The Association of Southeast Asian Nations (Asean) must develop a parallel strategy by engaging major economies beyond the region, particularly Australia, to enhance production, productivity, and domestic consumption, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said.
Vietnam and Indonesia have shown strong determination in enhancing their bilateral economic relations. Bilateral trade has witnessed robust growth, surpassing 16 billion USD in 2024, a sharp rise from 8.07 billion USD in 2020
Intensifying trade frictions and competition for strategic investments among major economies will weigh on the pace of Singapore’s economic growth in 2025, Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong said.
Thai exports would be under pressure amidst an intensifying global trade war due to the country’s six weaknesses, the Thai National Shippers' Council (TNSC) said on Sunday.
Hanoi tells trade ministry told to boost rice exports to counter oversupply
Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on completing the upgrade of a regional agreement to expand trade and investment.
US President Donald Trump's plan to impose 25% tariffs on semiconductors may push chipmakers to establish US facilities to avoid levies, potentially reducing Southeast Asia's key role in the supply chain, but it won't halt the industry's global expansion, experts say.
Prime Minister Hun Manet said that Cambodia’s economic and business landscapes gave prominence to partnerships and Asean is a beacon of stability and power.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
