Unlocking Growth: The Role of Asian Trade Agreements for American Businesses
By leveraging Asia’s network of free trade agreements, US businesses can benefit from better access to the large Asian markets.
Thailand’s Tourism Boost: Visa Waiver for Chinese Visitors
Thailand has introduced a visa waiver program for Chinese tourists as the government looks to boost the economy through this vital sector.
US and Singapore to Deepen Collaboration on AI and Emerging Technologies
The US and Singapore have committed to deepen their technology partnership by collaboration on key areas of critical and emerging technology.
Thailand’s Eastern Economic Corridor Sets New Investment Targets
Thailand’s Eastern Economic Corridor has set a new investment target of 500 billion baht (US$13.7 billion) over the next five years.
Philippines Sovereign Wealth Fund: Marcos Says Not Suspended but Being Optimized
The Maharlika Investment Fund is the Philippines’ first sovereign wealth fund and remains a top priority for President Marcos Jr. Amid reports that the fund was being halted, Marcos clarified that necessary improvements were being made.
Myanmar Implements Long-Awaited Minimum Wage Hike
Myanmar has increased the daily minimum wage rate after a five-year hiatus to 5,800 kyat (US$2.76) for an 8-hour day, from 4,800 kyat (US$2.28).
ASEAN, Canada Edge Closer to Concluding Free Trade Agreement
ASEAN and Canada have edged closer to concluding a free trade agreement with Canada officially achieving the strategic partnership status during the ASEAN Summit.
Indonesia’s Approach to BRICS: Opportunities and Membership Potential
Jakarta weighs up its options as it has decisions to make in early 2024 The idea of Indonesia joining the BRICS group was raised over a decade ago, and Indonesia has participated in some BRICS meetings. Over the past two years, the concept of Indonesia officially joining BRICS has been revived with the support of […]
Investing in Indonesia: The 2023 Mid-Year Investment Report
In this H1 2023 Indonesia investment report, we discuss the performance of standout sectors and highlight areas ripe for foreign capital infusion, business development, and trade expansion.
Exploring Friendshoring: Shifting Operations in Asia and China+1
In this article, we look at the possible destinations for friendshoring, focusing on the relationships of key Asian countries with the US and Europe.