Indonesia Improves in World Competitiveness Ranking

Indonesia Improves in World Competitiveness Ranking

Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute...
Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed

Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed

The Pacific Alliance (PA) and Singapore successfully concluded negotiations of the Pacific Alliance-Singapore Free Trade Agreement (PASFTA), which is expected to enhance economic cooperation between the two parties in areas such as infrastructure and urban solutions,...
Philippines to Strengthen Trade and Investment Ties with Switzerland

Philippines to Strengthen Trade and Investment Ties with Switzerland

The Philippines has reaffirmed its commitment to expand two-way trade and investment ties with Switzerland and deepen cooperation in cleantech and renewable energy, infrastructure, life sciences, and digital healthcare sectors. Three breakout sessions were held during...
Vietnam’s Economy Outperforms Expectations

Vietnam’s Economy Outperforms Expectations

DBS Bank´s experts predict that Vietnam’s economy will grow at a rate of 6-6.5% during the next decade, surpassing Singapore by 2030 in terms of total GDP. Vietnam’s GDP was valued at USD 343 billion in 2020, compared to USD 337.5 billion of Singapore and...
Vietnam’s Economy Outperforms Expectations

Singapore’s 2021 Economic Growth Could Exceed Forecast of 4% to 6%

According to the latest report by the Monetary Authority of Singapore (MAS), the recent tightening of domestic restrictions and border controls will cause a near-term setback to segments that make up about 8% of the economy. Industries that are expected to be affected...
Philippines to Strengthen Trade and Investment Ties with Switzerland

Thailand’s Exports Rise by 13% as the Economy Recovers

The Thai economy is on track to recover from the adverse effects of the Covid-19 pandemic, as illustrated by the recent announcement that the South East Asian´s exports rose to over USD 21 billion in value in April 2021, growing 13.1% year-on-year. This represents the...
Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s Newest Economic Zone Seeks USD 17 Billion Investments

Indonesia’s newest special economic zone expects to attract about USD 17 billion in investments, now that it is open to foreign investors and comes with a series of tax breaks. The Java Integrated Industrial and Port Estate, known as JIIPE, in East Java has already...