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Asean

ASEAN, Burma and Rights Hypocrisy

Burma’s bid to chair the Association of Southeast Asian Nations in 2014 was politely dismissed when the bloc concluded its latest summit in Indonesia without a clear commitment on the matter. Instead of receiving support for its bid, Burma was advised by fellow ASEAN members to build better infrastructure first if it really wants to lead the group in the future.

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Burma’s bid to chair the Association of Southeast Asian Nations in 2014 was politely dismissed when the bloc concluded its latest summit in Indonesia without a clear commitment on the matter.

Instead of receiving support for its bid, Burma was advised by fellow ASEAN members to build better infrastructure first if it really wants to lead the group in the future.
But the unstated reason for the quiet rejection of the country’s aspiration is the apparent failure of the ruling junta to improve its poor human rights record. In the eyes of ASEAN, and the rest of the world, Burma’s new government has been unable to hasten the democratization process because of its lack of sincerity and the fact that there is no definite and lasting initiative to promote political reconciliation with dissident parties.
ASEAN also bowed to pressure from Western governments and advocacy groups, which warned about the incompatibility of the …

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ASEAN and Rights Hypocrisy

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Banking

Malaysia, Thailand banks to join the ASEAN Banking Integration Framework

Banking institutions from Thailand and Malaysia are invited to join the ASEAN Banking Integration Framework and indicate their interest to become a Qualified ASEAN Bank (QAB) in Malaysia and Thailand.

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Pursuant to the bilateral arrangement under the ASEAN Banking Integration Framework (ABIF) between Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) which was concluded in April 2019, banking institutions from Thailand and Malaysia are invited to indicate their interest to be a Qualified ASEAN Bank (QAB) in Malaysia and Thailand.

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Tech

Global fashion e-tailer Shein launches new hub in Singapore

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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.

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