January 8, 2019EU trade expert urges SMEs to leverage the ASEAN Solutions for Investments, Services and Trade (ASSIST) mechanism to flag unfair Non-Tariff-Measures (NTMs)
EU trade expert calls for private sector to fully utilise the ASEAN Solutions for Investments, Services and Trade (ASSIST) as the best platform to address intra-ASEAN trade problems that limit SMEs’ ability to take advantage of the ASEAN Economic Community (AEC) - the regional integration agenda that has an end
September 26, 2018ASEAN economic integration is making progress but further deepening of market integration and greater momentum are imperative to meet the AEC 2025 targets
ASEAN economic integration is making progress but further deepening of market integration and greater momentum are imperative to meet the AEC 2025 targets. Dr. Aladdin D. Rillo, Deputy Secretary-General of the ASEAN Economic Community (AEC) said that the AEC, whose end goals include eliminating tariff barriers, reducing costs and enhancing competitiveness
August 14, 2018ASEAN must uphold rules-based free markets for trade and investment as a bloc in spite of potential short-term opportunistic benefits brought on by the U.S.-led trade wars
While ASEAN member states typically will respond to the United States-China trade war on the basis of individual national interests, it is also in the member states’ national interest to collectively make ASEAN economic integration and beyond more real in order to position the East Asian Region as the bedrock
July 26, 2018Holistic 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
July 20, 2018ASEAN 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.
July 20, 2018ASEAN 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.
July 19, 2018Review of trade and investment policies imperative to creating an inclusive ASEAN digital economy
Despite the projection that the digital economy will add US$1 trillion to ASEAN GDP by 2025, there are policy hurdles that must be overcome by ASEAN to realise the digital economy potential for the region which now has a combined GDP of over US$2.6 trillion.
December 4, 2017CIMB ASEAN Research Institute releases new publication “Advancing ASEAN in the digital age”: Prominent government and business leaders caution ASEAN’s readiness to embrace Fourth Industrial Revolution (4IR) in the coming decades
CIMB ASEAN Research Institute (CARI) launched a publication titled “Advancing ASEAN in the Digital Age” at the ASEAN Business and Investment Summit 2017 today to commemorate ASEAN’s 50th Anniversary. The publication was jointly launched by Jose Ma. “Joey” A. Concepcion III, 2017 Chair of the ASEAN Business Advisory Council, Dato’
November 30, 2017ASEAN policymakers to promote broader and deeper bond markets across ASEAN to cushion against external shocks
ASEAN needs to broaden its bond markets investor base to ensure more diverse and balanced financial systems and financing for infrastructure and other long-term developmental priorities. The Asian Development Bank estimates that the region needs US$110 billion in infrastructure expenditure per year until 2025.
November 30, 2017ASEAN and Australian business must drive deeper engagement to capitalise on massive opportunities from the digital revolution
Australia was ASEAN’s first dialogue partner in 1974 however, the economic relations between the two have not grown to its potential, especially with the populations of both nations being so closely connected. Approximately, 896,000 people claimed heritage from ASEAN nations in the last Australian census, while over 1.3 million people