Vietnam has cemented its position as an attractive destination for foreign businesses looking to expand their operations in Southeast Asia, driven by robust growth and expanding infrastructure.
Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).
The Malaysian government said on January 14 that it will encourage sustainability while maintaining the competitiveness of its palm oil industry ahead of the implementation of the EU’s anti-deforestation law at the end of this year.
Malaysian Prime Minister Datuk Seri Anwar Ibrahim and his UK counterpart Keir Starmer held talks in London on January 15, discussing the elevation of the relations between both countries to strategic partnership covering all spheres.
The second round of negotiations for a free trade agreement (FTA) between the European Union (EU) and the Philippines is set to take place here next month.
The Agriculture and Cooperatives Ministry of Thailand is set to improve quality control on all export fruits after Chinese customs checkpoints were ordered to strictly check Basic Yellow 2 lab test results on durians.
An increase in Chinese exports to Southeast Asia is a growing reality amid Sino-West tensions, say analysts. The question is whether countries can eke out benefits while mitigating the problems - and at what cost.
As the current ASEAN Chair, Malaysia can propose a discussion between Southeast Asian and BRICS countries to diversify trade ties and reduce reliance on traditional partners.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
