Japan and the Association of Southeast Asian Nations will establish a research center that promotes the free flow of data across borders, aiming to counter China's restrictions by giving businesses the ability to analyze markets in a wide area.
Vietnam remained the biggest rice provider of the Philippines in the first five months of this year with turnover of US$772.4 million, surging 31.1% year-on-year.
As an intergovernmental organization formed to promote regional cooperation, ASEAN took on new challenges when it decided to move toward a European-style common market by 2025.
Micro, small and medium-sized enterprises (MSMES) play a significant role in transforming ASEAN towards a circular economy and prepare the region for sustainable future, Secretary-General of ASEAN Kao Kim Hourn said in an article published on June 26.
The Republic’s exports have shown no signs of picking up yet, as non-oil domestic exports (Nodx) fell 14.7 per cent in May, from the same month a year ago, worsening from a 9.8 per cent contraction in April and an 8.2 per cent dip in March.
The IMF projects a downtick in global economic growth - a mere 2.8 percent for 2023. The Asia-Pacific region, once hailed as the economic dynamo that drove the recovery post-2008, is faring no better. Its growth rate is languishing at around 4 percent for both 2023 and 2022, a significant decrease from 6.5 percent in 2021. The path to global economic recovery, it appears, is far from straightforward.
Việt Nam and Singapore will celebrate 50 years of diplomatic relations this year, while Singaporean FDI remains sky-high. We interview the CEO of the Singapore Business Federation to learn what makes the country so attractive to Singaporean businesses.
Micro, small and medium-sized enterprises (MSMEs) play a significant role in transforming ASEAN towards a circular economy and prepare the region for a sustainable future.