Russia and Malaysia, two diverse and dynamically growing nations, have traditionally maintained a robust trading relationship. As the shifts in global economy and connectivity take place, these two nations have continued to foster closer economic ties.
The US and Singapore have committed to deepen their “strategic technology partnership” by furthering collaboration on “six key focus areas” of critical and emerging technology, including artificial intelligence (AI), critical infrastructure, and biotechnology, among others.
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).
This is the fourth article in a supply chain series that looks at reimagining the integrated supply chain. This article will discuss how the RCEP may impact supply chains in the ASEAN.
The chief executive also said that three new co-operation agreements relating to medical technology, innovation and technology, and investment, were signed during the two-day Belt and Road forum. The deals are valued at US$450 million (HK$ 3.5 billion), Lee said.
Malaysia’s Gross Domestic Product (GDP) is expected to grow 4.3% in 2024, up from the 4% growth expected for 2023. This will mainly be driven by higher global export demand, particularly from the technology sector, according to the International Monetary Fund (IMF).
Thailand’s Eastern Economic Corridor (EEC) has set a new investment target of 500 billion baht (US$13.7 billion) over the next five years.
India and Indonesia, connected by a deep-rooted history and strategic partnership, are rapidly advancing their economic cooperation. This includes robust trade ties, increased bilateral investment, and initiatives such as the Economic and Financial Cooperation Dialogue (EFD) to address shared development goals. With a focus on technology, pharmaceuticals, agriculture, and infrastructure, both countries are aiming for a trade target of US$50 billion by 2025. These efforts underscore their commitment to mutual growth, presenting a promising outlook for India-Indonesia trade relations.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
