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NEWS UPDATES Asean Affairs    7 April  2016  

ASEAN endorses action plans for financial integration 2025

VIENTIANE, 6 April 2016 – The Second ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (2nd AFMGM), the Twentieth ASEAN Finance Ministers’ Meeting, and the Twelfth ASEAN Central Bank Governors’ Meeting (12th ACGM) were held on 4 April in Vientiane, Lao PDR.

The 2nd AFMGM reviewed the progress of regional initiatives on financial integration and financial cooperation, and endorsed the Strategic Action Plans for ASEAN financial integration 2025.  The ASEAN Finance Ministers and Central Bank Governors are committed to implementing the action plans to promote financial integration, financial inclusion and financial stability in the region, in support of ASEAN macroeconomic stability and growth.  The meeting endorsed the ASEAN Capital Markets Forum  Action Plan 2016-2020 and the establishment of the ASEAN Insurance Forum, the Working Committee on Financial Inclusion, and the Working Committee on ASEAN Banking Integration Framework.  Meanwhile, the finance ministers meeting endorsed the six broad strategies of taxation action plans.

The meetings were chaired by H.E. Dr. Liane Thykeo, Minister of Finance of Lao PDR, and H.E. Dr. Somphao Phaysith, Governor of the Bank of Lao PDR, and attended by the Finance Ministers, the Central Bank Governors, and the Secretary-General of ASEAN H.E. Le Luong Minh.  The meetings were preceded by the ASEAN Finance Deputies’ Meeting and the ASEAN Central Bank Deputies’ Meeting on 1 April 2016, and the ASEAN+3 Finance and Central Bank Deputies’ Meeting on 2-3 April 2016.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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