Tag Archives: Asean

PM Thongloun: ASEAN To Become World’s No. 4 Economy By 2030

PM Thongloun ASEAN to Become World’s No. 4 Economy by 2030

A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told business leaders in his nation’s capital on Monday.
“Studies have shown that the ASEAN economy is expected to grow at 7% per annum, with a GDP reaching $4.7 trillion in 2020, and the possibility of becoming the fourth-largest economy in the world by 2030,” Thongloun said in his ….. Continue reading

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ASEAN Split On How to Deal With China In South China Sea Row

ASEAN Split On How to Deal With China In South China Sea Row

Southeast Asia’s main grouping opened a meeting of their foreign ministers Sunday, deeply divided on how to deal with China’s territorial expansion in the South China Sea that has impacted some of its members and whipped up an increasing diplomatic quagmire.
Laos is hosting the gathering of the 10-nation Association of Southeast Asian Nations, which traditionally ends with a joint statement. But the sticking point is whether to include a reference to the …. Continue reading

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Open Skies Closed: ASEAN

Open Skies Closed: ASEAN

Asean’s ambitious open-skies scheme has clearly missed the 2015 year-end deadline, and its full implementation appears elusive. Three members of the 10-nation bloc — Indonesia, the Philippines and Laos — seem reluctant to join the scheme for full liberalisation of Southeast Asia’s aviation sector….. Continue reading

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Laos To Lead ASEAN In 2016

Laos To Lead ASEAN In 2016

Lao PDR has launched a logo, campaign theme and website to support its ASEAN chairmanship in 2016.
The campaign features will focus on welcoming the ASEAN Economic Community era in 2016.
The ASEAN 2016 logo features 10 connected circles, comprising ….. Continue reading

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Obama Plans To Visit Laos, A First For A US President

Obama Plans To Visit Laos, A First For A US President

President Barack Obama plans to visit Laos next year to attend a regional economic summit, making him the first US president to visit that country, an advisor said Wednesday.
Obama will make history when he attends an ASEAN conference in the poor but economically growing country, which was massively bombed by the United States during the ….. Continue reading

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AEC Effects Unlikely To Be Seen For Years

AEC Effects Unlikely To Be Seen For Years

It could take up to a decade for substantial changes to be seen after the Asean Economic Community (AEC) goes into full effect at the end of this year, a Bangkok seminar heard yesterday.
The dream of a single market with free flows of trade, labour and investment will take up to 10 years to be realised, and it will take three or four years before the effects of lowered trade barriers will truly be seen, experts said.
Some tariffs have already been lowered but in many cases ….. Continue reading

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