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Eastern members risk falling behind rest of EU

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EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

Brunei will step up efforts to diversify economy

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BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

Rift within Philippine administration will deepen

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PHILIPPINES

Duterte has come under criticism in Congress over her use of confidential funds (CFs). Despite the president’s remarks, he and his deputy appear to be at odds on a range of issues.

Joining ASEAN may slip down East Timor’s priority list

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EAST TIMOR

Gusmao was inaugurated as premier at the start of July, after victory for his party in the May parliamentary elections. At the inauguration ceremony, President Jose Ramos-Horta…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

ASEAN leadership will stretch Laos in 2024

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LAOS

The theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…

Drought poses enduring challenges in Central America

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CENTRAL AMERICA

The region is highly vulnerable to climate variability. The Dry Corridor -- a band of territory that runs from Guatemala to Panama and is home to around one-quarter of the…

Lebanese health and education woes risk instability

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LEBANON

This is having highly negative economic and social consequences, with problematic implications for long-term growth and stability. The country’s already extreme inequality is…

High employment and low wages will curb Russian growth

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RUSSIA

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…

ASEAN-Australia relations will grow

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ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…