The Thai Government should develop a national strategy to address circumvention and adjust production structures by adding value to agricultural and industrial products, aligning with global trends, according to an economist.
Thailand has established the MOC OSS Centre to assist Thai businesses in responding to US tariff measures, offering comprehensive trade services ranging from tax advisory to market expansion to help reduce export costs.
The Vietnam Food Association has asked the country’s trade ministry to challenge a move by the Philippines to suspend rice imports for two months, two sources told Reuters, with traders saying it will harm local production.
Senator Imee’s call for a Banana Rescue Plan reflects the urgency of addressing the decline in exports, urging a focus on enhancing production and research.
Australia and Cambodia celebrated growing trade between the two countries, as Cambodian business Royal Trust Trading Co., Ltd. (RTT) officially launched its first shipment of nuts and dried fruit to Australia.
Malaysia’s growth missed official estimates in the second quarter, though the central bank said the economy is strong enough to weather an expected export slowdown due to US tariffs.
Attracting foreign investments that can help fuel economic growth for the Philippines could face headwinds if the Philippines is not able to successfully negotiate a lower tariff rate from the US.
As the United States presses its“reciprocal tariffs” campaign against ASEAN members, Washington's hard-nosed trade tactics are sending ripples far beyond the negotiating rooms of Singapore, Jakarta and Hanoi.