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    Japan Strengthens Relationship With ASEAN

    Sept. 17 – Japanese leaders have strongly emphasized their intention to further strengthen their relationship with ASEAN as of this year – the 40th anniversary of Japan-ASEAN relations – due to the country’s relatively poor relations with China and South Korea. Displaying the importance that Japan has put on the region, the first three countries[…..]

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    The China-ASEAN “Diamond Decade”

    During the 10th China-ASEAN Expo, Chinese Premier Li Keqiang announced the proposal of a “Diamond Decade” between China and the ASEAN nations, which will seek to build greater economic cooperation between the two areas.

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    Philippines President Cancels China-ASEAN Trade Fair Visit

    Pressure from Beijing over United Nations legal action causes rift amid “concerns for safety” at Nanning Expo Sept. 3 – The Philippines’ President Benigno Aquino has cancelled a visit to the China-ASEAN Expo in Nanning after Chinese officials demanded he first withdraw a legal complaint over the South China Sea the Philippines has lodged with[…..]

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    September 2013 ASEAN Regional Meetings

    There are a number of important meetings being held in September, including a series of meetings for ASEAN Defense Ministers and several economic forums. The key meetings of note for our readers are as follows.

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    Positive Outlook in ASEAN for American Companies

    Aug. 29 – According to the 2012/13 ASEAN Business Outlook Survey the majority of U.S. companies operating in the ASEAN region expect to see continued growth in their Asian operations. The survey, conducted by the U.S. Chamber of Commerce and their regional affiliate AmCham Singapore, found that 90 percent of respondents will increase their trade and[…..]

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    Singapore to Deepen Bilateral Relationship with China

    Aug. 28 – Singaporean Prime Minister Lee Hsien Long embarked on a week-long official visit to China earlier this week upon the invitation of Chinese Premier Li Keqiang. During the visit, China stated its eagerness to review and continue improving its free trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN). In turn,[…..]

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    ASEAN Report: FDI Flows at a Record High

    Aug. 23 – The Association of Southeast Asian Nations (ASEAN) recently published their 2012 ASEAN Investment Report in which the they revealed their recent foreign direct investment (FDI) successes. Specifically: FDI flows into ASEAN rose to an all-time high of US$114 billion in 2011 (up 24 percent year-on-year compared to 2010); ASEAN took in about 7.4 percent[…..]

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    ASEAN Economic Ministers Meet in Brunei

    Aug. 22 – The 45th Association of Southeast Asian Nations (ASEAN) Economic Ministers Meeting (AEMM) was held in Brunei this past Monday. Upon arrival the ASEAN ministers held a joint press conference at which they expressed their happiness about the strong economic performance and resilience of ASEAN in 2012. Specifically, the ministers noted that all[…..]

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    Singapore Increases GDP Forecast

    Aug. 9 – The outlook for Singapore’s GDP was revised upwards this past week following greater than expected growth over the first two quarters of this year. The announcement came from Singapore Prime Minister Lee Hsien Loong during his televised National Day address to the country. Economic growth was previously projected at a GDP growth[…..]

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    Singapore’s RMB Business Up 80% in Three Months

    Singaporean banks, arguably the financial apex of ASEAN, have reported an 80 percent increase in the number of local companies using China’s national currency, the renminbi (RMB), to settle transactions.

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