2017 May 03
May 3, 2017

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MANILA, Philippines –  The Association of Southeast Asian Nations (ASEAN) Business Advisory Council is finding ways to improve the region’s economy, making it more inclusive for everyone. During a daylong Prosperity for All Summit last Friday, ASEAN-BAC chairman Joey Concepcion said the 10-member group should all work together to prepare for “the next big leap”.. read more →

The Association of South-east Asian Nations (Asean) held its 30th summit in Manila last week amid growing anti-globalisation sentiments in the West. As Western markets become more inward-looking, intra-Asean links will matter now, more than ever. During the summit, Prime Minister Lee Hsien Loong urged Asean to resist inward-looking sentiments and to tap on its.. read more →

2017 Mar 16
March 16, 2017

Asean braces for uncertainty

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Asean members must remain vigilant to ensure a stable 2017 following their solid 2016, and are cautiously observing the latest developments in the world economies, particularly in the United States, China and Europe. In 2016, Asean’s economies posted healthy economic data, with good gross domestic product growth and relatively low inflation. Focusing on the three.. read more →

THAILAND is projected to become the world’s 25th-largest economy in 2050, and as emerging economy will overtake some of the advanced economies, but it will fall behind neighbouring Vietnam and the Philippines, a PwC report says. Thailand could fall from 20th place in 2016 to 22nd in 2030 and to 25th in 2050, when its.. read more →

THE Singapore Business Federation (SBF) has urged all World Trade Organisation (WTO) members, especially the Asean members, to come on board the Trade Facilitation Agreement (TFA), which came into force on Wednesday. In a release on Thursday, SBF said that the TFA would help small and medium-sized enterprises (SMEs) be more competitive and help them.. read more →