Indonesia is encouraging collaboration, partnerships, sustainable and inclusive financing, and access to appropriate technologies for accelerating the energy transition, especially in the Southeast Asian region.
National Bank of Cambodia (NBC) is preparing to sign agreements with the State Bank of Vietnam and the Bank of the Lao People's Democratic Republic to promote the use Cambodia’s local currency, riel, in their economic activities.
Malaysia's finance ministry said on Tuesday it would implement structural policies aimed at boosting fund inflows and foreign investment that can support the ringgit, reiterating it has no plans to peg the currency to the U.S. dollar.
Vietnam is among the six ASEAN economies forecast to grow by 4.2% in 2023, outpacing the global gross domestic product (GDP) growth of 2%, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.
In the first five months of the year, the rice industry brought in a record export turnover of $1.9 billion, up 41.6% over the same period last year. Meanwhile, the export price of rice also increased to a 2-year high, surpassing both Thailand and India.
The Regional Comprehensive Economic Partnership (RCEP) officially entered into full force on June 2, 2023. This event marks the full effect of this Agreement for the 15 signatories.
Foreign Minister of the Republic of Korea (RoK) Park Jin on June 16 proposed establishing a comprehensive strategic partnership with the Association of Southeast Asian Nations (ASEAN) next year during his talks with ASEAN Secretary General Kao Kim Hourn in Seoul.
Delegates from EFTA – Iceland, Liechtenstein, Iceland, Norway and Switzerland – and Thailand convened in Oslo from June 13 to 16 2023 for the fifth round of negotiations towards a comprehensive free trade agreement.