ASEAN’s Rising Minimum Wage Levels: Indonesia
Investors have complained that the somewhat drastic minimum wage hikes amongst ASEAN nations have hurt the market in terms of global competitiveness. In this article we will discuss the impact of recent minimum wage changes in Indonesia on conducting business in the country.
ASEAN Corporate Governance Scorecard
Jun. 11 – The ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank recently established a joint initiative called the ASEAN Corporate Governance Scorecard. Corporate governance refers to the system of governance which controls and directs corporations, and monitors their actions and policies. The stated objective of the ASEAN Corporate Governance Scorecard is to: […]
EU Lends its Support to ASEAN Over South China Sea Disputes
May 24 – Officials in the Philippines Department of Foreign Affairs (DFA) have recently confirmed that senior officials from the Association of Southeast Nations (ASEAN) met with officials from the European Union (EU) in Vietnam’s Ho Chi Minh City to discuss the issue of territorial disputes in the South China Sea. Currently there are numerous […]
First Round of RCEP Negotiations Conclude
The first round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) wrapped up on Sunday after being launched by the Association of Southeast Asian Nations (ASEAN) and six free trade agreement (FTA) partners last week.
FTSE & ASEAN Join Together Over Joint Indices
May 10 – The FTSE Group and five ASEAN stock exchanges (the Bursa Malaysia Exchange, the Indonesian Stock Exchange, the Philippines Stock Exchange, the Singapore Stock Exchange and the Stock Exchange of Thailand) have joined forces to launch a unique and innovative set of indices known as the FTSE/ASEAN Index series. The FTSE/ASEAN venture provides […]
Indonesia Ponders TPP Membership
The Indonesian government has shown interest in joining the United States-led Trans-Pacific Partnership (TPP), saying that its entry into the TPP negotiations would depend on trade agreements with key partners in the region.
Timor Leste Looks to Join ASEAN
Indonesian Foreign Minister Marty Natalegawa said last Friday that the Association of Southeast Asian Nations (ASEAN) will allow Timor Leste to partake in future ASEAN meetings and summits. ASEAN member states have increasingly taken an interest in approving Timor Leste to be ASEAN’s 11th member.
ASEAN+3 Further Promotes Regional Financial Cooperation
The Association of Southeast Asian Nations plus Japan, China and South Korea (ASEAN Plus Three) have decided to further promote regional financial cooperation at the recent ASEAN Plus Three meeting held last Friday in India.
Hong Kong to Sign Free Trade Agreement with ASEAN
Leaders of the Association of Southeast Asian Nations (ASEAN), who recently met in Brunei, are set to approve a decision by their economic ministers to expand trade ties with Hong Kong through the signing of a free trade agreement.
ASEAN and Chinese Foreign Ministers to Meet Over South China Sea Claims
Apr. 30 – In the aftermath of the ASEAN summit in Brunei, it appears that conscious steps have been taken to make progress towards lowering tensions in the South China Sea, with China proposing a meeting with ASEAN Foreign Ministers to discuss a code of conduct governing the area. ASEAN has long wanted to confront […]