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Biden looks east for economic engagement in Asia
After a hiatus under the Trump administration, Washington is looking east now that United States President Joe Biden has embarked on his first trip to Asia. After a hiatus under the Trump administration, Washington is looking east now that United States President Joe Biden has embarked on his first trip to Asia. He launched the Indo-Pacific Economic Framework for Prosperity IPEF in Tokyo on May 23 in a bid to re-engage economically with the region. Singapore joined six other Association of Southeast...
Updated: 06/03/2022
Asia's factory activity slows as China's COVID curbs disrupt supply chains
ASEAN: Asia's factory activity slowed in May as China's heavy-handed COVID 19 curbs continued to disrupt supply chains and dampen demand, adding to the woes for some of the region's economies that are already under strain from surging raw material costs....
Updated: 06/01/2022
Indonesia’s Billion Dollar City Project Is Set To Ease
... Indonesia s New Capital . Riady remains optimistic about Indonesia's outlook, despite the ongoing global supply chain disruptions that could last for another six to nine months. He said that we are very fortunate to be doing business in Indonesia and Asean, a country and a region with very strong fundamentals. Our region continues to perform well despite the volatility concern, inflation tension and Russia and Ukraine. In the last year, Lippo 's real estate business saw an 86% jump in home sales ...
Updated: 05/30/2022
Experts say China, ASEAN to boost economic ties
In September, visitors to the 18th China-ASEAN Expo taste coffee from Southeast Asian countries in Nanning, Guangxi Zhuang autonomous region. In September, visitors to the 18th China- ASEAN Expo taste coffee from Southeast Asian countries in Nanning, Guangxi Zhuang autonomous region. After the Regional Comprehensive Economic Partnership agreement takes effect, it will inject new impetus into economic and trade cooperation between China ...
Updated: 05/30/2022
China, ASEAN to focus on blue and ocean industries
... Forum. Economic cooperation between China and the Association of Southeast Asian Nations has been steady and robust in recent years, said Zhu Huayou , research fellow at the Hainan Institute for Free Trade Port Studies . Trade between China and ASEAN has increased in recent years, and this has laid a solid foundation for the two sides to expand cooperation in the blue economy. The blue economy refers to the sustainable use of ocean resources for economic growth, in order to ensure the preservation ...
Updated: 05/30/2022
ASEAN countries rank as important as Japan
Prime Minister Shinzo Abe, fifth from left, attends the ASEAN-Japan summit in Thailand in November 2019. According to a Foreign Ministry survey, China overtook Japan as a country most ASEan nations think it will be an important partner in the future for the Group of 20 members of 20 leaders' Prime Minister Shinzo Abe , fifth from left, attends the ASEAN -Japan summit in Thailand in November 2019. According to a Foreign Ministry ...
Updated: 05/26/2022
China says it will continue to participate in CPTPP, DePA
... implement the Regional Comprehensive Economic Partnership agreement with high quality and safeguard the security and stability of regional industrial and supply chains. The country will work with members of the Association of Southeast Asian Nations ASEAN to build version 3.0 of the China- ASEAN Free Trade Area and establish more mutually beneficial bilateral and regional economic and trade ties, said the spokesperson.
Updated: 05/26/2022
S.Korea raises interest rate for first time in nearly 15 years
... year, and to 1.25 percent in January and 1.50 percent in April this year. The BOK 's back-to- back rate hikes were the first time in more than 14 and a half years since the bank implemented tighter monetary policy in July and August 2007 respectively. ASEAN shares fall on growth worries as central banks tighten their controls on growth. The rate hike was in line with market expectations. According to the Korea Financial Investment Association survey of 100 fixed-income experts, 94 percent predicted ...
Updated: 05/26/2022
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