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ASEAN policymakers to promote broader and deeper bond markets across ASEAN to cushion against external shocks

ASEAN needs to broaden its bond markets investor base to ensure more diverse and balanced financial systems and financing for infrastructure and other long-term developmental priorities. The Asian Development Bank estimates that the region needs US$110 billion in infrastructure expenditure per year until 2025.

By |2019-10-17T06:15:15+08:00November 30th, 2017|Press Releases|0 Comments

ASEAN and Australian business must drive deeper engagement to capitalise on massive opportunities from the digital revolution

Australia was ASEAN’s first dialogue partner in 1974 however, the economic relations between the two have not grown to its potential, especially with the populations of both nations being so closely connected. Approximately, 896,000 people claimed heritage from ASEAN nations in the last Australian census, while over 1.3 million people from ASEAN visit Australia each year and Australians made three million trips to ASEAN countries in 2016.

By |2019-10-17T06:14:48+08:00November 30th, 2017|Press Releases|0 Comments

Press Release: Brexit signals ASEAN integration must focus on economic relevance to avoid reversal of support

ASEAN should remain focused on its economic agenda and not let political issues cloud its vision of integration. In view of rising protectionism globally, this was one of the key themes that emerged during a roundtable titled, “Lessons learned from Brexit: risks and opportunities for ASEAN?” which was organised by CIMB ASEAN Research Institute (CARI) today, in collaboration with the ASEAN Business Club.

By |2019-10-17T06:14:37+08:00September 20th, 2017|Press Releases|0 Comments

ASEAN business community looks for policy certainty and continued mutually beneficial trade relations with the U.S. under President Trump

ASEAN businesses have urged President Trump’s administration to provide more clarity and certainty in U.S. trade policies for the benefit of mutual growth in the U.S. and ASEAN. A roundtable discussion, with the theme “Dealing with a changing world order: What will Trump’s economic and foreign policies mean for ASEAN?” was organised by CIMB ASEAN Research Institute (CARI) today, in collaboration with the ASEAN Business Club.

By |2019-10-17T06:14:22+08:00September 15th, 2017|Press Releases|0 Comments

Press Release: ASEAN needs to deepen capital markets to unlock capital to fill funding gaps amidst slow ASEAN capital market integration

Deepening individual capital markets will help address critical funding gaps in ASEAN, including infrastructure development needs, by allowing issuers to raise affordable capital at scale and providing investors with viable and diverse options to deploy short- and long-term domestic savings. This is a prerequisite to address the disparity in maturity of capital markets across the region and promote better ASEAN capital market integration.

By |2019-10-17T06:12:59+08:00August 21st, 2017|Press Releases|0 Comments

ASEAN Business Club inks Memorandum of Cooperation with nine Japanese business associations in Tokyo to form ASEAN-Japan Innovation Network (AJIN)

ASEAN Business Club (ABC), together with ASEAN Business Advisory Council (ASEAN-BAC) have entered into a cooperation with nine Japanese business associations to form the ASEAN-Japan Innovation Network (AJIN). AJIN is a business network between ASEAN and Japan to nurture new industries, facilitate business collaboration through networking, research and policy proposals to policy makers.

By |2019-10-17T06:12:43+08:00August 7th, 2017|Press Releases|0 Comments

Press Release: Belt and Road Initiative will enhance ASEAN connectivity but ASEAN must uphold its centrality

Although ASEAN stands to benefit greatly from China’s Belt and Road Initiative (“BRI”), experts believe that the region must also balance the welcomed infrastructure investment with its principle, “to maintain the centrality with ASEAN as the primary driving force in its relations and cooperation with its external partners,” as prescribed in the ASEAN Charter.

By |2019-10-17T06:12:25+08:00July 19th, 2017|Press Releases|0 Comments

Courtesy call on Prime Minister of Vietnam Nguyen Xuan Phuc and cabinet ministers: ABC and KLBC member corporations eye Vietnam market

The ASEAN Business Club (ABC) and Kuala Lumpur Business Club (KLBC) led a high level delegation for a joint business mission to Hanoi to explore trade and investment opportunities in Vietnam. The business mission was headed by Minister of International Trade and Industry of Malaysia, Dato’ Sri Mustapa Mohd and was received by the President of Vietnam, H.E. Tran Dai Quang, and the Prime Minister, H.E. Nguyen Xuan Phuc and other cabinet ministers.

By |2019-10-17T06:09:52+08:00December 15th, 2016|Press Releases|0 Comments

Regional businesses welcome the strengthening of private sector’s role in AEC 2025 but call for tangible results

ASEAN Business Club and regional companies expressed support for the ASEAN Economic Community 2025 Vision to realise a highly integrated community with a people-centred agenda. They welcomed the strengthening of private sector’s role in the next ten years of ASEAN Economic Community building.

By |2019-10-17T06:10:43+08:00September 24th, 2016|Press Releases|0 Comments

ASEAN Business Club to take up proposals of the Lifting-the-barriers reports with ASEAN decision-makers post 2015 to secure a more meaningful place for the private sector in the Asean economic integration process

The ASEAN Business Club (ABC) and CIMB ASEAN Research Institute (CARI) jointly launched the third set of Lifting-The-Barriers (LTB) Reports yesterday in Kuala Lumpur, held alongside the 47th ASEAN Economic Ministers Meeting. The LTB reports were launched by the Chair of ASEAN Economic Ministers‟ Meeting 2015, Dato‟ Sri Mustapa Mohamed, the Minister of International Trade and Industry of Malaysia.

By |2019-10-17T06:11:06+08:00September 26th, 2015|Press Releases|0 Comments