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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.

Boris Sullivan

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Association of Southeast Asian Nations ASEAN

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.

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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

Banking

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In a global first, Singapore and Thailand have linked their real-time payment systems, PayNow and PromptPay allowing international fund transfers between the two countries within minutes.

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Myanmar

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Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.

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By Karen Lee

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Vietnam

Vietnam: Manufacturing to remain the key driver of growth

We expect robust exports, led by strong global demand for electronics, to continue to underpin solid economic growth over the remainder of this year with GDP forecast to rise close to 8%.

Boris Sullivan

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Vietnam’s Binh Dinh Industrial Zone: Opportunities for Foreign Investors

GDP growth was unchanged at 4.5% y/y in Q1. Manufacturing activity surged, while the recovery in service sector activity and construction continued albeit at a more subdued pace as some localised social distancing measures were reinstated.

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