ASEAN+3 discuss cooperation in response to financial crises World

ASEAN+3 discuss cooperation in response to financial crises

Finance chiefs of the 10 ASEAN nations and Japan, China, and the Republic of Korea (ASEAN+3) met in Fiji on May 2 to discuss the enhancement of cooperation in times of financial crisis, including expanding the currency swap agreement between them.
ASEAN local currency transactions promoted World

ASEAN local currency transactions promoted

The Philippines has agreed to join the local currency settlement (LCS) framework which Indonesia, Thailand and Malaysia have operated over the past two years, in an effort to expand intra-ASEAN trade and investment as well as strengthen the regional economic integration.
ASEAN aims at deepening economic integration ASEAN

ASEAN aims at deepening economic integration

Customs cooperation and healthy financial infrastructure remain the top challenges for ASEAN in its efforts to strengthen economic integration and redistribute economic wealth, reported The Nation – an English-language daily newspaper based in Bangkok, Thailand – on April 8.
ASEAN finance ministers, central bank governors meet in Thailand World

ASEAN finance ministers, central bank governors meet in Thailand

The 23rd ASEAN Finance Ministers’ Meeting (AFMM) and the fifth ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) took place in Chiang Rai, Thailand, on April 5 under the chair of Thai Finance Minister Apisak Tantivorawong and Governor of Thai Central Bank Veerathai Santiprabhob.
ASEAN Plus 3 revises agreement protecting regional finance ASEAN

ASEAN Plus 3 revises agreement protecting regional finance

The Association of Southeast Asian Nations (ASEAN) and their partners, namely China, Japan, and the Republic of Korea (RoK) agreed on December 14 to revise the Chiang Mai Initiative Multilateralisation (CMIM) Agreement – a regional financial safety net.
ASEAN+3 nations deliberate threats from rising protectionism ASEAN

ASEAN+3 nations deliberate threats from rising protectionism

Finance ministers and central bank governors of member states of the Association of Southeast Asian Nations (ASEAN) and East Asian countries on May 4 discussed the threat of trade frictions and rising protectionism and pledged to stay vigilant and work harder to avert threats to the global economy.