Asean's goal of a single market and production base still has to contend with non-tariff barriers and weak infrastructural links in some member states.
Foreign direct investors are attracted by Vietnam's advantages compared to China, such as lower wage rates and young workforce.
As Asean leaders gather in Laos for their annual summit, the focus will be on the group's relationship with China amid the South China Sea controversy.
It's been a tough year for Asean as tensions over China's incursions into the South China Sea have challenged its long-running practices.
Don't expect any movement on the deal until the U.S. elections are done, warns Frank Lavin of Export Now.
North Korea's foreign minister said the United States had destroyed the possibility of a nuclear-free Korean peninsula, Yonhap reported
The Philippines pushed hard for The Hague's ruling to be included a joint ASEAN statement, Manila's foreign minister said.
Control Risks' Andrew Gilholm says China will continue to vocalize that it rejects the tribunal's ruling as top U.S. officials visit Asia.
The Philippine might have won The Hague's ruling but China has the operational upper hand in the South China Sea, says DLSU's Richard Heydarian.
The Indonesian central bank is likely to cut the reference and 7-day reverse repo rate by 25 basis points, says BNP Paribas' Philip McNicholas.
Siemens Regional CEO Armin Bruck says Asean's infrastructure push is driving growth and building a solid foundation for future investments.
The joint military exercise is meant to create an intelligence sharing platform to counter threats from North Korea, says NTU's Michael Raska.
A close call for the Brexit vote might lead to another leave-or-remain referendum down the road, says EU-Asean Business Council's Chris Humphrey.
China-led AIIB is a welcome addition to help fund infrastructural developments in the region, says Japan-led Asian Development Bank's VP, Stephen Groff.
Governments should facilitate and manage changes that come with the Fourth Industrial Revolution, says Lippo Group's deputy chairman, Ginandjar Kartasasmita.
There's still some way for the Asean Economic Community to be implemented across the various countries, says Muhktar Hussain, HSBC Bank Malaysia's CEO.
There needs to be more cooperation between Asean members to grow through innovation, reckons Martin Lakos from Macquarie Private Wealth.
The WEF wants to support closer ties within Asean, increase the region's competitiveness and highlight its potential globally, says WEF's Philipp Rosler.
SINGAPORE, May 17- Low-cost airline groups and manufacturers of smaller passenger aircraft will be among the main winners after Southeast Asia's open skies agreement finally came into effect last month, although airport capacity constraints could limit the benefits. Ratification of the Association of Southeast Asian Nations open skies agreements by...
Deyi Tan, ASEAN Economist at Morgan Stanley, says the recent change in the central bank's benchmark rate merely indicates it is improve policy sanctity, not stimulate markets.