Economy & Trade

Indonesia and the Philippines Agree on Maritime Border

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Indonesia and the Philippines inked an agreement last week that clearly defines the borders of the two countries’ Exclusive Economic Zones (EEZ) in the Mindanao Sea and Celebes Sea.

Vietnam Granted Largest Loan Yet from ASEAN Infrastructure Fund

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Last week, the ASEAN Infrastructure Fund (AIF) approved a US$100 million loan to finance a power transmission project in Vietnam while giving the green light to several other infrastructure projects in the region.

Thai Military Coup – Investment and Operational Issues

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While Thailand’s military coup may cause some issues for international investors, companies operating in the country remain stable as the military seeks to enforce a period of calm before establishing an interim government.

ASEAN Finance Ministers Discuss Economic Integration Amidst Regional Tensions

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ASEAN finance ministers gathered in Manila on Tuesday at the 10th ASEAN Finance Ministers’ Investors Seminar to discuss various political and economic issues, and to finalize the framework for 2015 economic integration.

Political Unrest Weighs on Thailand’s Economy

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Thailand’s political gridlock has struck a blow to the country’s economic progress following the ousting of Prime Minister Yingluck Shinawatra, with Moody’s rating agency calling it a “credit negative” event.

Summary of Joint Statements Announced During the 24th ASEAN Summit

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The 24th ASEAN Summit, which took place last week, brought together the ASEAN nations to promote greater economic and political cooperation. In this article, we review the important agenda points from the event.

Conflict in the East Sea Dominates Recent ASEAN Summit

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Vietnam’s Deputy Prime Minister and Chief Foreign Minister, Pham Binh Minh, has revealed that one of the key topics at the recent 24th Association of Southeast Asian Nations Summit was the issue of the recent events between Vietnam and China over the East Sea.

U.S. and New Zealand to Challenge Indonesian Agricultural Restrictions at WTO

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The United States has announced it will request a new World Trade Organization dispute settlement consultation with Indonesia over licensing requirements for the import of agricultural products.

Indonesia to Relax Tax Burden on Mineral Exports

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The Indonesian government is finalizing a set of new regulations that will reduce the export tax on mineral concentrates for mining companies operating in the country. In order to avail the reduced export taxes, eligible mining companies must agree to build a smelter in Indonesia.

Singapore’s Trade Minister Talks Up Free Trade Agreements

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Singapore’s Trade Minister praised the city-state’s participation in regional and global trade deals that will help position the country as a nexus for international business.

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