News

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.

  • Malaysian PM says to continue pursuing FTAs, including RCEP

    Malaysian Prime Minister Najib Razak said Thursday that his government will continue to pursue bilateral and multilateral trade pacts, including the Regional Comprehensive Economic Partnership (RCEP).

  • Risks, opportunities differ widely in Asean

    The Association of Southeast Asian Nations (Asean) is expected to become the world’s fourth largest economy in less than a decade but its 10 members vary substantially in terms of risks and opportunities, a Fitch Group unit said.

  • Two decades after the Asian financial crisis: Lessons, risks

    ASKED on the possibility of another financial crisis repeating in the region—especially in the face of global volatilities and political uncertainty across the world—Standard & Poor’s (S&P) Andrew Wood said member-countries of the Association of Southeast Asian Nations have learned their lesson and strengthened themselves to better handle such a situation.

  • Vietnam strides with APEC economies towards food security

    Vietnam, a country grounded on agriculture and an important player in the global food system, is partnering with other members of the Asia-Pacific Economic Cooperation (APEC) forum to ensure food security in the face of climate change.

  • Philippines attracts most investment

    IN AN effort to encourage more international business activity, the Philippines registered the highest rate of foreign direct investment growth in the ASEAN region last year.

  • An 'Overlapping Noodle Bowl of Agreements' and TPP-II

    President Trump threatened to pull out of the TPP during his election, and perhaps to his credit, did exactly that soon after becoming President. Since then, 11 countries mostly in the Pacific Rim have moved on without the US to form another agreement. But does the Asia Pacific region really need another trade agreement?

  • Canadians nervous about Trump's threats on NAFTA

    "Well, we just began discussions. We are going to have a great relationship with Canada, maybe as good or better than ever before," President Donald Trump said in February when he met with Canadian Prime Minister Justin Trudeau at the White House.

  • Brexit is a border challenge for EU-27

    The European Union should not to underestimate the challenge member states face when preparing their own borders for Brexit, along with the risk of long delays and disruption at European ferry ports, the Freight Transport Association has warned.