Official News

Southeast Asia countries has one of the world’s slowest development rates for renewables, both in terms of investment and electricity generation capacity. Our team in the ASEAN Climate Change and Energy Project (ACCEPT) has published our analysis on this matter in a paper titled ‘ASEAN’s energy transition: How to attract more investment in renewable energy’. Through a comparative review of three key factors, namely: renewable energy legislation, energy governance reform, and general conditions for investors; we identified the obstacles and solutions to attract investment in renewable energy in the region. Find the link in here: https://lnkd.in/gG7sDYRJ Cite: Vakulchuk, R., Overland, I. & Suryadi, B. ASEAN’s energy transition: how to attract more investment in renewable energy. Energ. E...

An Introduction to Doing Business in ASEAN 2023, the latest publication from Dezan Shira & Associates is out now and available for download through the Asia Briefing Publication Store. This publication, designed to introduce the fundamentals of investing in ASEAN, was compiled by experts at Dezan Shira & Associates, a specialist foreign direct investment practice, providing corporate establishment, business intelligence, tax advisory and compliance, accounting, payroll, due diligence, and financial review services to multinationals investing in emerging Asia.  An Introduction to Doing Business in ASEAN 2023 covers the following:  Corporate establishment; Tax and accounting; Human resources and payroll; and Audit and compliance.       The full version :READ HERE

The European Union and Thailand signed the EU-Thailand Partnership and Cooperation Agreement (PCA) in Brussels. This agreement will enhance the political dialogue on issues of global concern and will give more scope for mutually-beneficial cooperation in a wide number of policy areas, including the environment, energy, climate change, transport, science and technology, trade, employment and social affairs, human rights, education, agriculture, non-proliferation, counter-terrorism, the fight against corruption and organised crime, migration and culture. It will frame EU – Thai relations in the years to come. High Representative/Vice-President Josep Borrell said: “Thailand is a longstanding partner for the EU in Asia. With the Agreement signed today we will be strengthening our d...

Plan of Action to Implement the ASEAN-EU Strategic Partnership (2023-2027) This Plan of Action to Implement the ASEAN-EU Strategic Partnership replaces the ASEAN-EU Plan of Action (2018-2022) and is adopted at the ASEAN Post-Ministerial Conference (PMC) +1 with the EU. Under this Plan of Action, ASEAN and the EU will pursue cooperation in conformity with their respective Member States’ obligations under international law, and in accordance with their respective Member States’ domestic laws, regulations and policies in the following areas.  Click here to read full document : Plan of Action to Implement the ASEAN-EU Strategic Partnership (2023-2027)

Digitalization can unlock greater financial inclusion among the Association of Southeast Asian Nations’ (ASEAN) digital generation, according to a new report. But there is still work to do.  Digital payment apps were the most used by those surveyed of any applications after social media, with 84% of all respondents saying they had used these apps.  The full version : READ HERE 

The Thailand Board of Investment (BOI) at a board meeting held last week approved the framework of its new Investment Promotion Strategy for the next five years, which will focus on entering the new economy era by encouraging technological advancement, the transition to green and smart Industries, talent development, as well as creativity and innovation, to strengthen the country’s status as a regional hub for business, trade and logistics. 

ASEAN is realising circular economy through the adoption of the Framework of Circular Economy for the ASEAN Economic Community in 2021 and the rolling out of its implementation plan and work programme in 2023. It is expected to enhance ASEAN’s long-term economic resilience and unlock more opportunities. The ASEAN Secretariat speaks with Kunal Narula, Group CEO at Mercantile Pacific Asia, to further encapsulate the private sector’s perspective and experience in growing business in the area of circular economy.