Thailand's coconut, famous for its rich and sweet taste, has gained significant popularity in the Chinese market. In recent years, it has been extensively used in various foods and beverages in China, such as cakes, coffee, and hot pot, especially after the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement.
The National Economic and Development Authority (NEDA) of the Philippines has announced plans to propel the nation’s economic growth through the advancement of the ‘Blue Economy.’ The initiative, which is being sponsored by Senator Loren Legarda through a proposed legislation known as the ‘Blue Economy Act,’ aims to tap into the sustainable use of ocean resources for improved livelihoods, job creation, and the health of ocean ecosystems.
Cambodia and Hungary wrapped up a second round of discussion on drafting for economic cooperation, pledging, a remarkable move forward to boosting bilateral trade and investment between the two countries.
Chinese firm Shenzhen Power Solution has expressed interest in investing in the manufacturing of solar-powered appliances in Cambodia.
Singapore’s non-oil domestic exports (NODX) shrank 1.5% year on year in December 2023 after logging a 1% increase in the previous month, driven by continued weakness in shipment of electronics and slower growth in pharmaceuticals, Enterprise Singapore (EnterpriseSG) reported on January 17.
The southern Malaysian state of Johor may emerge as Southeast Asia's version of Shenzhen, experts say, with the Johor-Singapore Special Economic Zone, or JS-SEZ, expected to boost investments and partnerships between Singapore and Malaysia.
Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.
Representatives from about 50 Vietnamese enterprises and Khmer businesses of Vietnamese-origin gathered in Phnom Penh on January 16 to share their experience in operating and investing in Cambodia and foster their connections.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
