News

Vietnam’s Department of Foreign Investment has reported that, in the first five months of this year, the country saw a steep rise in foreign direct investment capital from Hong Kong and China.

Singapore has announced that it will implement all operational provisions of the World Trade Organization’s Agreement on Trade Facilitation as soon as the agreement becomes active next year.

Due to its potential for growth and development, U.S. businesses are looking to increase commercial and economic ties with the Philippines. Last week, U.S. Secretary of Commerce Penny Pritzker visited the Philippines to meet with President Aquino and other officials.

China and the Arab states have unveiled a series of plans to enhance mutual cooperation at the sixth ministerial conference of the China-Arab States Cooperation Forum, which was held in Beijing last week.

Chinese Foreign Minister Wang Yi has said that China is prepared to reach a final settlement with India on the issue of border disputes and investment if India is open to increasing bilateral trade and relaxing foreign direct investment regulations.

Chinese foreign minister Wang Yi has met with leading Indian officials to discuss ways to improve bilateral relations and strengthen cooperation in key areas including trade and investment.

Following in the footsteps of the Philippines, Vietnam is considering taking China to an international maritime court to resolve a simmering dispute over contested waters in the South China Sea (also known as the East Sea by Vietnam).

According to the Global Cities Index (GCI), seven of the top 20 cities listed are in the Asia-Pacific region.

China’s entertainment and media market will overtake Japan’s to become the world’s second-largest by the end of 2018, according to a survey published this week.

Smartphones and tablet computers will increase online retail sales in the Asia-Pacific region to more than US$400 billion a year by 2018, according to a report by global consumer research firm Euromonitor.