ASEAN has emerged as a rapidly evolving economic hub with strong GDP growth projected at 4.6%. Its diversity and young population contribute to its strength, and the region prioritizes innovation and inclusivity to fulfill its potential as a global economic center. ASEAN’s Economic Growth Potential When looking at drivers of economic growth, ASEAN is a […]
Indonesia’s investment report highlights sectors ripe for foreign investment, such as local smelters for nickel reserves and becoming a global producer for electric vehicle batteries. In H1 2023, foreign investment reached $23 billion and domestic investments reached $20.4 billion. In 2022, foreign investment totaled $43 billion, with notable sectors including processed nickel exports and electric […]
Thailand and the United Arab Emirates are close to finalizing their free trade agreement, with 80% of the discussions already completed. It is expected to be completed by the end of the year and could boost Thailand’s GDP and exports.
A decade ago, amid much fanfare, Chinese President Xi Jinping launched the Belt and Road program, a grand plan to build a global infrastructure and supply chains that would connect China to the rest of the world in a modern and many-pronged Silk Road – and hypothetically benefit everyone involved. Next month, Beijing will host […]
Bangkok, 25 September 2023 – Prime Minister H.E. Mr. Srettha Thavisin presided over the welcoming ceremony at Suvarnabhumi Airport, one of four key airports holding momentous celebrations to welcome the first groups of tourist arrivals from the People’s Republic of China and Republic of Kazakhstan under the temporary tourist visa exemption scheme, which is effective […]
Author: Editorial Board, ANU Like it or not, the structure of global trade in green technologies and the raw materials required for their manufacture is being decided in an era when geopolitics trump markets, and the WTO’s credibility to check the abuse of national security exceptions is near rock bottom. The upshot, as Mari Pangestu […]
According to a report by the Asian Development Bank (ADB), economic growth in Asia and the Pacific is expected to remain solid, although risks to the outlook are increasing.
Abstract The intensifying competition between India and China for influence in South Asia highlights the increasing importance of foreign investment in shaping the region. India, in order to establish itself as a key player in South Asia, will need to leverage foreign aid and investments. China’s Belt and Road Initiative (BRI) has filled the investment […]
