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Australia Unveils Southeast Asia Economic Strategy to 2040

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Australia’s government announced its ‘Southeast Asia Economic Strategy to 2040’ with the aim to deepen the country’s economic and trade engagements with the region.

U.S.-Southeast Asia Relations in the Biden Era: A Timeline

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We present a timeline that will track key developments affecting bilateral ties between the U.S. and Southeast Asian economies under the Biden administration.

Boosting India-ASEAN Economic Collaboration: Key Highlights from PM Modi’s 12-Point Proposal

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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

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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.

Indonesia Introduces Golden Visa to Attract Foreign Investors

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Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.

Vietnam Bolsters Regional Financial Links through Connectivity Payment Initiative

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Vietnam officially joined ASEAN’s Regional Payment Connectivity initiative, which aims to enhance cross-border payment systems in the region.

Laos Enhancing Cross Border Railway Connectivity with Malaysia, China

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Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.

How RCEP Ratification Benefits the Philippines

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The RCEP officially comes into force for the Philippines in early June and opens a gateway of opportunities for businesses and investors.

How to Open a Corporate Bank Account in Singapore?

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We discuss the requirements to open a corporate bank account in Singapore, including the necessary documents, and procedures, and note the country’s prominent banking institutions.

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar

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ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.

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