Economy & Trade

State by State – ASEAN and Ohio Trade

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Ohio is a major state economy in the US thanks to the trade relationships Ohio-based companies have with other countries. ASEAN in particular has been a key trade partner with future potential for growing trade links under the TPP.

Indonesia to Implement Policy Package to Strengthen Lackluster Economy

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As Indonesia continues to struggle with an economy that refuses to strengthen adequately, President Joko Widodo has launched a policy package intended to jumpstart economic growth in the country.

22nd Meeting of the APEC Finance Ministers: Further Financial Integration Ahead

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The 22nd meeting of the Finance Ministers of the Asia-Pacific Economic Cooperation (APEC) forum was wrapped up earlier this month. The meeting focused on a range of financial and regulatory issues, as well as continuing the work of further integration of the region.

Eurasian Economic Union (EAEU) plans FTA expansion within ASEAN

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The Eurasian Economic Union is actively working to improve its trade relationships with ASEAN members ahead of the ASEAN Economic Community’s completion this December. In this article, we analyze how far the EAEU has advanced relations with individual ASEAN nations.

Indonesian FDI Highest Among ASEAN Members in First Half of 2015

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With growing uncertainty over China’s economic stability, recent FDI statistics released by the Financial Times come as a reassurance that investors are taking a more pragmatic, nuanced approach towards risk mitigation in Asia.

Asian Highway to Link India, Myanmar, and Thailand

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A new section of the planned Asian highway linking India, Myanmar, and Thailand has become operational. The 25.6 kilometer roadway will reduce travel time between Thinggan Nyenaung and Kawkareik from three hours to 45 minutes.

ASEAN Region Poised for Increased Foreign Investment as China’s Economy Slows

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As China’s once unparalleled economic growth begins to cool, investors are increasingly looking to diversify their assets in Southeast Asia. In this article we provide an overview of the promising trends major ASEAN markets as based on this Business Optimism Index.

ASEAN and China Continue Negotiations on Expanded FTA

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ASEAN and China have announced that they expect to complete their negotiations on an expanded free trade agreement (FTA) by November of this year. The announcement was made on August 23 during the 47th Association of Southeast Asian Nations Economic Ministers’ Meeting. During the recent gathering, the economic ministers of the ASEAN nations met with China’s Minister of Commerce, Gao Hucheng.

No New Tax Measures from the Philippines for President Aquino’s Final Year

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According to recent statements from the Philippine government, the country will not be introducing any major new tax measures during President Benigno Aquino’s final year in office. However, the government will continue to search for efficiencies in the areas of tax administration and collection in order to boost tax receipts.

Norway Enters into Formal Partnership with ASEAN

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Norway has become the first European country to enter into a formal partnership with the ASEAN trading bloc. The northern European country has been accepted as a Sectoral Dialogue Partner, a move that was announced at the recent ASEAN meeting in Kuala Lumpur.The ASEAN free trade area includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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