The Philippines Keen on the Resumption of Talks for FTA with EU

The Philippines Keen on the Resumption of Talks for FTA with EU

The Department of Trade and Industry (DTI) has renewed its call for the resumption of talks for a free trade agreement (FTA) with the European Union (EU). In a meeting with the members of the European Parliament Sub-Committee on Human Rights, DTI Trade Secretary...
Vietnam Emerges as a Regional Hub for Startups

Vietnam Emerges as a Regional Hub for Startups

A recent report from KPMG International Ltd and HSBC Holdings Plc has disclosed that the number of startups in Vietnam almost doubled between the start of the Covid-19 pandemic and mid-2022. The growth is supported by some of the biggest investors in the world, such...
Thailand’s New Strategies to Attract Foreign Investors

Thailand’s New Strategies to Attract Foreign Investors

Foreign investment soared by 56% to THB 129 billion (USD 3.9 billion) in value in 2022, with Japan topping the list in terms of budget to develop businesses in Thailand. Japan’s investment value tallied THB 39.5 billion (USD 1.2 billion), followed by China at...
Indonesia’s Nickel Industry Investments

Indonesia’s Nickel Industry Investments

Indonesia has become a crucial player in the global electric vehicle industry, leveraging its abundant nickel resources to attract significant investment from major manufacturers such as Hyundai, LG, and Foxconn. Since 2020, Indonesia has secured over a dozen deals...
The Philippines Keen on the Resumption of Talks for FTA with EU

European Businesses Relocating Operations from China to Vietnam

According to a recent survey conducted by the European Chamber of Commerce in Vietnam (EuroCham), 41% of respondents stated that their company was moving operations from China to Vietnam, an increase of 13% compared to the figure registered in the third quarter of...
Thailand Inaugurates First Digital Free Trade Hub

Thailand Inaugurates First Digital Free Trade Hub

Thailand has inaugurated its first digital free trade hub as part of a collaboration with Alibaba aimed at enhancing the logistics and e-commerce sectors. The hub is a free trade area located in Thailand’s Eastern Economic Corridor (EEC) and is meant to facilitate...
Vietnam Emerges as a Regional Hub for Startups

Singapore Ideal for Startups and Venture Capital in Asia

Looking ahead at Singapore’s economy for 2023, there is a reason for optimism in the tech startup scene, especially for early-stage, deep tech companies and investors. While venture capital investment decreased globally in 2022, early-stage fundraising saw less...
Malaysia, Singapore Sign Framework on Cooperation in the Digital Economy

The Philippines Set be the Fastest Growing Economy in ASEAN

The Philippines is seen emerging as the fastest growing economy among member countries of the Association of Southeast Asian Nations (ASEAN) over the next two years according to a report by Singapore-based DBS Bank. DBS Bank reported that the Philippines would record...