The economic growth of the ASEAN+3 region, including 10 member Southeast Asian nations and the Republic of Korea, Japan and China, is expected to remain resilient in the long run despite escalating global trade tensions and external headwinds, according to the latest report released by the ASEAN+3 Macroeconomic Research Office (AMRO) on May 1.
Banana is expected to be Laos' top agricultural export in 2019 despite the local government’s ban on the expansion of plantations around the country, according to local daily Vientiane Times.
Malaysia is ideally placed to be the gateway for commodities trade between the Association of Southeast Asian Nations (ASEAN) and China, Malaysian Prime Minister Mahathir Mohamad has said.
The Thai government has freshly launched an economic stimulus package worth 21.8 billion THB (680 million USD) to deal with signs of an economic slowdown and spur domestic consumption to offset weaker exports.
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN. On account of growing out-of-warranty car parc, the US$ 19.3 Bn ASEAN automotive aftermarket is predicted to surpass US$ 48 Bn in revenues by 2026 end, increasing at a healthy CAGR of 9.6% through 2026.
Thailand's theme for the ASEAN Chairmanship in 2019 is "Advancing Partnership for Sustainability." Throughout the year, Thailand and fellow ASEAN member states intend to strengthen ASEAN cooperation in diverse sectors under the political and security, economic, and socio-cultural pillars of the ASEAN Community, Ministry of Foreign Affairs states. One of the issues that require urgent attention is the impact of the Fourth Industrial Revolution or "4IR" to enable ASEAN to catch up with, as well as make good use of global innovations to help sustain long-term development.
30 April 2019 marks the twentieth anniversary of Cambodia’s membership in the Association of Southeast Asian Nations (ASEAN). At its outset, the Kingdom regarded this membership as a means to promote its economic prosperity. Has the Kingdom achieved what it intended for? The article argues that Cambodia has overall reaped remarkable economic benefits from being the Asean membership, albeit early challenges in economic reforms.
SOUTH-EAST Asia is the top destination for mergers, acquisitions and investments in the next two years, according to a new poll of business leaders in the Asia-Pacific.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
