RCEP economies account for 29 percent of global GDP
Beijing – On Sunday, China and 14 other countries signed the Regional Comprehensive Economic Partnership (RCEP) Agreement at the virtual-hosted ASEAN Summit, formalizing the largest free trade agreement (FTA) in history. After an arduous eight-year negotiation period, a combination of … Continue reading RCEP economies account for 29 percent of global GDP
PATA: Digitalization essential for SME’s survival
Bangkok – Digitalization and innovation are key for SMEs to survive the pandemic as the travel industry emerges from the crisis, according to a report by the PATA, conducted by Twenty31 Consulting and supported by Agoda, revealed at the World … Continue reading PATA: Digitalization essential for SME’s survival
Maldives: Campaign to bring tourists back
Malé – The Maldives Marketing and Public Relations Corporation (MMPRC) has launched a major campaign with Skyscanner to promote the country as one of the safest destinations in the world for tourists. The three-month campaign will target the UK, as … Continue reading Maldives: Campaign to bring tourists back
RCEP: The world’s biggest free trade bloc launched
HANOI — The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries on Sunday, launching the world’s biggest free trade bloc. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN) … Continue reading RCEP: The world’s biggest free trade bloc launched
Asia-Pacific: Foreign arrivals plummet 67 percent
Bangkok – The moderate growth of international arrivals into Asia-Pacific destinations in 2019 has been derailed this year, no thanks to the appearance of the coronavirus which has led to the collapse of travel. According to the Annual Travel Monitor … Continue reading Asia-Pacific: Foreign arrivals plummet 67 percent
37th ASEAN summit scheduled for Nov. 12-15
HANOI — The 37th summit of the Association of Southeast Asian Nations (ASEAN) and related meetings will be held via video link from Nov. 12 to 15, according to Vietnam’s Ministry of Foreign Affairs. Vietnamese Prime Minister Nguyen Xuan Phuc … Continue reading 37th ASEAN summit scheduled for Nov. 12-15
ASEAN: Startups promote sustainable development
Hanoi- Young entrepreneurs will play a key role in the post Covid-19 socio-economic recovery journey, even accelerating it in the Southeast Asian region, stated a senior UNDP official. The Southeast Asian region has one of the highest young startup rates across the … Continue reading ASEAN: Startups promote sustainable development
Asia−Pacific: Generation Z Consumer Behaviour
New York – Gen Zers (born 1996–2012) are coming of age. By 2025, the group will make up a quarter of the Asia–Pacific (APAC) region’s population—the same as millennials (born 1980–1995). And as Gen Zers mature, they will make and spend … Continue reading Asia−Pacific: Generation Z Consumer Behaviour
Asian leaders determined to fight pandemic
TOKYO – Financial leaders from China, Japan, South Korea and Southeast Asia vowed to redouble their efforts to help the region recover economically from the novel coronavirus and to defend a multilateral system of trade and investment. “We will remain … Continue reading Asian leaders determined to fight pandemic
Plastic pollution plagues Southeast Asia
Hong Kong – Adam Reza is among those for whom environmental awareness took a back seat to health concerns during Malaysia’s national earlier this year to curb the spread of Covid-19. Despite making a conscious effort to be mindful, he estimates his use … Continue reading Plastic pollution plagues Southeast Asia