Norway hopes to conclude the European Free Trade Association (EFTA)-Malaysia free trade agreement (FTA) by 2024 to foster more opportunities for Norwegian and Malaysian companies.
JAKARTA, 30 November 2023 – The 10th ASEAN Economic Community (AEC) Dialogue took place today, serving as a platform to socialise the ASEAN Digital Economy Framework Agreement (DEFA), the world’s first regionwide legally binding instrument on digital economy.
Thanks to an acceleration in digital transformation during the pandemic, the region is poised for a digital payments revolution, said PwC. "This enhanced availability and convenience of digital payments will see the bulk of the regional population leveraging mainstream digital financial products, such as e-wallets, further expediting the expansion of financial services," said PwC in a report.
Laos introduced a new decree introducing strategic excise tax adjustments on various products, emphasizing the government’s commitment to mitigate foreign currency depletion, promote sustainable practices, and fortify economic resilience through prioritized imports.
A conference has been held in Edmonton city in Canada’s Alberta province to discuss the role of Vietnam as a gateway for Canada to enter Southeast Asia during the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Choosing Vietnam as the first investment destination outside Thailand has been a successful, satisfying move, said Jareeporn Jarukornsakul, chairman of the executive committee and group chief executive officer, WHA Corporation Public Company Limited.
Trade-oriented countries are 'not out of the woods' yet after 2023's slowdown