely?

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Expectations are high among workers living in one of the ten countries of the Association of Southeast Asian Nations, or ASEAN. With the advent...