Malaysia’s palm oil producers may struggle to book healthy profits over the coming months as a double blow of tax cuts for competing producers in Indonesia and a hike in import levies by key market India is set to squeeze down prices of the commodity.
A Thailand-Australia Strategic Economic Dialogue took place in Bangkok on September 23, during which the two sides discussed in-depth investment and trade opportunities.
Vietnamese enterprises have signed three memoranda of understanding (MoU) with Malaysian exporters and distributors on cooperation in the Halal industry at the 20th Malaysia International Halal Showcase (MIHAS).
Vietnam’s rice is in high demand in Southeast Asian markets as exporters have signed major contracts.
The country's trade volume with fellow RCEP members accounted for 62 percent of its 36.94-billion-dollar total trade volume during the January-August period this year, the report said.
The Association of Southeast Asian Nations (ASEAN) and China, as strategic partners, maintain a long-standing economic relationship marked by strong integration in trade and investment, said Lao Minister of Industry and Commerce Malaithong Kommasith at the 23rd ASEAN Economic Ministers - China Ministry of Commerce Consultation (AEM-MOFCOM) on September 22 in Vientiane, Laos.
Singapore has a role to play in helping South-East Asia’s poorer economies improve their participation in regional trade and is leading negotiations in two key agreements that will enhance trade in the digital realm.
Two-way trade turnover between Vietnam and Singapore in August alone continued to enjoy positive growth, enabling eight-month export earnings of Vietnam to the city island nation to achieve remarkable growth of 31.1% over the same period from last year, according to the Vietnam Trade Office in Singapore.