News
Mobility of skilled labor needed for successful AEC
ASEAN Dialogue partners are urging Southeast Asian countries to pick up the slack in providing better access to employment for its skilled workers in an effort to achieve the target of free flowing labor in the region. Efforts to enhance skilled labor mobility in ASEAN ...
Japan to end preferential tariffs for China, four others
Japan has proposed stricter tariff rules that would knock five trading partners including China and Mexico off the list of countries receiving preferential treatment for emerging economies. A finance ministry customs committee said on November 24 that the list of nations qualifying for zero or minimal ...
The AIIB and shifting economic dynamics in Southeast Asia
The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...
Stanchart: PH economy on track to beating ASEAN counterparts
Despite external headwinds, the Philippines is expected to grow the fastest among ASEAN economies until next year on the back of robust domestic demand and strong services exports, Standard Chartered Bank said on November 24. “The Philippines’ domestic growth engine is firing on all cylinders, ...
Trump sinks Asia trade pact, opening the way for China to lead
An ambitious Asia-Pacific trade pact linking the United States and 11 countries lay in tatters on November 22 after U.S. President-elect Donald Trump said he would kill the deal on his first day in office on Jan. 20. Trump’s statement appeared to open the way for ...
Overseas students shift focus to Australia after Trump election
A website designed to attract international students to Australia has reported a huge spike in hits following the election of Donald Trump as the next president of the US. Chris Lester, chief executive of the Good Education Group, said traffic to its Studies in Australia site ...
Changing Mekong currents compound dam anxieties in Southeast Asia
Several factors are disrupting the terrain for investment in large hydropower dams, and governments should take note. The government of Laos officially submitted the Pak Beng Dam to the Mekong River Commission in mid-November and has begun preparatory work around the future dam site. While ...
US Group to boost ASEAN disaster relief capabilities
On November 17, a U.S.based nonprofit inked an agreement with ASEAN to help boost its disaster relief capabilities.As one of the world’s most disaster prone subregions, Southeast Asia has been working on setting up new institutions to strengthen regional capabilities to respond to natural disasters. ...
US President-elect Trump vows to withdraw from TPP on first day in office
US President-elect Donald Trump announced on November 21 that he will withdraw the United States from the Trans-Pacific Partnership on his first day in office. “I’m going to issue a notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country,” ...
Small-scale farming threatens rainforests in Sumatra
Rainforest cover in the Indonesian archipelago has since declined rapidly in recent years giving way to large-scale plantations of rubber and oil palm. A recent study published in Nature Communications finds that small-scale farming can be just as damaging to biodiversity as the plantations, since ...
