Singapore, as the new ASEAN chair, is confident that ASEAN’s prospects are bright for the next 50 years. Speaking at a public lecture on ASEAN at the Yusof Ishak Institute on Tuesday, Singapore Foreign Minister Vivian Balakrisnan said that had ASEAN not been formed 50 years ago, the region would have become a collection of […]
Read MoreAsean has been celebrating its 50th birthday this year amid rising protectionist sentiment, which provides a challenging global context. Consequently, there has been much debate and reflection recently on the impact of globalisation and the fate of regional blocs. As the world becomes more connected through business, travel and technology, we have also become more […]
Read MoreThe Association of Southeast Asian Nations (Asean) is expected to become the world’s fourth largest economy in less than a decade but its 10 members vary substantially in terms of risks and opportunities, a Fitch Group unit said. “Given its bright growth prospects and huge market potential, we believe that Southeast Asia will increasingly feature […]
Read MoreAsian businesses have continued to invest in Myanmar despite the unfolding humanitarian crisis in northern Rakhine. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. […]
Read MoreWealthy women in Asia are more likely to delegate key financial decisions to family members than their male counterparts, according to a recent YouGov and Saij Elle survey. The share of wealth in Asia owned by women is rising rapidly, yet close to a quarter of rich woman in Asia leave retirement and investment decisions […]
Read MoreMANILA, Philippines — Green financing in ASEAN is expected to grow along with the projected increase in global green fund issuances to $1 trillion by 2020, according to a recent study by the World Bank and the ASEAN Capital Markets Forum (ACMF). As such, ASEAN countries have developed the ASEAN Green Bond Standards, which were […]
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