Latest Asia Economic Exclusives - Exclusive Asia Economic Facts & Events
Oil in Cambodia: Economic Boon or Disaster?
The Kingdom of Cambodia has recently discovered a bounty of untapped wealth. It seems that off the coast of Cambodia, in the Gulf of Thailand, there are billions of dollars worth of oil reserves. While the international energy community is turning its head towards Cambodia, the international development community is fearful that the revenue from the oil will stunt the ...
Read Full ArticleOpen Sky Policy: Future of Free Trade in ASEAN?
In 2003, at an ASEAN summit meeting, the proposal began for an extension of the free trade zone into the skies, an open sky policy within the ASEAN region. The open sky agreement, whose target has been set for 2020, is said to be an inaugural part of the economic integration of the ASEAN member countries. As stated in a report done by the Australian Government, open sky ...
