Thailand's exports to the EU totaled 24.2 billion USD, including computers, jewelry, air conditioners, rubber products, and automobiles, while imports from the EU amounted to 19.3 billion USD, mainly comprising machinery, pharmaceuticals, aircraft, chemicals, and electrical equipment.
Malaysian Prime Minister Anwar Ibrahim reaffirmed Malaysia’s commitment to sustainable, inclusive, and equitable growth, as well as its ambition to strengthen its position as a key hub for trade, investment, and technological innovation.
Malaysia’s trade performance in 2024 continued to deliver outstanding performance, recording another milestone with trade reaching new heights. Trade, exports and imports rebounded in 2024 with trade amounting to RM2.879 trillion, an increase of 9.2 percent year-on-year, surpassing the RM2 trillion mark for four consecutive years.
The UK is set to begin trade talks with the Philippines after the Asian nation agreed to lift an import ban on British beef and poultry products.
The year 2025 marks the 30th anniversary of Vietnam’s accession to the Association of Southeast Asian Nations (ASEAN) (1995-2025) and a decade since the formation of the ASEAN Community (2015-2025). Vietnam has made significant contribution to ASEAN and the ASEAN Community, particularly in the fields of economic development, culture, and sustainable development.
A call has been made for ASEAN member states to develop the region into a vast semiconductor hub, leveraging their strengths in manufacturing chips.
Cambodia’s exports to the United States soared to over $1.6 billion between January and February 2025, marking a 25 percent increase from the same period last year, according to a report from the General Department of Customs and Excise of Cambodia released earlier this week.
Donald Trump’s tariff escalation primarily targets countries with strong trade ties to the U.S., such as China, Mexico, and Canada. However, its indirect effects on the Philippines will be significant across several channels.