SINGAPORE: Most Southeast Asian stock markets fell on Tuesday as a rout in Chinese shares ahead of a U.S. deadline for further tariffs on exports from the world’s second-largest economy soured risk sentiment across the region. Asia-Pacific MSCI index ex-Japan dropped over 1 percent in early trade. Indonesian shares fell nearly 2 percent to a […]
Read MoreASEAN and the broader East Asian region could play a leading role in promoting freer trade and investment flows amid a rising tide of protectionism, the chief of the UN’s trade and development arm said. Mukhisa Kituyi, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), made the comment yesterday as he expressed […]
Read MoreChina’s Yunnan province woos greater trade with South and Southeast Asia The Belt and Road Initiative (BRI) will not lead to a debt crisis for countries that borrow money from China to finance infrastructure projects, Li Jiming, director-general at Foreign Affairs Office of Yunnan province of China, said. He was speaking at a press conference […]
Read MoreLeaders of Cambodia, Laos, Myanmar, and Vietnam (CLMV) on Saturday pledged to strengthen cooperation in a number of priority sectors. The CLMV Summit was held on Saturday in Bangkok, bringing together high-ranking officials from each participating nation. Hun Sen, the Cambodian Primer Minister, told reporters after the summit that the countries have agreed to work […]
Read MoreThe Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) aims to strengthen ties between countries in the Mekong Delta by reducing economic barriers to cooperation. The scheme, to be presented in a forum in Bangkok this weekend, will promote the adoption of multiple-entry visas and establishing a common infrastructure fund, said Sanan Angubolkul, chairman of the ACMECS Business […]
Read MoreMember states of ASEAN are intensifying efforts to shift towards green growth, according to regional leaders and stakeholders who gathered for a sustainable conference in Singapore last month. Singapore is introducing a carbon tax to tackle greenhouse gas emissions, the Philippines is increasing its tax on imported coal by 15 times to US$3 per tonne, while […]
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