Malaysia's trading activity with its major trading partners bounced back in January, chalking up 13.3% growth to RM234.73bil, its first month of expansion after 10 consecutive months of year-on-year (y-o-y) contraction.
The third meeting of the ASEAN-India Trade in Goods Agreement (AITIGA) was held in the New Delhi from Friday to Monday, during which detailed discussions took place regarding the progress in the negotiations, the Ministry of Commerce and Industry said in a press release.
Chery's Omoda E5 electric vehicle as seen at the Indonesia International Motor Show (IIMS) in Jakarta on Feb. 16, 2024. (JG Photo/Jayanty Nada Shofa)
India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Representational image only.) | Photo Credit: The Hindu
Australia wants to double its A$187bil (RM578.4bil) trade with Asean countries by the end of the year, says its Trade and Tourism Minister Don Farrell, who describes the current trade activity as “not enough”.
The Philippines has given its consent to amend two major free trade deals of the Association of Southeast Asian Nations (Asean), of which it is a founding member, for the benefit of investors, traders and exporters.
Thai exports toThai exports to China, particularly of processed sugar items including syrup, artificial honey, and various sweeteners, have seen a significant surge, thanks to the ASEAN-China Free Trade Agreement (ACFTA). China, particularly of processed sugar items including syrup, artificial honey, and various sweeteners, have seen a significant surge, thanks to the ASEAN-China Free Trade Agreement (ACFTA).
The 5:2 vote by the Thai central bank’s Monetary Policy Committee (MPC) to hold the key policy rate at 2.50 per cent is a hint of an impending rate cut at their next meeting, according to some economists.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
