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.
The Regional Comprehensive Economic Partnership (RCEP), a proposed free trade agreement between Asean and the six Asia-Pacific states with which it has existing free trade agreements, is expected to be signed next year.
The Asean tourism industry has a vital role in helping this region to develop the economy and drive investment, says Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi.
In last week’s article, we briefly discussed Republic Act (RA) No. 8752 (Anti-dumping Act) and RA No. 8751 (Countervailing Duty Act) as trade protection instruments, which can be used against unfair trade practices.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
