ADB ratchets up Asia’ GDP growth forecast

The Asian Development Bank (ADB) forecasts in its latest report that Asia’s economy will expand by 6 percent in 2017, driven by stronger-than-expected exports and domestic consumption.

  • Copyright in the new TPP: A milestone or a PR move?

    In early November, citizens watched in suspense as leaders from 11 of the original Trans-Pacific Partnership (TPP) signatories met in Vietnam at the Asia-Pacific Economic Cooperation (APEC) Summit.

  • China and the new phase of trade expansion

    Technological advances and the removal of trade barriers have generated sustained trade expansion over the last three decades. The falling cost of shipping and of managing complex production networks has accelerated fragmentation of manufacturing within global value chains. Companies have harnessed technology to bring into cross-border manufacturing large numbers of lower-wage workers in Asia and eastern Europe.

  • Japan and EU hail creation of a ‘gigantic economic zone’ as trade talks conclude

    Implementation eyed for early 2019

  • Maldives signs trade pact with China

    The Maldives on Friday signed a crucial free trade deal with China, while endorsing its Maritime Silk Road project shunned by India for its strategic implications in the Indian Ocean.

  • Commentary: Great expectations for ASEAN will meet internal contradictions in 2018

    In the Golden Jubilee year of the Association of Southeast Asian Nations (ASEAN), a generous accounting of its achievements this past year would call its track record a mixed one at best.

  • VN’s 2018 economic prospects look up

    In their latest report, experts at the Australia and New Zealand Banking Group (ANZ) are optimistic about Viet Nam’s 2018 economic situation.

  • India to host southeast Asia connectivity summit

    Keeping with Indias initiative of connectivity with southeast Asia under its Act East Policy, New Delhi will host an Asean-India Connectivity Summit (AICS) on December 11-12 on the theme "Powering Digital and Physical Linkages for Asia in the 21st Century", the External Affairs Ministry said on Saturday.

  • APEC meeting to focus on empowering workers, businesses

    The incoming chair of the Asia-Pacific Economic Cooperation (APEC), Papua New Guinea, announced at a key planning meeting in Port Moresby that the 21 APEC member countries will take steps towards enabling more digitally-driven and inclusive trade and growth in 2018