Southeast Asian exports got off to a strong start for the second half of the year, with economies such as Thailand and Malaysia in July logging their fastest growth in around two years, as overseas demand for electronics returns on the back of the ongoing upturn in the semiconductor cycle.
INDONESIA will seek to sign US$3.5 billion of trade and investment agreements with Africa as global trade battles spur a hunt for new markets outside Asia, according to a senior diplomat.
Malaysia and New Zealand said on Monday they plan to increase bilateral trade by 50% by 2030 and will also review an existing free trade agreement.
The e-commerce and digital trade sectors in Cambodia have witnessed remarkable growth in recent years, reflecting the country’s dynamic and resilient economy, thanks to government initiatives to promote digitalization.
Nigeria has underscored its commitment to strengthening ties with Indonesia in trade and investment to further unleash both countries’ economic potential.
India has consistently been the second-largest export destination for Indonesian vegetable oil products, buying 16 percent of the country’s total shipments last year, according to International Trade Center data, below only China’s share of 21 percent.
Indonesia's state food logistics company Bulog is conducting an in-depth study on a plan to acquire several rice producers in Cambodia to meet domestic rice demand.
Ethnic armed groups opposed to the military now control trade routes accounting for 91 percent of the country’s overland trade with China.