Australia aims to double its $187 billion trade with ASEAN compared to $300 billion with China, highlighting barriers and opportunities that both sides should work together to overcome as top leaders prepare to meet for the ASEAN-Australia Special Summit in Melbourne next month.
The door for India to the Regional Comprehensive Economic Partnership (RCEP) remains open, said Asean Secretary-General Kao Kim Hourn CM on Wednesday, expressing hope that New Delhi will reconsider its participation in the world's largest trade deal.
Thailand's economy has been significantly affected by COVID-19 and is experiencing a relatively slow recovery. The country's large informal economy and dependence on tourism have made it particularly vulnerable to the impact of the pandemic.
The Cambodian government is preparing a policy on establishing Cambodia-Japan special economic zones as the country is keen to attract more direct investments from Japan.
Indonesia is Cambodia’s sixth largest trading partner but aspires to become a principal player soon, says Indonesian ambassador to the Kingdom of Cambodia Santo Darmosumarto.
Brunei’s post-pandemic recovery has been weaker than expected. The economy grew only marginally in 2023 — after contracting the previous two years — with the level of output lower than a decade ago. The economic stagnation raises questions about Brunei’s future prosperity. The hydrocarbon-based economic model, which has served the country well for decades, is ripe for change.
THAILAND’S government will forge ahead with its delayed 500 billion baht (S$18.7 billion) handout scheme to stimulate an economy that was in crisis and worsening, the deputy finance minister said on Thursday (Feb 15).
It is necessary for ASEAN and the EU to coordinate efforts to ensure peace, security, and stability in the Indo-Pacific region, to strengthen multilateralism, and to promote dialogue and cooperation, thereby reinforcing an open, transparent, inclusive regional structure based on international law with ASEAN at the centre
<p>Time: 2024 By: Ministry of Industry and Trade</p>
