To boost financial inclusion and enhance digital transformation, the Central Bank of Laos, in partnership with the Japanese fintech company SORAMITSU, has successfully launched a prototype of a digital currency called the Digital Lao Kip. This important initiative, first announced… Read More »Laos Takes a Leap Towards Financial Inclusion with Digital Lao Kip
India has been pushing ASEAN to enter into a Free Trade Agreement (FTA) as a form of addressing concerns over-rules and gaps in trade. In this case, India has a goal of negotiating trade agreements due to a significant increase… Read More »India-ASEAN FTA as a Form of Economic Recovery?
Close your eyes for a moment and imagine this: it’s a serene morning, and you step outside your home. The air is remarkably clean, crisp, and invigorating. Birds sing their melodies without competition from the usual uproar of engines. The… Read More »Energizing the Future: ASEAN’s Groundbreaking Initiative Towards a Sustainable Automotive Revolution
by: Noelle Azarcon – August 1, 2022 Last May, U.S. President Joe Biden formally launched the Indo-Pacific Economic Framework (IPEF) in an effort to promote a ‘free and open’ region amid geopolitical tensions and a trade-war with China. The Biden… Read More »Japan’s Vital Role In the Indo-Pacific Economic Framework
ASEAN – In the heart of Southeast Asia’s dynamic and diverse landscape lies a driving force that fuels economies, creates livelihoods, and fosters innovation. Micro, Small, and Medium Enterprises, collectively known as MSMEs, are one of the important sectors leading… Read More »Empowering MSMEs in ASEAN: Sustainable Transformation for SDG Progress
Fueling Growth, Fostering Entrepreneurship With its sights set on Southeast Asia, TikTok’s investment strategy goes beyond financial objectives. CEO Shou Zi Chew envisions a future where local businesses thrive and economic prosperity becomes a reality. “We’re going to invest billions… Read More »TikTok’s Investment Unleashes Potential for Local SMEs in Southeast Asia
Southeast Asia is a region inhabited by around 679 million people. The area is a combination of various countries including the giant region of Indonesia — the fourth most populous country in the world with a population of around 277… Read More »China’s Economic Pivot and Reduced Spending in Southeast Asia
The unique geographical position of Southeast Asia at the center of the Indo-Pacific region has made it geopolitically significant. With a coverage area of 4.49 million square kilometers and a population of over 660 million, the Association of Southeast Asian… Read More »Opportunities for ASEAN Within the Brewing Global Superpower Maelstrom
Vietnam – The government, under the instruction of Prime Minister Pham Minh Chinh, officially signed Official Dispatch No.470/CD-TTg on May 26, 2023, focusing heavily on socio-economic planning. It is in line with the PM’s promise after his swearing-in ceremony on… Read More »Vietnam Business Administrative Reform, Why Is It Necessary?