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Jokowi pushes for Southeast Asian travel arrangement

Indonesia’s President Joko Widodo pushed for travel to reopen in Southeast Asia, saying this would help economic recovery in the region that has seen coronavirus cases recede. He said the Association of Southeast Asian Nations needs to hit its vaccination target of 70% of the population of over 650 million people as soon as possible […]

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Vietnam: RCEP to beat drum for further trade

With the Regional Comprehensive Economic Partnership expected to enter into force early next year, more prospects could open up for Vietnam to woo additional investment and expand its trade with international partners. As scheduled, the second session of Vietnam’s 15th National Assembly will officially ratify the hallmark Regional Comprehensive Economic Partnership (RCEP), meaning the next […]

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Asia-Pacific predicted growth cut by IMF to 6.5%

The International Monetary Fund has cut its forecast for Asia-Pacific economic growth this year to 6.5 percent from 7.6 percent in April. The downgrade is the biggest of any global region. The IMF said the Coronavirus pandemic took a turn for the worse in the spring, with the Delta variant causing new spikes in infections. […]

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Philippines tops Southeast Asia in e-commerce sales – Amazon

MANILA, Philippines — The Philippines has the highest percentage of domestic e-commerce sellers in Southeast Asia, showing big room for growth for cross-border e-commerce, according to a survey of Amazon. Amazon Global Selling’s survey showed the percentage of domestic e-commerce sellers in the Philippines was at 70 percent, the highest compared to other Southeast Asian […]

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