Boosting India-ASEAN Economic Collaboration: Key Highlights from PM Modi’s 12-Point Proposal
India’s Prime Minister Narendra Modi recently attended the annual ASEAN-India summit and the 18th East Asia summit held in Jakarta, Indonesia.
Indonesia Introduces De-Dollarization Task Force
Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.
Indonesia Introduces Golden Visa to Attract Foreign Investors
Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.
Vietnam Bolsters Regional Financial Links through Connectivity Payment Initiative
Vietnam officially joined ASEAN’s Regional Payment Connectivity initiative, which aims to enhance cross-border payment systems in the region.
Laos Enhancing Cross Border Railway Connectivity with Malaysia, China
Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.
How RCEP Ratification Benefits the Philippines
The RCEP officially comes into force for the Philippines in early June and opens a gateway of opportunities for businesses and investors.
How to Open a Corporate Bank Account in Singapore?
We discuss the requirements to open a corporate bank account in Singapore, including the necessary documents, and procedures, and note the country’s prominent banking institutions.
ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.
ASEAN, Russia Commit to Strengthening Partnership
ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.
Singapore and India Link Real Time Retail Payment Systems
Singapore and India have launched a real time payment mechanism (UPI-PayNow) to ease cross-border payments between the two countries.