Asia Economy

Displaying 1477 - 1482 of 1877
Strengthened by new deals in the transport, energy and agri-business sectors, foreign direct investment (FDI) in Indonesia’s East Java province has shown promising growth in recent years. Although the majority of FDI in Indonesia is sourced from other Asian nations, European investment has grown steadily since 2010, with East Java now poised to benefit from recently strengthened trade ties with the Netherlands.
Australian Prime Minister Tony Abbott flew into Port Moresby in late March accompanied by an A-list of his country’s business leaders, with trade and investment on their minds. And, after a loaded and complicated agenda, he left three days later with an economic treaty and the basis of potentially the most productive relationship Australia and Papua New Guinea have enjoyed in years.
While Thailand is pushing ahead with efforts to expand its network of free trade agreements (FTAs), the lack of a permanent government means that approval and implementation of any deals could be delayed.

Following its successful chairmanship of ASEAN in 2013, Brunei Darussalam will look to continue its role as a regional leader in areas ranging from defence to commerce. The increased focus on diversification and the growth of several industries bode well for the economy, and the coming years are expected to see Brunei Darussalam further bolster its position within ASEAN and the international economy.

New measures announced by the Mongolian government aimed at lowering the tax burden for small and medium-sized enterprises (SMEs) should serve as an incentive for private sector operators to expand, but businesses may still face challenges in obtaining the credit they need to sustain growth.

The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014. 

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart