ASEAN Briefing News

Thailand’s GDP Growth Forecast Raised to 2.3 Percent for 2014

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Thailand is expected to experience 2.3 percent economic growth in 2014, according to a revised forecast by Kasikorn Research Center.

ASEAN Corporate Governance Improves

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Corporate governance among some of ASEAN’s top public companies improved significantly last year, according to a report released last week.

Singapore Commits to Agreement on Trade Facilitation

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Singapore’s Ministry of Trade and Industry has announced its commitment to the World Trade Organization (WTO) Agreement on Trade Facilitation (ATF).

Hong Kong Wants Quick ASEAN Agreement

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Hong Kong’s Secretary for Commerce and Economic Development, Gregory So, recently stressed the importance of a quick completion to the proposed Hong Kong-ASEAN free trade agreement.

Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector

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Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.

U.S. Companies Eye Investment Opportunities in the Philippines

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Due to its potential for growth and development, U.S. businesses are looking to increase commercial and economic ties with the Philippines. Last week, U.S. Secretary of Commerce Penny Pritzker visited the Philippines to meet with President Aquino and other officials.

Cambodia-Malaysia Trade Grows Nearly 20 Percent in First Quarter of 2014

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Bilateral trade between Cambodia and Malaysia during the first quarter of 2014 was up by 17.6 percent compared to the first quarter of 2013, a Malaysian official announced this week.

E-Commerce Markets Across ASEAN

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Singapore, Malaysia, Indonesia, and the Philippines are quickly becoming four of the hottest e-commerce markets in ASEAN. In this article, we review the characteristics of each nation’s e-commerce markets and highlight opportunities for international investors.

Philippines Destined to be Asia’s Next Tech Tiger?

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The Philippines may have the fastest-growing economy in Southeast Asia, but it also has the slowest internet speed in the region. Despite this, some foreign investors believe they may have spotted an opportunity that could turn the country into Asia’s next tech tiger.

Two-Year Tax Breaks Proposed for Philippines’ Startups

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The Philippines have filed a bill that would grant a tax exemption for startup businesses during their first two years of establishment.

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