European Union and ASEAN are gearing up for the summit meeting next month as part of the 45th anniversary of their dialogue and bilateral relations. The two-day summit, starting on December 14 at the EU headquarters in Brussels is expected to see the participation of the heads of state and government of ASEAN (Association of […]
Read MoreE-COMMERCE giant Shopee on Monday (Nov 14) started another round of layoffs, which affected some people in Singapore, in yet another round of job woes as its parent Sea Limited struggles towards profitability. This is at least the third round of job cuts Shopee has made this year, following its most recent layoffs in September. […]
Read MoreJAKARTA: Five Southeast Asian central banks signed on Monday a memorandum of understanding on regional cross border payments at an event ahead of a G20 summit in Bali. The five Asean countries are Indonesia, Malaysia, Thailand, the Philippines and Singapore. During the signing ceremony, Indonesian’s central bank governor Perry Warjiyo said regional connectivity will work […]
Read MoreThe Asia-Pacific region continues to be the largest contributor to the worldwide build-up of preferential trade agreements (PTAs), accounting for about half of PTAs worldwide, an ESCAP report said. The noodle bowl of Asia-Pacific trade agreements is now made up of 333 PTAs with at least one party of the Asia-Pacific, according to ESCAP’s Asia-Pacific […]
Read MoreTHE Association of Southeast Asian Nations (Asean) has agreed in principle to admit East Timor as the group’s 11th member, the bloc said on Friday (Nov 11). The half-island nation, which is officially called Timor-Leste, will also be granted observer status at high-level Asean meetings, the bloc said after regional leaders met in Phnom Penh to […]
Read MoreGrowth in Southeast Asia’s internet economy is slowing after years of expansion, showing that even emerging digital markets aren’t immune to economic headwinds. Online spending in the region will rise about 20% this year to $200 billion, research from Google, Temasek Holdings Pte and Bain & Co showed, slowing from 38% a year earlier. The region’s […]
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Thailand
