The Chief Executive of Hong Kong, Carrie Lam, gave an upbeat assessment of Hong Kong’s prospects in the emerging global trade order during a major Asia House conference in the city. In an expansive keynote speech, Mrs Lam emphasised the growing importance of ASEAN, the general rise of Asia in the global economy, and the... View Article

The conclusion of the ASEAN-Hong Kong free trade agreement yesterday (12 November) is being described as rejection of protectionism in the region. The ASEAN-Hong Kong China Free Trade Agreement was signed during the ASEAN summit in Manila on Sunday, along with a separate investment deal. Hong Kong, which is not covered by the current FTA... View Article

Carrie Lam, Chief Executive of Hong Kong, has launched a strong defence of free trade, saying that the recent pushback against it masks wider social problems. “Free trade has been made a scapegoat for some of the sorts of problems that economies are facing,” Mrs Lam said. “And Hong Kong is no exception.” Speaking at... View Article

The Prime Minister of Malaysia, Najib Razak, has lowered taxes for millions of Malaysians in his final budget before upcoming elections. Taking advantage of a surprisingly improved economy, Mr Razak has outlined a ‘populist’ budget, according to Free Malaysia Today, which reports that Razak is ‘under pressure to win over voters upset with rising… costs.’... View Article

Prime Minister Shinzo Abe performed better than expected in Japan’s snap general election, keeping his two-thirds ‘supermajority’ by securing more than 310 of the house’s 465 seats. The landslide victory will strengthen the Prime Minister’s hand in seeking the constitutional and economic reforms that he campaigned on, including a major financial stimulus package aimed at... View Article

Afghanistan has become the 80th member of the Asian Infrastructure Investment Bank (AIIB).

Throughout China’s 19th Communist Party Congress, party members have been reciting the phrase: ‘Xi Jinping Thought on Socialism with Chinese characteristics for a new era.’ State media, such as Xinhua, are also referring to ‘Xi Jinping Thought’, which points to the establishment of a new personal political ideology. According to the BBC’s Carrie Gracie, ‘when... View Article

US president Donald Trump announced on Friday that he will not certify the Iran nuclear deal, otherwise known as the Joint Comprehensive Plan of Action (JCPOA), creating further uncertainty for the future of investment in Iran. A number of foreign companies have entered Iran since the easing of international sanctions in 2016 after it agreed... View Article

Carrie Lam, the Chief Executive of Hong Kong SAR, has used her maiden Policy Address to outline a suite of measures aimed at boosting business and investment in the city. The Chief Executive’s speech included reference to tax breaks for small and medium enterprises and a HK$3 billion investment pot for student research and innovation.... View Article

Vietnam’s National Financial Supervisory Committee has anticipated that its gross economic growth in 2017 will be higher than the official target of 6.7 per cent. Export turnover enjoyed an increase of 19.8 per cent in the first nine months of this year. The Ministry of Industry and Trade said that the improvement of the country’s... View Article