Monthly Archives: July 2018

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Holistic policy approach and adequate safety nets imperative to withstand possible crisis in ASEAN while structural reform is key to long term financial resilience

Experts cautioned that the escalating trade conflict between the U.S. and its major trading partners coupled with the strengthening of the U.S. dollar are putting pressure on the short-term macroeconomic outlook, as well as posing significant policy challenges on Asian emerging markets economies, including ASEAN. ASEAN policymakers must pursue holistic policy mix to prepare the region for potential near-term economic and financial hazards, given its high exposure to global and regional trade.

By |2019-10-17T06:18:31+08:00July 26th, 2018|Press Releases|0 Comments

ASEAN policymakers urged to intensify facilitation of skilled labour mobility and education reforms to address extreme skills deficit

ASEAN need to intensify the intra-ASEAN skilled labour mobility in the near term, as well as implement urgent education reforms and workforce reskilling agenda in the long-term to remedy the extreme skills deficit, accentuated by the skills demand brought upon by the rapid digital revolution.

By |2019-10-17T06:18:09+08:00July 20th, 2018|Press Releases|0 Comments

ASEAN economic integration making progress but ASEAN must pursue a regional policy approach and concerted cross-sectoral efforts to fast-track integration

Progress towards realising the goals of the ASEAN Economic Community (AEC) 2025 remains steady and ASEAN will continue to work closely to implement the deliverables under the AEC 2025 agenda. Singapore as the Chair of ASEAN in 2018 had identified 12 economic priority deliverables focusing on innovation and digital economy.

By |2019-10-17T06:16:54+08:00July 20th, 2018|Press Releases|0 Comments