As global trade uncertainties rise, the European Union looks to ASEAN for diversification - and Vietnam’s implementation of the EVFTA has emerged as a model for the region.
Malaysia's manufacturing sector showed signs of stabilisation in September this year, with operating conditions remaining broadly unchanged, the latest S&P Global Malaysia Manufacturing PMI showed.
Malaysia has emerged as the region's star performer in global trade, according to Standard Chartered (StanChart).
Malaysia has emerged as Asean’s top performer, with more than 35% of global corporates planning to increase or maintain trade activities with the nation, according to Standard Chartered’s Future of Trade report.
Singapore private home prices jumped the most in three quarters, after a resurgence in sales of new apartments.
At the regional level, ASEAN continues to support the rule-based multilateral trading system with the WTO principles as core.
The Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz confirmed progress on finalising the US-Malaysia trade agreement ahead of President Donald Trump’s visit in late October, but stopped short of announcing new measures, saying the deal is now in the “scrubbing” stage.
Asean member states should forge stronger regional cooperation in the steel industry, to accelerate the creation of an Asean integrated market, as well as overall integration.