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...
The Malaysia-Singapore Framework on Cooperation in Digital Economy is an important effort to further advance the cooperation between the two countries in the digital and green economy fields. The framework will pave the way for knowledge-sharing, technical know-how,...
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...
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...
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...
Singapore and the European Union (EU) have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the two parties. They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into the...
Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
The global Islamic finance industry has total assets worth USD 4 trillion in 2021, which is expected to jump to USD 5.9 trillion by 2026. Malaysia has been the frontrunner in the Islamic finance industry, having secured the first position in the global Islamic Finance...
Recently Vietnam’s Minister of Investment has reaffirmed the nation’s commitment to strengthening trade ties with South Korea in a number of industries, including finance, electronics, and construction. Vice Chairman of Jungheung Group, the largest shareholder...
Thailand’s Board of Investment (BOI) recently revealed new incentive packages, including, for the first time, a set of special privileges to support expansion by long-standing investors, a comprehensive relocation program covering headquarters as well as...
During a five-day state visit to Vietnam, Singaporean President Halimah Yacob reaffirmed the “longstanding friendship and excellent relations” between Singapore and Vietnam. In addition, the two countries have decided to promote their collaboration in...
The Philippine Economic Zone Authority (PEZA) eyes attracting more investments in high-technology industries from Taiwan following the country’s investment mission in the East Asian economy. The strengthening cooperation with Taiwan and the Philippines is set to bring...
