(Continued from here) THE Chairman’s Statement during the last Asean Summit (April 2017) drew a bright picture of future Asean economic growth prospects. “Asean’s combined GDP stood at $2.55 trillion in the first half of 2016, with a robust year-on-year real GDP growth rate of 4.7 percent despite the challenging global environment The region’s economic.. read more →

SURELY a landmark event in the history of the Association of Southeast Asian Nations was the formal establishment of the Asean Economic Community on December 31, 2015. According to the AEC Blueprint 2015, the aim is “to transform Asean into a single market and production base, a highly competitive economic region, a region of equitable.. read more →

The fourth industrial revolution (4IR)—the interaction of technologies across the physical, digital, and biological realms—is expected to disrupt everything, from institutional structures of government bodies to operating models of businesses. The new revolution, much like previous ones, will test countries’ ability to adapt to new systems. In the case of the Association of Southeast Asian.. read more →

BANGKOK —  Thailand’s military government has been forced to set a six-month grace period for new migrant labor laws with harsh penalties, after protests and panic among workers and employers. Migrant labor has a crucial place in the Thai economy, with up to 2.7 million workers from neighboring Myanmar, Laos, and Cambodia working in fisheries,.. read more →

BANGKOK – Thailand may face a major labour crisis if it does not quickly adopt measures to help legalise an estimated 2 million migrant workers, following the approval of a new foreign labour law that imposes stiffer penalties on employers, a labour NGO said. Mr Sompong Srakaew, director of the Labour Rights Promotion Network, told.. read more →