Brunei Darussalam’s gross domestic product (GDP) at constant prices, grew at six per cent year-on-year in the third quarter (Q3) of 2024. This growth was driven by a 12.9 per cent expansion in the oil and gas (O&G) sector, while the non-O&G sector saw a growth of 0.3 per cent.
Switzerland is seeking strong economic and trade ties with Cambodia.This was revealed by Helene Budliger Artieda, State Secretary for Economic Affairs of the Swiss Confederation on Tuesday as she received Cham Nimul, Minister of Commerce, in her office in Berne, Switzerland.
President Trump’s potential second term increases global uncertainty, reshaping trade policies and impacting the economy. Thailand faces challenges from U.S. tariffs, sluggish recovery, and the need for strategic adaptation among businesses.
APEC is becoming increasingly significant in addressing contemporary trade and investment issues, with a strong focus on regional economic integration. Despite challenges like US tariffs and rising protectionism, APEC remains steadfast in advocating for economic openness while promoting inclusion and sustainability across its member economies. As part of its 2025 agenda, APEC embraces digital technology and services to address regulatory variations and differing standards that impact trade, aiming to foster greater cooperation and sustainable growth throughout the Asia Pacific region.
Both countries should prioritise regular consultations and practical solutions to improve labour productivity, competitiveness, digital and green economies, logistics, and maritime cooperation.
If the trade-to-GDP ratio starts to fall, there will be "serious economic and strategic implications", says Senior Minister Lee Hsien Loong at the Singapore Maritime Week.
A recent business mission organized by the Philippines’ Department of Trade and Industry (DTI) and the Department of Agriculture (DA) has successfully secured $27.28 million in export sales.
Exports surged by 14% year-on-year to US$26.7 billion in February, marking eight consecutive months of growth, according to the Commerce Ministry.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
