MANILA, Philippines— The ten leaders of the Association of Southeast Asian Nations on Sunday agreed to conclude the proposed free trade agreement between the ASEAN and India, Japan, South Korea, Australia and New Zealand. In their vision statement on partnership for sustainability, the ASEAN leaders concurred to exercise “maximum flexibility” to complete the FTA this year. […]
Read More[BANGKOK] Southeast Asian leaders will dissect the impact of the US-China tariff war this weekend at a Bangkok summit, with Beijing determined to drive forward a trade pact sweeping in 40 per cent of global commerce – but excluding America. Disputes in the flashpoint South China Sea and Myanmar’s treatment of Rohingya Muslims are also […]
Read MoreA HUGE infrastructure gap exists in Asean and it has become increasingly clear in recent years that the region may not be able to fund its infrastructure needs. With the ramping up in demand for infrastructure development, governments in Asean may need to re-look their approach to plugging the infrastructure gap. According to the Asian […]
Read MoreJAKARTA (BLOOMBERG) – Indonesia is on track to join the Philippines in a new monetary-easing cycle as a darkening global outlook forces Asia’s most aggressive interest-rate hikers of recent times to reverse course. While Bank Indonesia is widely expected to leave its benchmark rate unchanged on Thursday (June 20), the central bank has offered its […]
Read MoreMANILA, Philippines — The Philippine bond market posted the second fastest growth in the East Asia region in the first quarter of 2019, driven by aggressive government and corporate borrowings, the latest bond monitor report of the Asian Development Bank (ADB) showed. The quarterly Asia Bond Monitor showed that the country’s outstanding local currency (LCY) […]
Read MoreSpecial Feature brought to you by UOB The concept of smart cities and Industry 4.0 took centre stage at the ASEAN Conference 2019, held earlier this month, even as participants grappled with concerns over rising trade tensions between the US and China. While there are headwinds to global growth, ASEAN’s potential remains intact, with more businesses expected […]
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