ASEAN
Singapore joins West in imposing financial, trade sanctions on Russia
Singapore will impose “appropriate sanctions and restrictions” on Russia, the city state’s foreign minister said on February 28, including banking and financial measures and...
2022 to bring higher inflation, rate hikes for Southeast Asia
Inflation in Southeast Asian economies is expected to hit its highest level in ten years in 2022, setting the stage for the start of...
ASEAN nations sign world’s largest trade pact
The Regional Comprehensive Economic Partnership (RCEP) encompasses 15 nations.
The ten countries of the Association of Southeast Asian...
General Motors retreats from Thailand, sells production plant
US auto maker General Motors (GM) said it will wind down its
car manufacturing and sales operations in...
Hyundai to build first factory in Southeast Asia
South Korean car manufacturer Hyundai Motor has signed a preliminary deal to build a new factory in...
Vietnam aims to become ASEAN’s leading digital economy
Vietnam aims to become the leading digital economy in the Association of Southeast Asian Nations (ASEAN) by...
Japan keen on investing further in hybrid car industry in Thailand
Japanese companies are interested in investing more in hybrid car manufacturing in Thailand, the National News Bureau...
Laos a draw for investors, but obstacles remain
With growth rates of around seven per cent in recent years, Laos is one of the best performing in ASEAN. The country’s GDP rose...
Indonesia’s Batam hoping for $60 billion in investments
Indonesia wants to re-position Batam, an island archipelago just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compete...
Singapore, Malaysia, Brunei top ASEAN countries in global talent index
Singapore is topping the 2019 Global Talent Competitiveness Index in the Association of Southeast Asian Nations (ASEAN), as well as in Asia-Pacific for the...
ASEAN countries welcomed 129 million tourists last year, up 7.6%
Close to 129 million tourists visited the ten member countries of the Association of Southeast Asian Nations (ASEAN) in 2018, which translates into a...
Laos lost $30 million to corruption this year
Corruption in Laos has become worse despite the government’s ramped-up efforts to battle the issue over the past two years, NGOs say.
In addition, many...
Indonesia’s digital economy to become largest in ASEAN by 2025
The annual “e-Conomy Southeast Asia” study conducted by Google and Singapore's state holding company Temasek found that Indonesia’s digital economy is poised to become the...
Thailand’s economy slows, foreign investors on the sidelines
Thailand's economy slowed in the third quarter this year as the trade war and a slowdown in tourism started to bite, prompting the government...
Thailand takes over ASEAN chairmanship
The chairmanship of the Association of Southeast Asian Nations (ASEAN) was formally turned over on November 15, with Singaporean Prime Minister Lee Hsien Loong...
EU-Vietnam trade agreement to eliminate 99% of all tariffs
The European Commission on October 17 adopted the long-planned trade and investment agreements between the European Union (EU) and Vietnam, paving the way for...
Thailand’s weak education system a big drawback for development
Thailand’s outdated and somewhat defunct education system is holding back a new generation from becoming productive and innovative, it turned out in the new...
Philippine inflation could rise to 7%, only lagging Myanmar’s in ASEAN
Filipinos are increasingly forced to tighten their belts in the wake of a continued high inflation rate which reached 6.4 per cent in August...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...