The Philippines Set be the Fastest Growing Economy in ASEAN

The Philippines Set be the Fastest Growing Economy in ASEAN

The Philippines is seen emerging as the fastest growing economy among member countries of the Association of Southeast Asian Nations (ASEAN) over the next two years according to a report by Singapore-based DBS Bank. DBS Bank reported that the Philippines would record...
Singapore and European Union to Accelerate Digital Partnership

Singapore and European Union to Accelerate Digital Partnership

Singapore and the European Union (EU) have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the two parties. They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into the...
Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
Vietnam to Increase Business Ties with South Korea

Vietnam to Increase Business Ties with South Korea

Recently Vietnam’s Minister of Investment has reaffirmed the nation’s commitment to strengthening trade ties with South Korea in a number of industries, including finance, electronics, and construction. Vice Chairman of Jungheung Group, the largest shareholder...