Braving global headwinds, Cambodia’s economy grew by 5.5 percent in 2023 as against 5.2 percent in 2022 and inflation declined to 2.1 percent compared to 5.4 percent over the same period. The economy is also predicted to grow by 6.4 percent in 2024.
Far East Trade Service Inc Phnom Penh (FETPP), a Taiwanese company operating under TAITRA, is exploring opportunities to expand its investment in the agri-food, industry and automotive sectors with the assistance of the Council for the Development of Cambodia (CDC) for economic mutual interest.
The Ministry of Commerce (MoC) took part in the economic ministers’ meeting attended by ministers and government officials from ASEAN member countries aimed at following up on progress and discussing priority objectives within the ASEAN economic integration agenda.
Southeast Asian countries are fishing for more opportunities to get their lobsters onto Chinese plates, and analysts expect that the trend will not only intensify, it will become increasingly difficult to reverse the longer that Beijing’s protracted ban on Australian rock lobsters remains in effect.
The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING.
China and India will boost Indonesia's coal production in 2024, even beyond the target set this year, according to the Indonesia Mining and Energy Forum (IMEF).
Australia reaffirms its commitment to further strengthen cooperation with the Kingdom in several areas especially in the fields of economy, investment, trade, agriculture and climate change, supporting the socio-economic development response to the regional and global crisis.
GOODS traded between Singapore and Malaysia will now enjoy significant advantages such as decreased transit times and improved overall supply chain performance.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
