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Articles Tagged 'ASEAN'

  • ASEAN signs investment deal with China
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    The Association of South East Asian Nations (ASEAN) have signed an investment free trade agreement with China, which will see governments of the 10 ASEAN nations and China facilitate faster settlement of business and labour disputes, and repatriation of business earnings. It also stipulates that countries provide protection for foreign direct and portfolio investments, and [...]

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  • Free trade confirmed for ASEAN and India
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    Officials representing the Association of Southeast Asian Nations (ASEAN) and India yesterday signed a free trade agreement that is expected to boost trade to $60 billion in seven years. ASEAN representative Porntiva Nakasai, commerce minister of Thailand, said the FTA was a sign of good relations between the bloc and India and “comes at an [...]

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  • Australia pleads freedom for Burma’s Suu Kyi
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    Unofficial Burmese leader Aung San Suu Kyi was yesterday sentenced to 18 months home detention following a trial involving accidental contact she had with an American man who swam to her lakeside home earlier this year. Australian Minister for Foreign Affairs Stephen Smith has condemned the sentencing under Burma’s Law Protecting the State Against the [...]

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  • South East Asian pass to boost air travel
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    Malaysian Airlines has launched a discounted air pass for the South East Asian region designed to boost traveller numbers and encourage tourists to visit Malaysia. The pass includes four prepaid one-way tickets between Kuala Lumpur and any destination in the Association of South East Asian Nations, in either direction. The pass, which costs $US229 for [...]

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  • Hu talk goes ahead at ASEAN meeting
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    Australian Minister for Foreign Affairs Stephen Smith has managed to talk to his Chinese counterpart about arrested Australian Rio Tinto executive Stern Hu on the sidelines of the ASEAN Regional Forum in Thailand. Last week’s informal meeting was already wrought with tension after a spokesperson for Yang Jiechi said no meeting had been confirmed. However, [...]

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  • Australia signs on to ASEAN program
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    Minister for Foreign Affairs Stephen Smith yesterday signed the ASEAN-Australia Development Cooperation Program (AADCP) Phase II Memorandum of Understanding with his Thai counterpart Kasit Piromya. The program involves Australia providing $57 million worth of assistance over seven years. Thus far, the first phase has seen greater trade links between ASEAN (Association of South East Asian [...]

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  • Asia export strategy for legal sector
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    An export report by the International Legal Services Advisory Council (ILSAC) has outlined a strategy that will see Australian legal firms increase their global competitiveness for legal services and legal education. The Australian Legal Services – Strategic Global Engagement report identified growth in Australia legal service exports, particularly in Asia. “While the United States, United [...]

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  • Yuan to replace US dollar and euro in Asia
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    The central bank of China has released regulations on using the Chinese yuan for international trade ahead of a pilot program, the date of which is yet to be announced. The pilot is expected to involve the use of the yuan in trade deals between the Chinese mainland and neighbouring markets including Hong Kong, Macau [...]

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  • Global sanctions for Burma over Suu Kyi trial
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    Minister for Foreign Affairs Stephen Smith has added his voice to the global concern for Aung San Suu Kyi, who went to trial this week for breaching her house arrest after an American man swam to her lakeside home earlier this month. Smith reiterated his call to release Suu Kyi, restricted to her home prison [...]

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