Indonesia will need 25.2 billion USD in investment from the private sector for green hydrogen development for the 2031-2060 period, according to the country's Ministry of Investment.
The Indonesia e-commerce market is expected to grow from $52.93 billion in 2023 to $86.81 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.4 percent during 2023-2028.
Understanding Thailand’s approach to evolving international orders requires examining its decisions. These decisions by recent and current governments offer a clear view of the country’s diplomatic trajectory in an increasingly uncertain world. The global power landscape is in constant flux, shaped by various geopolitical and geo-economic forces. With the ongoing Ukraine-Russia conflict and the Gaza-Israel crisis, the Indo-Pacific is poised to become a potential battleground for great powers vying for extending influence.
Increasing economic policy uncertainty — spurred by strategic alliances such as the Indo-Pacific Economic Framework — is reducing investment through global value chains and impacting businesses across Southeast Asia. To contend with upcoming shifts in global value chains and related activities, ASEAN and RCEP should work to enhance regional economic cooperation, support the structural transformation of firms into digital and green technologies, improve skills development, and offer more social and economic protection for vulnerable groups.
Malaysia needs to continue playing its role as a ‘neutral’ country with a strong ecosystem in the technology sector to ensure the country remains an investment destination.
The total import-export turnover of goods between China and ASEAN in the first 7 months of 2024 will reach more than 3.920 billion yuan, equivalent to more than 546 billion USD, an increase of 10,5% over the same period last year.
Officials made the pledge at the opening ceremony of the ASEAN-China Week 2024 held in Changzhi, a city in North China's Shanxi province, vowing to build a closer community with a shared future for China and ASEAN.
The Ministry of Industry and Trade has urged Vietnamese firms to regularly update and strictly comply with food safety regulations when exporting to Singapore.