Three quarters of European businesses active in ASEAN expect an increase in ASEAN profits for 2017, according to the 2017 EU-ASEAN Business Sentiment Survey. As a result, 94 per cent of the respondents plan to expand or maintain their current levels of operations and headcount in the ASEAN. The survey, published today by the EU-ASEAN... View Article

“We should not ignore problems arising from economic globalization or just complain about them,” said China’s President Xi Jinping at the 9th BRICS Summit held in Xiamen, China earlier this week. “Rather, we should make joint efforts to find solutions. To this end, we should promote the building of an open global economy, advance trade... View Article

Lord Price has resigned as one of the three junior Ministers for the UK Department of International Trade under Secretary of State Liam Fox. Greg Hands, previous Minister of State for Trade and Investment, now takes on Lord Price’s responsibilities and will have overall responsibility for the trade policy portfolio. This includes taking the Trade... View Article

On 16 August, China’s State Council officially released Circular No. 39, titled ‘Notice of the State Council on Several Measures of Promoting Foreign Investment Growth’. The circular urges the government to build a legal, international and convenient environment for foreign businesses, with a focus on further lifting limitations on foreign capital; formulating supportive policies on... View Article

On his first trip to Asia, Mark Field, Minister for Asia and the Pacific at the Foreign and Commonwealth Office, has visited China, Hong Kong, South Korea and will next go to Singapore. In China, he met with China’s Foreign Minister Wang Yi in Beijing. According to China’s Foreign Ministry, Wang Yi said that the... View Article

The European Investment Bank (EIB) has agreed to help finance a large-scale windfarm in Mongolia as part of the country’s plans to embrace renewable energy. In cooperation with the European Bank for Reconstruction and Development, French energy company ENGIE, German industrial services provider Ferrostaal, and the Danish Climate Investment Fund, the EIB has pledged more... View Article

US President Donald Trump will welcome Prime Minister Najib Abdul Razak of Malaysia to the White House on 12 September, according to a press release from the White House. The meeting will mark 60 years of bilateral ties between the US and Southeast Asia’s third-largest economy. Najib’s father Tun Razak Hussein, Malaysia’s second prime minister,... View Article

The Times has reported that the European Investment Bank (EIB) will halt investments into the UK as a result of Brexit. The shareholders of the EIB are the 28 Member States of the European Union. To become a shareholder of the EIB a country must be a Member State of the European Union. Currently, through... View Article

Thailand’s former prime minister Yingluck Shinawatra faces a possible 10 year jail term if convicted in the Supreme Court in Bangkok on Friday. The former leader of the Pheu Thai Party is accused of charges of malfeasance, or dereliction of duty, over a rice scheme as chair of the National Rice Policy Committee, reports the... View Article

Sri Lankan President Maithripala Sirisena has sacked justice minister Wijeyadasa Rajapakse for his criticism of the government, including the decision to sell majority shares of the Hambantota sea port to China, according to the South China Morning Post . In July, the government signed an agreement to sell a 70 per cent stake in Hambantota... View Article