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• November 4, 2013 by ASEAN Briefing Reading Time: 3 minutes
  

  Challenges Await the ASEAN Banking Integration Framework

  By Matthew Davis Nov. 4 – Following periods of regional instability resulting from the 1997 Asian financial crisis and the recent global financial crisis, there has been great impetus for establishing a pan-ASEAN banking presence. In promoting such financial integration, the ASEAN nations hope to capitalize on economies of scale, a larger consumer base and[…..]
• October 29, 2013 by ASEAN Briefing Reading Time: 3 minutes
  

  Thailand Auto Market Accelerates Into Overdrive

  By Edward Barbour-Lacey Oct. 29 – Thailand is increasingly gaining a reputation as the “Detroit of the East,” in reference to the golden age of Detroit when it was the world’s automobile factory. Thailand is well on its way to becoming one of the most attractive places in the world to manufacture automobiles. One of[…..]
• October 24, 2013 by ASEAN Briefing Reading Time: 3 minutes
  

  Work Permit and Visa Applications in Malaysia

  Oct. 24 – Malaysia has a flexible visa policy that allows a majority of countries to enter without a visa for business trips that do not last longer than 90 days, including foreign nationals from the United States, France, Australia, Brazil, Germany, and the United Kingdom. Nonetheless, it is important to check ahead of time[…..]
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  October 7, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  Indonesia to Relax Tourism Visa Process

  Indonesia, currently hosting the annual APEC CEO Summit, will relax its tourist visa application process in a move that should help increase the numbers of travelers visiting the country.
• October 3, 2013 by ASEAN Briefing Reading Time: 3 minutes
  

  Xi Again Proposes an ASEAN Infrastructure Bank

  Chinese President on tour visiting Indonesia & Malaysia prior to APEC Summit Indonesia Oct. 3 – Chinese President Xi Jinping has again suggested the development of an ASEAN Bank that would invest in infrastructure throughout the region and that China would be prepared to invest in. China is not a member of ASEAN. Xi was[…..]
• September 19, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  ASEAN Meeting Held in Indonesia, Leaders Pledge Inter-ASEAN Support

  Sept. 19 – The leaders of the capital cities within the 10 ASEAN countries have begun to enhance inter-ASEAN relations through increased cooperation in response to preparing for upcoming ASEAN Economic Community (AEC) – an initiative for the creation of a single ASEAN market, which is slated to be complete by the end of 2015[…..]
• September 3, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  Laos Expands Rail Projects

  Sep. 3 – At the end of August a Thai contractor, Sermsaguan Construction Company Ltd., began construction on facilities at Laos’ Thanalaeng station. This station is the start of a railway linking Laos’capital city Vientiane with Thailand’s Nong Khai province. This is just one of many upcoming rail projects for Laos. The first phase of[…..]
• August 16, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  ASEAN Automobile Market to See Continued Growth

  Aug. 16 – A recent report released by market research and consulting firm Frost & Sullivan notes that the Association of Southeast Asian Nations (ASEAN) is expected to become the fifth largest buyer of cars by 2019. Fueled by rising incomes and a prime-age demographic, ASEAN’s automobile market has been forecasted to grow at a compound[…..]
• August 14, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  Myanmar Approves Plans for New International Airport

  Aug. 14 – This week Myanmar approved the Incheon International Airport Corporation’s bid for the construction of a US$1.1 billion airfield to be located within the country’s commercial center of Yangon. The airport, to be called the Hanthawaddy International Airport, will begin construction next year under the management of Incheon, a Korean company with experience[…..]
• July 23, 2013 by ASEAN Briefing Reading Time: 2 minutes
  

  ASEAN Expected to Commence FTA Talks with Hong Kong

  Jul. 23 – According to Hong Kong Secretary for Commerce and Economic Development Gregory So, the 10-nation ASEAN bloc and Hong Kong are expected to begin negotiations for a free trade agreement (FTA). This agreement would rapidly expand the volume of trade and investment between the two sides. Currently in the preparatory stage, the agreement[…..]