The Association of Southeast Asian Nations (ASEAN) needs to undertake a bold re-framing of its economic strategy as the region navigates a complex polycrisis, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.
Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso emphasized that the phenomenon of frontloading or accelerating exports before tariffs are normal and carried out by many countries, not just Indonesia.
US tariffs force producers to cut costs.
Starting August 18, restaurant-bars, pubs, and nightclubs in the Boat Quay and Clarke Quay areas will be able to apply for an extension of liquor licenses until 4am on Thursdays and Fridays, as part of a year-long pilot program aimed at revitalising the area.
While there are no clear winners, Laos and Myanmar can be considered losers under a US policy that is shaking up global supply chains, as manufacturers in those countries are subject to a steep 40 percent US import duty.
Negotiator says more details to be worked out but country got ‘a really good deal’.
The Ministry of Investment, Trade and Industry (Miti) is working to strengthen the resilience of Malaysia’s supply chain by fortifying specific industries’ role in the global network, following the recent tariff agreement with the US, according to its Minister Tengku Datuk Seri Zafrul Abdul Aziz.
The 19-percent tariff imposed by the United States on Philippine goods will prompt exporters to explore other markets, as it has intensified competition with neighboring countries.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
