ASEAN Briefing News

Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector

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Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.

U.S. Companies Eye Investment Opportunities in the Philippines

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Due to its potential for growth and development, U.S. businesses are looking to increase commercial and economic ties with the Philippines. Last week, U.S. Secretary of Commerce Penny Pritzker visited the Philippines to meet with President Aquino and other officials.

Cambodia-Malaysia Trade Grows Nearly 20 Percent in First Quarter of 2014

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Bilateral trade between Cambodia and Malaysia during the first quarter of 2014 was up by 17.6 percent compared to the first quarter of 2013, a Malaysian official announced this week.

E-Commerce Markets Across ASEAN

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Singapore, Malaysia, Indonesia, and the Philippines are quickly becoming four of the hottest e-commerce markets in ASEAN. In this article, we review the characteristics of each nation’s e-commerce markets and highlight opportunities for international investors.

Philippines Destined to be Asia’s Next Tech Tiger?

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The Philippines may have the fastest-growing economy in Southeast Asia, but it also has the slowest internet speed in the region. Despite this, some foreign investors believe they may have spotted an opportunity that could turn the country into Asia’s next tech tiger.

Two-Year Tax Breaks Proposed for Philippines’ Startups

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The Philippines have filed a bill that would grant a tax exemption for startup businesses during their first two years of establishment.

Fixing Thailand’s Economy: Challenges for the New Government

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Last week, Thailand’s military government announced a series of emergency economic measures that will aim to breathe life into the country’s struggling economy.

U.S. Imposes Anti-Dumping Duty on Steel Products from Thailand, Malaysia and Vietnam

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The U.S. Department of Commerce announced its decision last week to impose an anti-dumping duty on stainless steel pressure pipes imported from Thailand, Malaysia and Vietnam.

June 2014 ASEAN Regional Meetings

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There are a number of important ASEAN regional meetings taking place in June, including the ASEAN-Republic of Korea Dialogue, the ASEAN-Russia Senior Officials Meeting and the ASEAN-Japan STOM Leaders Conference.

Hong Kong Gets Public Consultation Over ASEAN Free Trade Agreement

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The Government of Hong Kong has initiated a public consultation on the proposed free trade agreement between Hong Kong and the Association of Southeast Asian Nations. As the second largest trading partner in goods with Hong Kong, ASEAN receives the fifth largest inflow of FDI from Hong Kong. Despite this, the territory is not covered by the current China-ASEAN FTA that came into effect in 2010.

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