Cambodia has taken a significant step towards strengthening its electric vehicle (EV) manufacturing ecosystem with newly announced tax incentives on key EV components, according to industry observers.
The head of Malaysia's tourism industry pointed out four factors that make it difficult for domestic destinations to attract tourists. Competition with regional markets such as Viet Nam is cited as one reason.
Thailand posted a higher-than-expected trade deficit for a second month as a jump in imports outpaced sluggish export growth, underscoring economic risks including a stronger baht that threatens competitiveness.
Thailand's exports extended their growth for a 17th consecutive month in November, mainly driven by sustained strong demand for industrial products in line with the electronics sector's upward cycle, official data showed on Thursday.
The growth indicates that Cambodia is gradually moving up the value chain, which is essential for sustainable economic growth and competitiveness in the global market.
The agreement, which is expected to be signed by President Prabowo Subianto and US counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.
Malaysia is unfazed by Laos’ growing presence in China’s durian market, as global demand for the fruit continues to expand beyond a single destination, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
Indonesia has signed a free trade agreement (FTA) with the Eurasian Economic Union (EAEU) to diversify exports and secure a stronger foothold in a promising “non-traditional market” of nearly 200 million people.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
