ASEAN integration is “not going anywhere” if trade regulations between Asean countries are not reformed, a recent forum heard. “Asean has done very little beyond lowering tariffs between countries,” argued Deunden Nikomborirak, research director in economic governance at the Thailand Development Research Institute (TDRI). Deunden was speaking during a seminar discussion at the “Chevening Annual […]
Read MoreSoutheast Asia’s rapid urbanisation and increasing affluence has led to concerns about the growth of consumerism and its impact on sustainability. Consumerism is the constant purchasing of goods and services not termed as needs such as food, water, clothing and shelter and follows changing trends and fashion. Driving market forces, consumerism has become a way […]
Read MoreIndia is expected to strengthen economic ties with Thailand and the Asean region in 2019 through joining the Regional Comprehensive Economic Partnership (RCEP) and its participation in the on-going trilateral highway project. “Despite India’s concerns about its trade deficits with Asean countries and China, it would be missing out on a key economic opportunity […]
Read MoreAlthough Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states. Cambodia, Malaysia, Singapore, and Vietnam (along with Mozambique) were highlighted in notes accompanying the latest DHL Global Connectedness Index (GCI 2019) as the five countries globally where international flows were […]
Read MorePhnom Penh, Battambang, and Siem Reap have been included in the Asean Smart Cities Network, and will benefit from the assistance of the Japanese government in creating technologically advanced urban spaces. The Asean Smart Cities Network (ASCN) is a collaborative platform where cities from Asean member states work towards the common goal of smart and […]
Read MoreTOKYO: The Japanese government endorsed at a cabinet meeting Tuesday a plan for a revised free trade agreement (FTA) with the Association of Southeast Asian Nations that includes the liberalisation of the service sector and investment field. The pact between 10-member Asean, Japan’s major trading partner in Asia after China, will take effect among countries that have completed […]
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