Asia Economy

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To what extent could the Philippines-UK Joint Plan of Action (JPA) and Air Services Agreement enhance relations between both nations?

Unlike many of its South-east Asian neighbours, the Philippine economy is less export dependent and more consumption oriented. More importantly, the country has two critical sources of revenue that are largely insignificant in other members of the ASEAN community: business process outsourcing (BPO) and foreign remittances. These two elements have...

What is Vietnam’s strategy for attracting foreign direct investment (FDI) in value-added sectors?

The recently approved 2014 budget for Papua New Guinea (PNG) provided no major policy changes or surprises and is likely to play well to an international investor audience.
Slower growth in Indonesia may provide an impetus to realise a range of reforms that the government is planning, changes that could open several important and attractive sectors to greater foreign investment.

A diverse country with an intriguing history, the Philippines today is a multi-party, democratic republic, open to foreign investment, and integrated within the regional and international political and economic community. 

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