As the US-China trade war continues to brew, construction activity in Asia is at risk of becoming collateral damage, economists at Oxford Economics say. They noted, however, that the impact on the sector across countries will vary widely with some areas receiving a boost, as manufacturing activity is diverted from China. In Vietnam and Indonesia, […]
Read MoreGovernments must play an active role in reskilling and up-skilling Asean’s labour force to prepare for the impact of digital disruption on the labour market, experts are urging. A key challenge from the digital disruption is the need to re-skill and up-skill human capital, starting from the government sector, said Christian Viegelahn, a labour economist […]
Read MoreThe EU and Germany have committed to help strengthen Cambodia’s economic integration with Asean member states by providing a €9.35 million ($10.5 million) fund to boost the Kingdom’s trade and investment in the region. The pledge falls under the Asean Regional Integration Support – Cambodia Trade-Related Assistance (Arise Plus Cambodia) programme and was made during […]
Read MoreThe Hanoitimes – The Vietnamese government expects the exploitation and commercialization of IP will be valued and promoted with 8-10 percent of registered IPs to be put into practice. Vietnam aims to become one of the ASEAN countries taking lead in invention, intellectual property (IP) protection and exploitation by 2030, according to “The strategies of IP […]
Read MoreSoutheast Asia often makes headlines for its immense growth potential, with a rising mobile economy and increasing GDP. But at the same time, there are still issues to contend with. Approximately 73% of the region’s population remains unbanked, which has several adverse consequences. For one, bank accounts enable people to conduct daily transactions, and not having one greatly limits upward mobility. Proper savings which […]
Read MoreBANGKOK – Amid concerns over rising trade tensions and uncertainty about global economic growth, officials of 16 Asia-Pacific countries have voiced their commitment to speeding up negotiations for an Asia-wide free trade pact, with the hopes of concluding it by November, Thailand said Tuesday. The Regional Comprehensive Economic Partnership is being negotiated among the 10-member […]
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