(Washington, D.C.) – Today, the US-ASEAN Business Council was pleased to host Singapore’s Minister for Trade and Industry, H.E. Chan Chun Sing for a luncheon to discuss Singapore’s view on the future of trade in the world’s most dynamic economic region, ASEAN, and leadership on major trade agreements, the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP).
(Manila) – The US-ASEAN Business Council convened an inaugural Post-ASEAN Transport Ministers’ Meeting Roadshow, starting in Manila, as a follow-up to the Council-led business mission to the 24th ASEAN Transport Ministers Meeting in November 2018, where U.S. companies officially participated in and engaged with the ASEAN Ministers of Transport and Senior Transport Officials on priority infrastructure issues. The roadshow continued the 2018 Business Mission themes of High-Quality Infrastructure and Safety.
(Washington, D.C.) The Board of Directors, members and staff of the US-ASEAN Business Council offer their sincere condolences to the Plasai family, the Royal Thai Government, and the people of the Kingdom of Thailand on the passing of H.E. Virachai Plasai, Ambassador of the Kingdom of Thailand to the United States. Ambassador Virachai passed on March 16, at age 58, after a battle with a myelodysplastic syndrome, a form of bone-marrow cancer.
(Hanoi) – This week, the US-ASEAN Business Council brought a delegation of more than 50 leading American companies to Hanoi to engage with the highest level of the Vietnamese government on trade and investment opportunities. Coming on the heels of President Trump’s visit to Hanoi for the 2nd U.S.-DPRK Summit, this business delegation is the Council’s largest delegation to any ASEAN nation in its 35-year history, reaffirming U.S. President Donald Trump's praise of Vietnam as "thriving like few places on Earth."
(Washington, DC) The US-ASEAN Business Council’s Board of Directors, members, and staff congratulate Dr. Benjamin E. Diokno on his appointment as Governor of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas, or BSP). Dr. Diokno will serve as BSP Governor until 2023, which includes the remaining term years of former BSP Governor Nestor A. Espenilla, who passed away on February 23 after a battle with cancer.
(Washington, D.C.) The Board of Directors, members and staff of the US-ASEAN Business Council offer their sincere condolences to the Espenilla family, Philippines Government, and the people of the Philippines on the passing of Nestor A. Espenilla Jr., Bangko Sentral ng Pilipinas (BSP) Governor and Chairman of the Monetary Board. Governor Espenilla passed on February 23, at age 60, after a battle with cancer.
“I am deeply saddened by the news of Governor Espenilla’s passing,” said Alexander Feldman, President & CEO of the US-ASEAN Business Council. “He served his country with integrity and dedication. The Council and its members will miss working with him and will always remember the great contributions he has made to the advancement of the U.S.-Philippine economic relationship.”
(Bandar Seri Begawan) The US-ASEAN Business Council concluded its 2019 Business Mission to Brunei Darussalam on January 30, with leading U.S. companies from a cross section of sectors to engage the Government of Brunei on trade and investment opportunities, in support of Brunei’s diversification efforts. The two-day mission aimed to further develop longstanding commercial ties between the U.S. and Brunei and focused on identifying opportunities with Brunei’s new cabinet, to bolster the U.S.-Brunei economic relationship and supporting the Government of Brunei’s efforts to implement key reforms in order to help promote Brunei as a destination for high-value trade and investment.
(Washington, D.C.) - The 10 Southeast Asian nations that make up ASEAN represent the third largest population bordering the first and second largest populations and is the biggest trade and investment regional hub in Asia. With a combined population of over 600 million people, a total GDP nearing US$3 trillion, and an average annual GDP growth rate of 5 percent, ASEAN is also a leading industrial manufacturing node in the global economy. ASEAN is currently the fifth largest regional manufacturing economy in the world. In its 2016 Global Manufacturing Competitiveness Index, Deloitte already considers three ASEAN nations – Singapore, Malaysia and Thailand – globally competitive in advanced manufacturing, and it expects Indonesia, Vietnam, and Thailand to join them among the 15 most competitive manufacturing nations in the world by 2020.
(Ubud) - Strategies for realizing opportunities that emerging technologies bring, the challenges they present, and how governments should be preparing for these technologies were the key themes in meetings between the US-ASEAN Business Council (US-ABC) delegation and ASEAN Telecommunications and IT Ministers over the past three days. The meetings took place in Ubud, Indonesia from December 4-6 as part of the annual ASEAN Telecommunications and IT Ministers Meeting (TELMIN).