ASEAN Briefing News

Exploring Friendshoring: Shifting Operations in Asia and China+1

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In this article, we look at the possible destinations for friendshoring, focusing on the relationships of key Asian countries with the US and Europe.

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.

An Overview of US Trade and Investment in ASEAN

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With ASEAN being the US’ fourth-largest trading partner, the region is becoming of increasing importance to US businesses and its government.

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.

ASEAN, Russia Commit to Strengthening Partnership

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ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.

Industries to Watch Out for Growth in Southeast Asia in 2023

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Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.

ASEAN Economic Outlook 2023

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The ASEAN region will remain attractive to foreign direct investment with trends in commercial and state investment likely to remain consistent throughout the year.

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