Regional success stories point the way, but the junta government has been a slow learner so far
The regionalisation of the 10 ASEAN capital markets have become even more important now in the wake of recent global events such as the United Kingdom’s surprise decision to exit the European Union as well as the United States’ increasingly populist stance.
Malaysia is one of Cambodia’s important trading partners and a cornerstone investor in its financial sector. The Malaysian External Trade Development Corporation (MATRADE) works closely with the governments of Malaysia and Cambodia, together with the private sector, to get more businessmen from Malaysia to come to Cambodia to look for trade and investment opportunities. Faizal Izany Mastor, MATRADE trade commissioner for Cambodia, Vietnam and Laos recently spoke to Khmer Times’ Chea Vannak about the future prospects of Malaysia’s trade with Cambodia, within the context of the Asean Economic Community (AEC).
Vietnam continued to rank first among ASEAN countries in terms of high export revenue with Canada in the January-November 2016 period, according to the Vietnamese Trade Counsellor to Canada Hoang Anh Dung.
The first APEC Senior Officials’ Meeting (SOM 1) in 2017 holds a significant meaning in reasserting APEC’s determination to boost cooperation for growth and connectivity in the Asian-Pacific region.
Asean is celebrating its 50th anniversary this year, under the ambitious theme of engaging with the world.
A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3%, mainly centred on trade partnerships, deepening the workforce's tech skills and digitalising the economy.
WHILE most countries in the ASEAN Economic Community (AEC) have ambitions of developing competitive tech sectors, it appears that Vietnam is best placed to become the region’s Silicon Valley, thanks to successful education policies, government support and an environment of entrepreneurial-ism.