With deep-rooted ties that go back thousands of years, India and Indonesia have always been natural partners in culture, economy and politics. However, with the changing dynamics in Asia and the world, the two countries are looking to develop their exchanges and cooperation further and bring their relations to a new level.
The automotive sector is a major driver of the Thai economy with strong infrastructures and a vast network of small and large, local and foreign companies all along the car-production supply chain. A large hub in ASEAN and Asia, the Thai automotive industry is gearing towards a green automotive production base.
Vietnam is one of the successes of Asia with consistently high GDP growth, strong exports and manufacturing sector, and a growing openness to business. Though it also faces challenges, especially in the public and financial sectors, Vietnam has many underlying strengths in support of very positive long-term perspectives.
The Malaysian government has released its eleventh economic development plan for the years 2016 to 2020. With ambitious economic objectives, the plan sets targets and defines some economic policies that will be implemented in the coming years, with the ultimate goal to make Malaysia a high income economy by 2020.
The ASEAN Economic Community integration heavily relies on the development of trade and investments in Southeast Asia. With clear successes towards freer movements of goods and capital, here is official data on trade and investments between ASEAN countries and with their other global partners.
The automotive sector is very dynamic in Southeast Asia, where Thailand has become a leading hub for car production. Matt Bradley, president of Ford ASEAN, explains the presence, interest and outlook of Ford in the ASEAN region, giving also a particular perspective on the automotive industry in Thailand.
The relations between the US and ASEAN are critical to each other in several areas, such as trade and economic cooperation, investment, tourism, immigration and students exchanges. In a recent document, the East-West center goes over the details of these relations through a series of well-conceived infographics.
Indonesia’s new president elect, Joko Widodo, aims at boosting Indonesia yearly economic growth to 7% by the year 2018. In this Bloomberg video, Alia Karenina reports on the several economic policies that will be put in place in order to stimulate exports, investments and infrastructures development.
This report by the Economist Intelligence Unit examines the Free-Trade Agreements – FTA – in South-East Asia and their real usefulness for business. With a lot of feedback from professionals involved in international trade, it will help companies and governments apprehend current and upcoming FTAs.
This new video presents 7 insights and perspectives that make ASEAN one of the most dynamic and competitive region in the world. Through a beautiful animation, the current and projected population and economy of ASEAN demonstrate the attractiveness of the Association of South-East Asian Nations.