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.
Philippines and South Korea Sign Free Trade Agreement
The signing of a historic free trade agreement between the Philippines and South Korea marks a significant milestone in their relationship.
Australia Unveils Southeast Asia Economic Strategy to 2040
Australia’s government announced its ‘Southeast Asia Economic Strategy to 2040’ with the aim to deepen the country’s economic and trade engagements with the region.
Philippines Central Bank to Introduce Incentives for Green Financing
The central bank of the Philippines is proposing the introduction of new incentives to encourage sustainable and green project financing in the country.
U.S.-Southeast Asia Relations in the Biden Era: A Timeline
We present a timeline that will track key developments affecting bilateral ties between the U.S. and Southeast Asian economies under the Biden administration.
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.
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.
Business Incentives for Foreign Investors in Singapore
Companies setting up in Singapore are eligible for various incentives that can help reduce their operational costs.
Minimum Wage for Micro Enterprises in Malaysia Comes into Force
Since July 1, 2023, the minimum wage for micro-enterprises in Malaysia has come into force having been previously deferred since 2022.
UAE and Thailand Explore Trade Agreement to Foster Bilateral Investments
Thailand and the UAE have agreed to launch negotiations to establish a Comprehensive Economic Partnership Agreement to expand bilateral trade and investment.