Indonesia is seeking to boost bilateral trade with Cambodia - particularly by increasing imports of Cambodian goods - while stressing the need to improve connectivity, logistics and cooperation in energy and defense.
Singapore’s economy continues to show resilience despite uncertainties stemming from United States (US) tariffs, economists said following Prime Minister Lawrence Wong’s National Day Rally.
Philippine President Ferdinand Marcos Jr announced after a Cabinet meeting that he would order a 60-day suspension of rice imports, from Sept 1 to Oct 30, to ease the impact of falling paddy prices during the harvest season.
Thai exporters to retain US market.
Thai experts have called for a long-term strategy to offset the negative effects of US tariffs, saying Thailand should strengthen its competitiveness by investing more in innovation and technology while expanding its trade partners, including focusing more on China.
Thailand's economic growth likely slowed in the second quarter as weak household consumption offset gains from strong exports, according to a Reuters poll of economists.
Asean, the world’s fourth-largest economy, does not have to take US President Donald Trump’s tariff-induced chaos lying down.
Brazilian meat exporters are confident of shipping 570,000 metric tons of pork and chicken meat to the Philippines this year, fueled by the country’s rising demand for animal protein.