The US has agreed to consider granting tariff exemptions — specifically zero tariff rates — for several commodity products proposed by Malaysia, including palm oil and cocoa, which are expected to be finalised next month.
Singapore’s manufacturing output fell in August, snapping 13 straight months of growth, as pharmaceutical and electronics production shrank.
Thailand’s Department of Foreign Trade (DFT) met with China’s COFCO to finalise the sale of 280,000 tonnes of rice under a government-to-government (G2G) deal.
The meeting focused on issues related to the implementation of the ASEAN Trade in Goods Agreement (ATIGA) and measures to advance broader and deeper regional economic integration.
Tensions rise as ASEAN countries face hefty U.S. tariffs, impacting their export-driven economies.
A report by Pranee Muenphangwaree reveals that while global rice stocks are high, Thailand's export prices are on the rise.
UNDP report highlights the severe impact of US tariff changes, with Cambodia, Vietnam, and Thailand seeing significant export losses and economic strain.
Bilateral trade between EU and Indonesia reached 27.3 billion EUR (32.1 billion USD) in 2024, with EU exports worth 9.7 billion EUR and EU imports worth 17.5 billion EUR.