Senator Imee’s call for a Banana Rescue Plan reflects the urgency of addressing the decline in exports, urging a focus on enhancing production and research.
Australia and Cambodia celebrated growing trade between the two countries, as Cambodian business Royal Trust Trading Co., Ltd. (RTT) officially launched its first shipment of nuts and dried fruit to Australia.
Malaysia’s growth missed official estimates in the second quarter, though the central bank said the economy is strong enough to weather an expected export slowdown due to US tariffs.
Attracting foreign investments that can help fuel economic growth for the Philippines could face headwinds if the Philippines is not able to successfully negotiate a lower tariff rate from the US.
As the United States presses its“reciprocal tariffs” campaign against ASEAN members, Washington's hard-nosed trade tactics are sending ripples far beyond the negotiating rooms of Singapore, Jakarta and Hanoi.
Talks about the exemptions of some Philippine products from United States tariff continues, but specifics cannot be disclosed yet since these are under a non-disclosure agreement, an official said Monday, Aug. 11, 2025.
Despite the recent announcement of “final” tariff rates, the situation facing Southeast Asia’s economies is far from settled.
Malaysia must urgently diversify its export markets following the US’ plan to impose a 100% tariff on imported semiconductors, a move expected to heavily impact the local industry’s reliance on the US as its main destination.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
