Chair of the ASEAN Business Advisory Council (ASEAN-BAC), Arsjad Rasjid, has said that he is hoping to expand the quick response (QR) code digital payment service not only within ASEAN, but also to Indo-Pacific countries.
Thailand's annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said on Monday it projected smaller consumer price rises for the rest of the year.
Indonesian President Joko Widodo said the two countries' strategic partnership had not only brought benefits to the two countries but also contributed to peace, stability and prosperity in the region.
Negotiations for the third iteration of the China–ASEAN Free Trade Agreement continued beyond June 2023. Of the three issues highlighted by Chinese Deputy Commerce Minister Wang Shouwen, green economy and supply chain management are of compelling importance. They offer major opportunities for liberalising trade in environmental goods and services and in further strengthening ASEAN’s vital linkages in its value chain with China.
The 9th annual EU-ASEAN Business Sentiment Survey (BSS) revealed a positive outlook for European businesses in Southeast Asia (SEA), underscoring growing importance of ASEAN-European Union (EU) relations.
The Philippines has the least monetary policy freedom in Southeast Asia, forcing the Bangko Sentral ng Pilipinas (BSP) to slash interest rates only when the US Federal Reserve starts doing so.
After the inauguration of the much-awaited Sittwe Port in Myanmar, the Indian Railways has now announced linking the neighbouring country with Mizoram. It has approved the final location survey of a 223 km rail line from Aizawl to Hbichhuah in Mizoram, near the Myanmar border. Sources said that landlocked Nepal and Bhutan could also benefit once the project is complete.
The latest investment by global semiconductor company Infineon Technologies AG in Malaysia reflects foreign investors’ confidence in Malaysia, its Madani Economy initiative and its future.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
