Other Briefings
Boosting India-ASEAN Economic Collaboration: Key Highlights from PM Modi’s 12-Point Proposal
India’s Prime Minister Narendra Modi recently attended the annual ASEAN-India summit and the 18th East Asia summit held in Jakarta, Indonesia.
Indonesia Introduces De-Dollarization Task Force
Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.
Vietnam Bolsters Regional Financial Links through Connectivity Payment Initiative
Vietnam officially joined ASEAN’s Regional Payment Connectivity initiative, which aims to enhance cross-border payment systems in the region.
Laos Launches Digital Currency Trial
Laos has successfully trialed a digital currency prototype—the Digital Lao Kip—in cooperation with Japanese fintech company SORAMITSU.
Indonesia Proposes Limited FTA with the United States
Indonesia has proposed a limited FTA that will allow critical commodities used in EV production to be shipped to the US.
ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.
ASEAN, Russia Commit to Strengthening Partnership
ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.
Singapore and India Link Real Time Retail Payment Systems
Singapore and India have launched a real time payment mechanism (UPI-PayNow) to ease cross-border payments between the two countries.
An Overview of Indonesia’s Double Tax Avoidance Agreements
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard
Growing calls to settle financial transactions in local currencies.
