Inter-regional trade will take off as Asian supply and value chains become more specialized. Asia is going through sweeping transformations that have altered its economic landscape in fundamental ways. The People’s Republic of China (PRC) is shifting from export-led to consumption-led growth. The opposite is happening in India, where the Make in India campaign hopes.. read more →

The Philippines is far behind in the race for billion-dollar exports of ASEAN (Association of Southeast Asian Nations) countries. In 2014, the leaders were Thailand with 12 product exports and Vietnam with eight. Indonesia had six, Singapore four, Malaysia three and the Philippines had only two (see Table 1). BW File Photo Meanwhile, among ASEAN.. read more →

2016 Nov 18
November 18, 2016

Will Asean pivot to China now?

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SINGAPORE (Nov 16): Now that Donald Trump is the US President Elect, market watchers expect the ratification of the Trans-Pacific Partnership to lapse, dashing the hopes of external markets that rely on US demand. That means Singapore would be the hardest hit among ASEAN countries by a fall in final demand from the US. Citi.. read more →

KUALA LUMPUR: Asean exports are projected to increase by more than 40 per cent with full implementation of the Economic Community, said Prime Minister Datuk Seri Najib Razak. read more →

ASEAN countries have taken over the European Union and are now a major driving force for China’s textile and apparel exports, said the China National Textile and Apparel Council. read more →