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ASEAN

Tariffs – opportunities amid the chaos?

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On the back of President Trump’s tariff announcement (“Independence Day”), a massive dive across the world’s stock markets drove panic to huge levels. But was that panic really necessary? So many experts have claimed for years that trade tariffs were the worst thing a country could possibly do against its own economy, yet, if the [...]

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Portugal’s Quiet Climb in Deep Tech and Bio Innovation

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With advantageous visa programs, substantial government support, and funding from the European Union, Portugal is emerging as a cost-effective innovation hub for biotechnology, space technology, and ocean sciences. Deep tech is undeniably a significant driving force behind Portugal’s economy, paralleling trends seen in other European nations. Deep Tech The term "Deep Tech" refers to technologies

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ASEAN and the Gulf States, or is it Gulf-Asia?

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The Association of Southeast Asian Nations’ (ASEAN’s) foundation came about as a result of a reconciliation peace process between Malaysia, the Philippines and Indonesia, which had been brokered by Thailand. In fact, it was the Thai Foreign Minister, Thanat Khoman, who first proposed the idea for the association on the back of that peace agreement,

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The South China Sea: Is there a compromise?

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The South China Sea remains a focal point of strategic and territorial dispute, principally involving China and neighbouring ASEAN member countries like the Philippines, Vietnam, Malaysia and Indonesia. This region, crucial for international shipping and its wealth of natural resources, witnesses frequent disputes that have the potential to escalate into greater regional conflict. China's assertive

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Shift of Power: The Pivot of Multinationals to Asia and its Global Impact

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In response to stagnating growth in traditional markets, multinationals from the West have been turning their attention to Asia, a region abundant in economic growth and increasing consumer numbers. Western capitalists are being enticed by the need for diversified investments and higher returns. In this article, we examine the motivations of Western businesses moving into

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The Eastern Keystone: Unlocking Malaysia’s Pivotal Role in Global Trade

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Malaysia asserts a diverse and strong economy illustrated by its natural resources and burgeoning services sector. From the start of 2024, the Asian nation has continued to weave its way through intricate global fluctuations, managing to maintain consistent growth. Sectors such as manufacturing, services and commodities like palm oil and rubber, play their part in

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The Philippines’ Economic Renaissance: Opportunities and Challenges Ahead

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The Philippines has been recently reporting strong economic growth, evidenced by healthy GDP figures and an increased appetite from foreign investment. Employment rates are steadily rising aided by the expansion of sectors like Business Process Outsourcing (BPO) and manufacturing. When compared to its ASEAN neighbours like Vietnam and Indonesia, its growth is robust, firmly establishing

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Awakening the Tiger: Vietnam’s surge in the global economy

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Vietnam has witnessed substantial growth lately, recovering rather abruptly from the global chaos caused by the pandemic. Since then, the nation has welcomed a surge in foreign direct investments (FDI) and seen its manufacturing sector expand which, combined, have been the backbone of its economic recovery. The reason has, at least in part, been as

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Malaysia’s audacious push for a new trading bloc

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The new trade corridor agreement championed by Malaysia marks a pivotal moment in regional trade history, with its impact expected to reverberate far beyond the member countries involved. Operating together, the Association of Southeast Asian Nations (ASEAN) and the Gulf Co-operation Council (GCC) represent economic abundance and vitality. ASEAN, with its broad manufacturing digital marketplace,

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