THE middle-income trap has become a concept deployed frequently in conversations among policymakers and academics in East Asia. The term is used by those trying to understand failed industrial upgrading in the region, which has occurred against a backdrop of prolonged economic slowdown in ASEAN middle-income countries. These bleak economic developments can be traced to a trend […]
Read MoreEven as more than half of South-east Asia’s Internet economy is made up by seven metro areas, there are clear signs that Internet economy players are investing to develop their businesses beyond these areas in search of further growth. Tokopedia for instance, in August announced its intention to “go rural” by signing a memorandum of understanding to […]
Read MoreCHINESE investment is flowing into Asean once more, as projects under the Belt & Road Initiative (BRI) see a recovery and ongoing trade tensions with the United States are prompting Chinese companies to invest in parts of South-east Asia, Maybank Kim Eng noted in a report. China’s investments and construction contracts In Asean rebounded to […]
Read MoreThe 16th China-ASEAN Expo and China-ASEAN Business and Investment Summit that took place in Nanning, Guangxi Zhuang Autonomous Region, last month signifies advances in China’s Belt and Road Intiative, observers say. The theme for this year’s event, which has been held since 2013, was “Building the Belt and Road, Realising Our Vision for a Community […]
Read MoreAsia Pacific ranked second worldwide in terms of international tourism growth, reporting an increase of 6.0 per cent year-on-year. Growth was driven by Korea, which received a total of 8.4 million visitors during the period, representing growth of 16.9 per cent year-on-year. Within Asean, Vietnam continued to record strong visitor arrivals on the back of […]
Read MoreMANILA, Philippines — The Tourism Promotions Board (TPB) continues to strengthen its promotions in the Chinese and ASEAN markets as it recently participated in a regional trade expo. The agency said it joined the 16th China ASEAN Expo (CAEXPO) in Nanning, Guangxi, China from Sept. 21 to 24 for the 16th China ASEAN Expo (CAEXPO). […]
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Thailand
