Economy & Trade

Toyota Doubles Its Indonesian Engine Manufacturing Capacity

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Toyota has begun construction of a new US$198 million automotive engine manufacturing plant in Karawang, West Java, which, when completed in 2016, will more than double the company’s current production in Indonesia.

Indonesia & Philippines Settle Maritime Boundaries, Look To Increase Trade

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The Philippines and Indonesia are to sign a maritime boundary treaty after agreements to do so were reached at a meeting of the two countries’ Foreign Ministers in Jakarta yesterday.

Indonesia Pushes South Korea for CEPA Investment Commitments

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Trade officials from Indonesia and South Korea will meet in Seoul this week, in critical negotiations surrounding the Comprehensive Economic Partnership Agreement (CEPA). The CEPA, which will be a bilateral deal between Indonesia and South Korea, is similar to an FTA but wider in its scope.

Why ASEAN is Appealing for Manufacturing as Costs in China Keep Rising

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In his interview on Channel News Asia, Chris Devonshire-Ellis discusses ASEAN’s appeal as a new manufacturing hub in Asia as China’s production costs continue to rise.

Philippines Poised for Foreign Investment Sweet Spot

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The Philippines is set to be the new darling of emerging Asia as its national demographics, partnered with a liberal government reform policy, is beginning to attract a new wave of foreign investors.

Malaysia’s 2013 FDI Soars to Record High

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Last year, Malaysia’s FDI inflows hit RM38.8 billion (US$11.7 billion), breaking the previous record of RM37.3 billion (US$11.3 billion), set in 2011.

Understanding ASEAN’s Free Trade Agreements

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As Free Trade Agreements continue to take center stage in economic development across ASEAN and Asia, understanding the benefits of these agreements and how to avail them is becoming ever more important.

Competition Set to Take Off in ASEAN as Open Skies Policy Looms

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As the biggest airshow in the Asia-Pacific region kicks off this week in Singapore, progress towards implementing an ASEAN-wide open skies regime by 2015 appears to be slow but steady.

ASEAN Public Holiday Schedule for 2014

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ASEAN Holiday Schedule for: Vietnam, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand.

Myanmar Steps onto the World Stage

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Myanmar, also known as Burma, has been closed to the world for much of its recent history. However, the country is now going through a process of opening up and liberalization.

Since President Thein Sein was elected in 2011, Myanmar has implemented a plethora of political and economic reforms. This new political outlook has resulted in the lifting of the long-existing international sanctions regime that had been imposed upon the country.

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