Author: Editorial Board, ANU Today the global trade system faces three systemic challenges. None are new, but strategic competition between China and the United States has brought a dangerous edge to each of them. The first is the dramatic shift in the composition of international economic interaction. When the Bretton Woods system was first set […]
The Thai government is looking to develop its startup industry by following in the footsteps of Singapore’s initiatives which have made the city-state a leading incubator of entrepreneurs. Singapore is the top Asian economy in this year’s global startup ecosystem index published by StartupBlink : Thailand ranks 52nd on the global startup ecosystem index, while Singapore is ranked sixth. […]
Singapore has taken a significant step towards promoting a pro-business environment by allowing companies and business trusts to adopt virtual annual general meetings (AGMs). On May 9, 2023, the Ministry of Finance introduced the Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Bill, which amends the Companies Act of Singapore. Under the amended legislation, private […]
China is under fire for attempting to prevent the leader of Tibet’s government-in-exile from giving a speech at the Australian National Press Club in Canberra, the Sydney Morning Herald reported. Chinese Embassy representatives met with press club chief Maurice Reily last week and voiced their opposition to Penpa Tsering’s scheduled appearance on June 20, requesting […]
According to the World Bank’s Global Economic Prospects report, global growth is projected to slow from 3.1% in 2022 to 2.1% in 2023, with emerging market and developing economies (EMDEs) facing financial risks due to elevated global interest rates. The report indicates that one out of every four EMDEs has effectively lost access to international […]
A major regional security forum is underway in Singapore amid rising tensions in the South China Sea and East Asia, with in-person communication between defense chiefs from China and the United States remaining shuttered. U.S. Defense Secretary Lloyd Austin had invited his Chinese counterpart, General Li Shangfu, to a bilateral meeting on the sidelines of […]
If you are a fan of gambling, you might be interested to know that two of the world’s top casino operators are eyeing Thailand as a potential market for their gaming facilities. According to sources, Galaxy Entertainment Group and MGM Resorts International are studying the possibility of opening casino resorts in Thailand, if the country […]
Thailand has welcomed one million Chinese tourists in the first four and a half months of 2023, according to a government official. This is a sign of recovery for the tourism sector, which was hit hard by the COVID-19 pandemic. In 2019, before the pandemic, Thailand received 11 million Chinese tourists, who accounted for 28% […]
