Current US trade policies and global reactions significantly influence the global economy, financial markets, and international trade. The Thai economy is under pressure from multiple sources, leading to heightened volatility and uncertainty, which may adversely affect exports, according to a Bank of Thailand report.
The Cambodian Private Commercial Center in Atsugi City, Japan, has emerged as a key platform for promoting Cambodia’s trade, investment, tourism, and culture to Japanese businesses and the public, said Seang Thay, Secretary of State at the Ministry of Commerce (MoC), during an official visit on Friday.
The Royal Government Friday unveiled details of the Public Private Partnership (PPP) contract worth $1.156 billion between Cambodian and Chinese companies for the development of the Funan Techo Canal (FTC) project, structured under a 51-49 percent ownership model.
Taiwan, Indonesia, and South Korea are the top growth markets.
Thailand must address economic woes and broaden trade ties to handle US tariffs, ex-Commerce and Energy Minister Narongchai Akrasanee said Friday.
Malaysia’s exports accelerated and grew at a much faster than expected pace in March, thanks to strong shipments of electronics, while deliveries to the US surged ahead of a slew of upcoming tariffs.
Advance estimates showed 1Q GDP growth slowing to 3.8% YoY, down from 5% in the previous quarter.
Prime Minister Paetongtarn outlines strategy for US negotiations and discusses ASEAN unity with Malaysian counterpart