UKABC was honoured to host a high-level delegation from the Philippine Government including Secretaries leading the Departments of Finance, Energy and Budget and Management. On this occasion, we were delighted to also be joined by the Special Assistant to the President for Investment and Economic Affairs and the Deputy Governor of Bangko Sentral ng Pilipinas (Philippines Central Bank).

ASEAN is one of the fastest-growing parts of the global economy, with 700 million people, and many nations with strong and resilient economies. There is a real appetite to engage with the UK. As we rightly pivot back to better relations with the EU, we mustn’t lose sight of our need to continually engage with ASEAN…

The global accountancy body – ACCA – is working with the UK-ASEAN Business Council (UKABC) to promote international business and trade in the Middle East and Southeast Asia. The UKABC-led events – where ACCA is principal sponsor – will see government, business, and trade leaders discuss issues that matter to businesses looking to enter and extend their commercial footprint in the region.

After five years of negotiations, the UK and 90 other countries have finalised the E-Commerce Joint Initiative at the World Trade Organization (WTO), which will make trade faster, cheaper, fairer and more secure. It will help British businesses, workers and consumers seize the opportunities of global digital trade, which is estimated by the OECD to be worth around £4 trillion and growing.

In Vientiane, the Foreign Secretary will position the UK as a key partner to the Indo-Pacific region by forging closer collaboration on areas including trade, climate change and health security. Marking his first official visit to the region, the summit will highlight this government’s plan to strengthen Britain’s influence with the global powers of tomorrow.

From 3-4 July Rino Donosepoetro, Cluster CEO, Standard Chartered Bank Indonesia and ASEAN Markets and UKABC Board Director and Allen Lai, UKABC’s Director-ASEAN, spoke at the Consultative Forum on Post ASEAN Economic Community 2025, hosted by the ASEAN Secretariat and the UN Conference for Trade and Development (UNCTAD).

The UK’s Senior Economic Official to ASEAN, His Majesty’s Trade Commissioner (HMTC) for Asia Pacific Martin Kent, visited Vientiane, Laos to demonstrate the UK’s continued and deepening economic commitment to ASEAN.

On Friday, 28th June, UKABC was delighted to support KPMG’s and DBT’s UK-Cambodia Trade and Investment Conference. This conference marked the first official Cambodian trade and investment mission to the UK and was led by H.E. Dr. Sok Siphana, Senior Minister for Trade and Investment of the Royal Government of Cambodia.

In the margins of the ASEAN Future of Fintech Forum in London, Lord Ed Vaizey, Chair UK-ASEAN Business Council (UKABC), Ian Gibbons, UKABC’s Chief Executive and Ben Raby, UKABC’s COO, held constructive and collaborative discussions with Mr Agusman, Member of the Board of Commissioners of Indonesia’s FSA (OJK) and Bernardino Vega, Vice Chair of the Indonesia Chambers of Commerce and Industry (KADIN).

Lord Ed Vaizey, Chair of the UK-ASEAN Business Council met with Hon. Gobind Singh Deo MP, Minister for Digital of Malaysia at Battersea Power Station for an open and informed discussion on AI regulation and safety, managing cyber security risks and the opportunities from the UK and global space sector growth.

The ASEAN Future of Fintech Forum co-hosted by KADIN Indonesia and the ASEAN Business Advisory Council, in collaboration with Equatorise, Indonesia’s FSA (OJK) and the UK Government and with support from the UK-ASEAN Business Council attracted an audience of over 100 business leaders.

Ian Gibbons, Chief Executive Officer of the UK-ASEAN Business Council (UKABC), recently returned from a trip to Singapore encouraged by positive insights on the region's economic landscape. In a LinkedIn post, Ian highlighted the talent and dynamism of Singapore and the broader ASEAN (Association of Southeast Asian Nations) region and emphasised UKABC's engagement with key organisations including The ASEAN Secretariat and ASEAN Business Advisory Council (ASEAN-BAC) to drive economic growth and investment opportunities.

The UK Mission to ASEAN and the ASEAN Secretariat launched the ASEAN-UK Economic Integration Programme (EIP) in Jakarta to foster economic growth in the region.

The UK-ASEAN Business Council (UKABC) extends thanks to all participants for their contributions to the success of the recent UK-ASEAN Business Forum. Held on Tuesday 26th March 2024, the event featured insightful discussions on key topics including digital transformation, infrastructure connectivity, green finance, economic integration, people mobility, and climate change resilience.

Singapore offers food and beverage brands a unique opportunity to communicate with consumers directly as the average Singaporean social media user is savvy and highly engaged online. Nikki Carr, Social Media Coordinator at Incite, shares her thoughts on the characteristics of Singaporean social media users based on her experience developing social media programs for clients in the market.

Singapore has formally ratified the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), becoming the second existing member to do so after Japan late last year.

The UK Government is interested in receiving views from businesses, individuals and other interested stakeholders on which areas of the current CPTPP agreement the government should seek to keep the same, change or improve through the CPTPP general review.

Explanation of the Theme for the Lao PDR’s ASEAN Chairmanship in 2024 - ASEAN: Enhancing Connectivity and Resilience