ASEAN to Increase Local Currency Transactions, Reduce USD Reliance
ASEAN members have agreed to promote the use of local currencies in transactions and improve regional payment connectivity in an effort to move away...
Investment Hotspots in the Philippines: Promising Sectors to Watch
The Philippines is among the world's fastest-growing emerging markets and is aiming to reduce its dependence on overseas remittances by developing its domestic industries....
Opportunities for Foreign Investors in the Philippines
The latest issue of ASEAN Briefing Magazine focuses on the Philippines and its emerging market. In 2022, the country recorded a 7.6% GDP growth,...
Czech Prime Minister’s Visit Boosts Strategic Partnership with Indonesia
During Czech Prime Minister Petr Fiala’s visit to Indonesia in April 2023, MoUs were signed focusing on enhancing bilateral relations in healthcare, energy, education,...
A Guide to Indonesia’s Foreign Investment Trends and Key Infrastructure Projects
Indonesia is set to become the world's 7th largest economy by 2030, overtaking Germany and the United Kingdom. The country has experienced record inbound...
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen in favour of local currencies
ASEAN Finance Ministers and Central Bank Governors are meeting to discuss reducing dependence on major global currencies in favour of local currencies for financial...
ASEAN-Russia Partnership Strengthened
ASEAN and Russia have reaffirmed their commitment to strengthening their diplomatic ties at the 19th ASEAN-Russia Senior Officials Meeting (ARSOM) held on April 29,...
Singapore and India Link Real Time Retail Payment Systems
Singapore and India have launched a real-time payment link to facilitate cross-border payments between the two countries, using India’s Unified Payments Interface (UPI) and...
