Economy & Trade

Philippines Sovereign Wealth Fund: Marcos Says Not Suspended but Being Optimized

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The Maharlika Investment Fund is the Philippines’ first sovereign wealth fund and remains a top priority for President Marcos Jr. Amid reports that the fund was being halted, Marcos clarified that necessary improvements were being made.

Myanmar Implements Long-Awaited Minimum Wage Hike

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Myanmar has increased the daily minimum wage rate after a five-year hiatus to 5,800 kyat (US$2.76) for an 8-hour day, from 4,800 kyat (US$2.28).

ASEAN, Canada Edge Closer to Concluding Free Trade Agreement

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ASEAN and Canada have edged closer to concluding a free trade agreement with Canada officially achieving the strategic partnership status during the ASEAN Summit.

Indonesia’s Approach to BRICS: Opportunities and Membership Potential

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Jakarta weighs up its options as it has decisions to make in early 2024 The idea of Indonesia joining the BRICS group was raised over a decade ago, and Indonesia has participated in some BRICS meetings. Over the past two years, the concept of Indonesia officially joining BRICS has been revived with the support of […]

Investing in Indonesia: The 2023 Mid-Year Investment Report

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In this H1 2023 Indonesia investment report, we discuss the performance of standout sectors and highlight areas ripe for foreign capital infusion, business development, and trade expansion.

Exploring Friendshoring: Shifting Operations in Asia and China+1

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In this article, we look at the possible destinations for friendshoring, focusing on the relationships of key Asian countries with the US and Europe.

Philippines and South Korea Sign Free Trade Agreement

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The signing of a historic free trade agreement between the Philippines and South Korea marks a significant milestone in their relationship.

Australia Unveils Southeast Asia Economic Strategy to 2040

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Australia’s government announced its ‘Southeast Asia Economic Strategy to 2040’ with the aim to deepen the country’s economic and trade engagements with the region.

Establishing a Family Office in Singapore – Latest Issue of ASEAN Briefing Magazine

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The latest issue of ASEAN Briefing Magazine, titled “Establishing a Family Office in Singapore”, is out now and available to subscribers as a complimentary download.

Laos – Russia 2023 Relations

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We examine the strategic relations between Laos and Russia after the leaders of both countries met during the Far Eastern Economic Forum.

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