By Qingzhen Chen Jokowi’s revamped cabinet features experienced technocrats appointed to boost the largest economy in Southeast Asia. Domestic business insiders welcomed the cabinet reshuffle, but remain cautious as they wait for better policy coherence and direction. Just ten months into his first term, President Joko “Jokowi” Widodo replaced six ministers in a 34-official cabinet on Wednesday. … Continue reading
By Eliza King As China continues to expand into a superpower large enough to one day rival the United States, the support and cooperation of Southeast Asian countries is imperative. Since 2000 China’s trade with the 10 ASEAN (Association of Southeast Asian Nations) member countries rose from $32 billion to $350 billion in 2014, with estimates … Continue reading
By Sourabh Gupta India’s domestic and international economic choices have not always been the wisest. At independence, India was determined to transcend the distorted pattern of economic integration with the world that two centuries of exploitative colonialism had engendered. But in the process, it ended up effectively locking itself out of global trade and investment … Continue reading
By Qingzhen Chen With presidential elections in the Philippines less than a year away, uncertainty regarding the future of economic policies has caused investors to remain cautious. The Philippines have experienced huge improvement under President Aquino’s administration. His administration’s economic reform has led to solid economic growth, and his anti-corruption campaign has improved governance. Last year, … Continue reading
By Chu Nguyen The appreciation of the Vietnamese dong, coupled with characteristics specific to Vietnam’s transitional economy, leaves the State Bank of Vietnam (SBV) with difficult choices in conducting monetary policy. Luckily, the SBV retains adequate fiscal flexibility to respond to this pressure through its exchange rate policy. Vietnam has, for several decades, pegged the dong to … Continue reading
By Geethanjali Nataraj Chinese President Xi Jinping proposed the concept of the Maritime Silk Road (MSR) — now a part of the One Belt, One Road initiative — during his visit to Indonesia in October 2013. The MSR is an attempt to promote economic cooperation and connectivity by reviving the ancient maritime Silk Road trading … Continue reading
As Vietnam eyes an upgrade from frontier market status to emerging market status by MSCI, the nation has eased curbs on foreign ownership in an effort to boost inflows to the nation’s stocks, Bloomberg reports on Sunday. Foreign investors can now increase holdings to 100 percent from 49 percent starting in September in “a number” of industries, according … Continue reading
In Asia, aviation is booming, as carriers have branched out to emerging cities that have previously been untapped and such growth is rapidly growing. In addition to the rapid growth to service to such new emerging cities, the most critical aspect is overlooked. Pilots. In Asia, particularly in China, as growth expands at a break-neck clip, the … Continue reading
In a move to jumpstart its lagging investment climate, Vietnam is set to ease business regulations by the most in 25 years as it plans on accelerating the sale of its state-owned firms starting on July 1, Bloomberg reports. Starting July 1, the Vietnamese government will reduce the number of areas in which firms are prohibited from operating from … Continue reading
By Sam Doo Within the tumultuous geopolitics of the Middle East, Qatar stands as an oasis of relative calm. Thanks to a stable government, vast oil reserves, and favorable investment climate, FDI has been pouring into the country. In 2010, Qatar reached another milestone in announcing itself to the world by securing the right to … Continue reading