Malaysia-Vietnam TPP deal is likely by year-end

2015 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
South East Asia ◽  
Kuala Lumpur ◽  
Content Type ◽  
White House ◽  
Political Dynamics ◽  
Trade Unionism

Subject Outlook for the Trans-Pacific Partnership in South-east Asia. Significance Chief negotiators for the Trans-Pacific Partnership (TPP) trade deal will meet July 24 to 27 while trade ministers convene July 28 to 31. US President Barack Obama's administration hopes to submit the final TPP agreement to Congress before end-2015. However, domestic and foreign political dynamics could slow that schedule. The White House will push for congressional approval and a formal TPP launch before Obama leaves office in January 2017, with the deal including South-east Asian members Brunei, Malaysia, Singapore and Vietnam. Impacts Malaysia's services and Vietnam's apparel/textiles sectors would gain under the TPP. Hanoi's TPP entry would strain its relationship with Beijing. The TPP could bolster Vietnamese factory-level trade unionism. Kuala Lumpur will need to manage domestic disaffection over the TPP carefully. Brunei and Singapore are unlikely to find difficulty ratifying the TPP.

North Korea-South-east Asia ties face headwinds

2017 ◽  
Keyword(s):  
East Asia ◽  
North Korea ◽  
East Asian ◽  
The Philippines ◽  
Asia Pacific ◽  
The Sea Of Japan ◽  
South East Asia ◽  
Kuala Lumpur ◽  
Content Type ◽  
Dialogue Process

Significance Last week, Pyongyang and Kuala Lumpur imposed travel bans against each other’s citizens following the February 13 murder in Malaysia of Kim Jong-nam, North Korean leader Kim Jong-un’s half-brother. South-east Asia has worked to integrate North Korea into the Asia-Pacific region through the ASEAN dialogue process. However, Pyongyang’s missile launch into the Sea of Japan on March 6 is likely to have greater impact on South-east Asian views of North Korea than Malaysia's diplomatic spat over Kim Jong-nam. Impacts Likely North Korean efforts to expand trade with South-east Asia will see limited success. The Kim Jong-nam murder and China’s position may add further strain to the Philippines-US relationship. South-east Asian states are unlikely to support China’s wish to punish South Korea economically for deploying the THAAD system.

Parts of South-east Asia may adopt nuclear post-2030

2021 ◽  
Keyword(s):  
East Asia ◽  
Nuclear Power ◽  
Large Scale ◽  
East Asian ◽  
Energy Development ◽  
South East Asia ◽  
Asian Countries ◽  
Content Type ◽  
Electricity Grid ◽  
Renewable Energy Development

Significance It is the only country in South-east Asia with a large-scale nuclear plant, although this was never loaded with fuel. Other countries in the region have tentative plans to develop nuclear power programmes. Impacts The current absence of nuclear power programmes will help avert the diversion of capital from renewable energy development in the region. South-east Asian countries with small, non-power reactors, built for research, will try to maintain these facilities. Across the region, the need for electricity grid investment will increase as more decentralised generation sources are deployed.

ASEAN-India naval ties are symbolic, for now

2015 ◽  
Keyword(s):  
East Asia ◽  
Prime Minister ◽  
East Asian ◽  
Humanitarian Aid ◽  
South East Asia ◽  
Asian Countries ◽  
Content Type ◽  
Regional Role

Subject The outlook for Indian naval engagement with South-east Asian countries and ASEAN. Significance At the ASEAN summit in mid-November, India's Prime Minister Narendra Modi underlined India's 'Look East' policy, pledging to cultivate diplomatic, economic and security relationships with South-east Asia. One manifestation of Delhi's willingness to undertake a more strategic regional role is the Indian navy's growing portfolio of partnerships with South-east Asian navies. Amid concerns over China's maritime assertiveness, India's navy has been welcomed in the region as a security partner. Impacts India will avoid South-east Asian undertakings that may provoke China. Delhi will need to define 'Look East' policies concretely to convince South-east Asia fully of Indian strategic utility. Modi will expand bilateral naval exercises, humanitarian aid and counter-piracy/smuggling efforts in South-east Asia.

South-east Asian demand for crowdfunding could grow

2016 ◽  
Keyword(s):  
East Asia ◽  
Small Businesses ◽  
East Asian ◽  
South East Asia ◽  
Product Returns ◽  
Content Type ◽  
The Past ◽  
Regulatory Reforms

Subject Crowdfunding in South-east Asia. Significance Regulatory reforms have made possible a range of alternative financing initiatives that raised almost 84 million dollars for small businesses in the past three years from South-east Asian platforms alone. Crowdfunding is the fastest-growing segment, though amounts are still small. Impacts Further industry-specific regulatory reforms will be required to support South-east Asian crowdfunding. Facing competition, more banks will be forced to offer online crowdfunding-related products. However, low product returns could be a disincentive to large investor interest in crowdfunding.

Tax plan could raise South-east Asia corporate costs

2016 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
Multinational Companies ◽  
The Philippines ◽  
South East Asia ◽  
Short Term ◽  
Content Type ◽  
Tax Amnesty ◽  
Third Phase ◽  
Tax Bases

Subject South-east Asian tax bases. Significance Indonesia's tax amnesty programme enters its third phase in 2017. The amnesty will generate short-term revenue, but it is not a solution to a wider problem of limited tax bases found across the ASEAN core economies of Indonesia, Malaysia, the Philippines, Singapore and Thailand. Impacts Bilateral tax treaties may change following OECD reforms, even if South-east Asian states are not party to the initiatives. Compliance costs for country-by-country reporting for multinational companies under the OECD initiatives could be substantial. More efficient tax collection and wider tax bases could benefit ASEAN states' development such as infrastructure.

Online extremism poses new threats to South-east Asia

2018 ◽  
Keyword(s):  
East Asia ◽  
East Asian ◽  
The Philippines ◽  
South East Asia ◽  
Islamic State ◽  
Content Type ◽  
Suicide Bombings ◽  
The Military

Subject Online radicalisation. Significance On May 25, the Indonesian parliament unanimously passed stringent anti-terrorism laws allowing the military to be directly involved in counterterrorism operations. The vote followed a string of suicide bombings attributed to local jihadist networks that have pledged allegiance to Islamic State (IS). Jakarta joins other South-east Asian governments -- notably those of Malaysia, the Philippines and Singapore -- in attempting to counter a new push in the region by IS, as it loses territory in Iraq and Syria. Impacts Rising anti-Shia sentiment in the region, a by-product of increased Saudi influence, will likely give IS new issues to exploit. The Rohingya crisis gives IS a regional boost, especially in terms of operations in Myanmar and more likely in Yangon than Rakhine State. Non-ideological, low-wage overseas workers, particularly from the Philippines and Indonesia, are most susceptible to IS.

Tourism will rise rapidly as an engine of Asian growth

2018 ◽  
Keyword(s):  
South Korea ◽  
East Asia ◽  
East Asian ◽  
South East Asia ◽  
Content Type

Significance Inbound and outbound Asian tourism has exploded over the last 20 years, especially in East and South East Asia. However, the sector faces challenges. Impacts Supporting tourism, Asia hosts three Olympics in a row -- South Korea 2018 (winter games), Tokyo 2020 (summer) and Beijing 2022 (winter). Tourism is a key source of exports and dollars; if Cambodia is hit by sanctions after its disputed election, tourism could cushion GDP. In ten years the UN sees India's population overtaking China's, making Indian travellers key to East and South-east Asian tourism.

Trump targets South-east Asia-US policy continuity

2017 ◽  
Keyword(s):  
East Asia ◽  
Trade Agreement ◽  
Vice President ◽  
The United States ◽  
The Philippines ◽  
South East Asia ◽  
Content Type ◽  
White House ◽  
East Asia Summit ◽  
Trump Administration

Subject Emerging US policy towards South-east Asia under the Trump administration. Significance On May 5, the 30th US-ASEAN Dialogue opens in Washington, to be co-chaired by US Secretary of State Rex Tillerson. This follows Vice-President Mike Pence’s visit to Indonesia of April 20-22, the first to South-east Asia by a cabinet-level official from the Trump administration. The White House used that occasion to announce that President Donald Trump will attend the APEC meeting in Vietnam and the East Asia Summit (EAS) in the Philippines in November. Impacts Trump may co-chair a US-ASEAN Summit with Philippines president on the EAS’s margins, which could improve frayed bilateral ties. Congress could frustrate any Trump administration plans to sanction countries with trade surpluses with the United States. An ASEAN-US free trade agreement is unlikely soon. Trump has invited Vietnam’s prime minister to visit Washington later, which could make Hanoi more bullish towards China.

Pandemic fallout hits South-east Asian defence budgets

2020 ◽  
Keyword(s):  
United States ◽  
East Asia ◽  
Political Instability ◽  
East Asian ◽  
The United States ◽  
South East Asia ◽  
Content Type ◽  
Economic Problems ◽  
Economic Distress ◽  
Defence Spending

Subject South-east Asian defence budgets. Significance The pressure of responding to the COVID-19 pandemic is prompting many South-east Asian governments to cut defence spending and postpone or cancel new arms acquisitions. Meanwhile, China and the United States continue to vie for influence in the region. Impacts Piracy attacks will increase across the region as socio-economic distress rises and budgets for navies and coast guards fall. ASEAN unity will fracture as tensions among member states increase. Economic problems will cause political instability across South-east Asia, possibly even leading to military coups in certain countries.

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