It has been recently reported that several companies from Australia are exploring investing in Clark’s civil aviation complex in the Philippines. According to representatives from the state-led Clark International Airport Corp. (CIAC), the entity that manages the...
The government of Thailand has recently announced plans to introduce additional tax breaks and other incentives aimed at incentivizing foreign film producers to conduct their activities in the Southeast Asian country, following a South Korean series that registered...
Malaysia’s Prime Minister, Anwar Ibrahim, introduced the ‘MADANI Economy: Empowering the People’ as a transformative economic framework aimed at uplifting the nation’s status and enhancing the well-being of its citizens. This comprehensive strategy seeks to...
In July 2023 Vietnam and Israel signed a free trade agreement (FTA) in Tel Aviv after seven years of negotiations, making Vietnam the first Southeast Asian country to close an FTA with the Middle Eastern nation. The FTA will remove duties in steps on at least 86% of...
The Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor announced a strategic partnership aimed at fostering sustainable...
Rothman and Roman, a Europe-based international strategic communications company has revealed that Malaysia is among countries in the region to see increase in foreign direct investment (FDI) from central and eastern European (CEE) countries. The study, which involved...
European multilateral financial institution, European Investment Bank (EIB), expressed its interest to participate in key development projects in the Philippines. The EIB is jointly owned by the EU states mandated to provide funding for projects within and outside the...
Indonesia is ready to build its new capital, Nusantara, and the country’s parliament budget committee has recently granted an additional IDR 15 trillion (USD 1 billion) to expedite the project. The additional IDR 15 trillion is on top of the IDR 22 trillion (USD...
During his official visit to Vietnam, Australian Prime Minister (PM) Anthony Albanese inaugurated a new innovation hub in Vietnam as part of RMIT University’s AUD 250 million (USD 170 million) strategic investment. This encompasses funding for the Industry and...
New research and regulatory cooperation agreements have been signed between the United Kingdom and Singapore. Under the new emerging technologies agreement, both countries committed to sharing experiences of building new telecommunications infrastructure, such as 5G...
Investors are perceiving Thailand and the larger Southeast Asian region in general as a compelling alternative to China, which is currently experiencing supply uncertainties and increased political risk. As investors grow increasingly hesitant to expand in China, many...
United States President Joe Biden announced in early May 2023 a “first of its kind” presidential trade and investment mission to the Philippines in a bid to promote broad-based economic growth. The mission is expected to enhance US companies’ investment in...
