New Delhi seems to be signalling that Bejing’s rise in the Indo-Pacific has to be tackled politically and economically.
The government needs to focus on building a few quality companies instead of a mass of sluggish companies that can compete at the regional level and achieve its aspiration of becoming an Asean hub for various industries.
Singapore's fintech ecosystem has grown by leaps and bounds since the Monetary Authority of Singapore (MAS) kickstarted the fintech journey four years ago. The current success is not by accident, but a confluence of carefully planned interplay between capital, talent, market access and progressive regulations, leading to a vibrant fintech community working hard to propel Singapore to be the world's leading fintech hub.
As Thailand prepares to wind down its year-long chairmanship of Asean, it's time to reflect on the state of the 10-country alliance and relations with its dialogue partners. Based on what happened at the 35th Asean Summit from Nov 2-4 in Bangkok, the outlook is mixed.
Speaking at the second China International Import Expo (CIIE) in Shanghai last week, Chinese President Xi Jinping pledged China will stimulate increased imports and continue to broaden market access. It is a part of Chinese “efforts to reduce tariff barriers and open up wider will lead to inter-connectivity in economic cooperation and global trade,” as Xi said two years ago at the World Economic Forum.
Deputy Auditor General Vu Van Hoa led a Vietnamese delegation to attend the fifth ASEAN Supreme Audit Institutions (ASEANSAI) Summit in Kuala Lumpur on November 6.
Fifty two years ago, the founding members of the Association of Southeast Asian Nations (Asean) fought the embers of communism across Asia. Today, Asean is confronting another “FIRe,” the so-called Fourth Industrial Revolution.
A Chinese state-run English daily said, “the countries involved in the Regional Comprehensive Economic Partnership shouldn’t lose the chance to include India."