MORE supply-chain shifts to Asean are being announced, and these are increasingly led by capacity additions rather than the use of existing capacity, said Citi economists Kit Wei Zheng and Ang Kai Wei in an Oct 15 report. They noted 29 announcements in the third quarter of 2019 and 24 in the second quarter, compared with […]
Read MoreCambodia became the latest country in Southeast Asia to host the launching of a new book about the Association of Southeast Asian Nations (Asean). The launching of ‘An Evolving Asean: Vision and Reality’ was held yesterday at the Cambodia office of the Asian Development Bank (ADB). The book, which compiles the writings of seven leading […]
Read MoreIn 20 years, it is estimated that all ASEAN member countries will become ageing societies, where more than seven per cent of the population will be 65 years old or older; and by 2050, the proportion of people over the age of 65 in ASEAN is expected to triple, said Minister of Culture, Youth and […]
Read More[BANGKOK] Asia Pacific growth is expected to slow to 5.8 per cent in 2019, down from 6.3 per cent in 2018, due to uncertainty around the ongoing US-China trade tensions, a World Bank report said on Thursday. The report highlights the weakening global demand and heightened uncertainty that led to a decline in exports and […]
Read MoreSOUTH-EAST Asian stores are becoming more popular with tourists from mainland China during Golden Week festivities, according to Chinese e-wallet provider Alipay. Asean made up half of the top 10 destinations by transaction volume, during the week-long holiday that began with China’s National Day on Oct 1, compared with three in the year before. Newcomers […]
Read MoreThe Hanoitimes – Trade readiness improvements and economic dynamism are driving Vietnam’s trade growth potential. Vietnam shows the strongest progress in trade growth potential in ASEAN, driven by improvements to its trade readiness and economic dynamism, according to Standard Chartered’s newly published research Trade20 Index. The country owes its improving strength in trade readiness to […]
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Thailand
