Japan will work with Association of Southeast Asian Nations members to promote digital processing of imports and exports in an effort to ease bilateral trade.
Rice trading in Thailand, the world's second-largest rice exporter after India, has turned chaotic as India's recent ban on rice exports touches off panic buying. Speculative hoarding is draining supply from the market, leaving less rice available for export.
The 56th ASEAN Foreign Ministers' Meeting (AMM-56) recently held in Indonesia focused discussions on the process of building the ASEAN Community, implementing the ASEAN Outlook on the Indo-Pacific (AOIP), external relations, and regional structure.
The central bank of Laos, in cooperation with Japanese fintech company SORAMITSU, have successfully trialed a digital currency prototype – the Digital Lao Kip. The digital currency utilizes a block chain system developed by SORAMITSU with the aim to increase financial inclusion among the unbanked population in Laos.
Jointly organised by the Thailand - Vietnam Friendship Association (TVFA) and the Vietnam - Thailand Friendship Association (VTFA), the event was part of activities to celebrate the 10th anniversary of the strategic partnership between the two countries (2013 – 2023).
Thailand's Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit said import and export activities of Vietnamese and Thai enterprises need to be facilitated, thus helping the two countries to increase trade value of US$25 billion by 2025.
Ensuring free and efficient data flows can profoundly affect economies, fostering innovation and cementing competitive advantage.
The Philippine central bank will leave its key interest rate unchanged at 6.25% for a third consecutive meeting on Thursday and keep it there for the rest of the year to assess the impact of previous hikes on inflation, a Reuters poll found.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
