Economy & Trade

The UK Starts Talks to Join CPTPP, Seeking Access to ASEAN

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The UK’s interest in joining the CPTPP shows the government’s ambitions in expanding economic ties with Asian markets beyond China, such as with ASEAN.

The US-Afghanistan Withdrawal: Islamic Repercussions in ASEAN

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Chris Devonshire Ellis highlights the possible impact of the US withdrawal in Afghanistan on insurgency across Southeast Asia.

US Seeks Supply Chain and Other Partnerships with Singapore, Vietnam in New Soft Power Approach

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International investors can expect the US government’s renewed emphasis on its soft economic power in ASEAN.

RCEP Countries Lead in Chinese Q2 BRI Outbound Investment

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The RCEP nations of ASEAN, in addition to Japan and South Korea, were big winners in Q2 Chinese investment 2021, according to research from China Investment Research.

Malaysian Prime Minister Resigns, Deepening Political Crisis

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Malaysia’s prime minister, Muhyiddin Yassin, offered his resignation to the country’s King on August 16, 2021, after less than 18 months in power.

US – Vietnam Reach Agreement on Currency, No Tariffs Imposed

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Vietnam reached an agreement with the US regarding its practices on currency, marking an end to the dispute, and for Vietnam no threat of tariffs.

Thailand Issues Latest US$1.3 Billion Stimulus Package

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Thailand issued its latest stimulus package valued at 42 billion baht (US$1.3 billion), which provides financial assistance to businesses and people.

Thailand and the EU Resume Free Trade Agreement Negotiations

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Thailand and the European Union (EU) have agreed to resume negotiations on a free trade agreement (FTA), seven years after talks collapsed in 2014.

How US Businesses Can Access the East Asian US$25 Trillion RCEP Free Trade Market Agreement via Existing Agreements

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US businesses can access the RCEP free trade agreement through its existing agreements with partners in the region.

Singapore Launches Latest US$800 Million Economic Support Package

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On July 23, 2021, Singapore introduced its latest S$1.1 billion (US$800 million) economic support package as the country returned to Phase 2 restrictions.

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