Thai coconut exporters could face significant challenges if the US imposes higher tariffs on Thai products than those exported from Vietnam, says K Fresh, a leading Thai producer and shipper of coconut products.
The Indonesian government is pursuing the finalization of several free trade agreements, with a number of countries, in a bid to curb import tariffs and expand access to export markets.
The Philippines and Israel are looking to soon forge a free trade agreement (FTA), in line with the government’s thrust to expand global trade partnerships.
Thailand plans to export tapioca products, with a focus on modified starch and native starch, to new markets including the Philippines, New Zealand and Japan.
The Indonesia-European Union CEPA deal, expected in 2026, will boost exports such as shoes, palm oil and coffee. Indonesia also seeks a quicker trade deal ratification with Canada, following the Australia CEPA model for effective trade and investment.
19% import tax to shave ‘substantial’ 0.4 ppt off country’s GDP growth.
Within ASEAN itself, trade among member states still remains low, not even reaching 25%. Therefore, Malaysia has introduced a framework to ensure that trade among ASEAN countries is enhanced.
Property leaders believe the disruption could accelerate the adoption of digital technologies, sustainable construction practices and regional trade integration within Asean’s real estate landscape.