Thailand’s economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand (BoT).
Acting Head of State Hun Sen Tuesday expressed satisfaction with the growing trade volume between Cambodia and Thailand.
The Cyber Security Act 2024, officially gazetted on June 26, 2024, by the Attorney General’s Chambers, marks a significant advancement in Malaysia’s efforts to fortify its digital defenses. This legislation represents a comprehensive legal framework designed to safeguard the nation’s critical information infrastructure (CII) against an increasingly complex landscape of cyber threats.
Indonesia's recent measures to limit imports, including shifting inspections to border checkpoints and proposing substantial Chinese goods tariff hikes have introduced unpredictability and caused logistical problems, aiming to protect micro, small and medium enterprises and address declining industrial value. While protectionist actions could benefit struggling sectors, there are concerns that this approach could strain trade relations, violate international agreements, create domestic disputes and potentially harm domestic industries, suggesting instead that collaboration with China and caution in policy formulation would better maintain a favourable business climate and attract investment.
Indonesia’s plan to attract high-net-worth individuals through family offices, aiming to capture at least 5 per cent of the US$11.7 trillion global market, has sparked interest but also raised concerns. In the wake of major money laundering scandals involving family offices in Singapore, Indonesia must address potential pitfalls by implementing a robust regulatory framework. This includes tackling cybersecurity threats, wealth inequality and corruption. Balancing these issues will be crucial for converting ambition into sustainable and inclusive economic growth.
The second “Meet Thailand” conference was opened in the northern province of Lao Cai on August 28-29 in celebration of the 48th anniversary of diplomatic relations (1976-2024) and the 11 years of bilateral strategic partnership (2013-2024).
The Petrovietnam Technical Services Corporation (PTSC) and its Singaporean partner Sembcorp Utilities Pte Ltd held in Singapore on August 28 a ceremony of the hand-over of contract packages on wind and hydrological measurements and geological surveys under the project on exporting offshore renewable energy from Vietnam to Singapore.
The Indonesian Government is aiming to expand exports to the Republic of Korea (RoK) through the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA), which has been in effect for the past year.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
