As storm clouds hang over the global economy, Asean is perceived as one of the fastest growing and more stable economic regions. This presents an opportunity to strengthen relationships with other partners, such as through China’s Belt and Road Initiative and the US-initiated Free and Open Indo Pacific Plan, which is backed by Australia, India […]
Read MoreMore manufacturers have relocated from China to Southeast Asia over the past few years, largely because labour costs on the mainland have become less and less competitive. The trend has been reinforced by the China-US trade war that began in 2018. A new research report by the property consultancy JLL indicates that Vietnam, Thailand and […]
Read MoreThe private sectors of Asean nations are preparing organic standards to reduce production costs and improve supply chain management. Vitoon Panyakul, chairman of the Asean Organic Federation, said yesterday that the group, representing six major organic-producing countries, will today introduce the organic standards at Biofach Southeast Asia 2019 and Natural Expo Southeast Asia 2019. The […]
Read MoreAs the Chinese economy grows and demand for more complex imports goes up, Asean – which has a heavy trade dependency with China – needs to begin investing in human capital and information communication and technology (ICT) infrastructure, say analysts at OCBC. They pointed to how the booms and busts of the electronics cycle in […]
Read MoreIn Vietnam, Thailand and other Southeast Asian countries, local companies have entered the automobile market in succession. They are attempting to take on the challenge of competing with Japanese carmakers, who dominate the regional market, by promoting their domestic brands. The governments of these countries are also heightening efforts to support the development of their […]
Read MoreKUALA LUMPUR: Trade uncertainty will weigh on growth and investment in Asia-Pacific despite somewhat easier financial conditions, S&P Global Ratings says. Despite what appears to be a temporary truce in the US-China trade and technology dispute, policy uncertainty has risen since earlier in 2019 when a deal also looked likely, it said in its report […]
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Thailand
