Thailand’s economy is gaining momentum, driven by resilient private demand, continued recovery in tourism, and higher government disbursement. Growth is expected to strengthen to 2.8 percent in 2024 and to 3.4 percent in 2025. However, the economy is at risk of continued growth underperformance unless major structural initiatives and reforms are undertaken.
China-ASEAN trade and investment has surged over the last two decades, making ASEAN China’s largest trading partner. This growth, supported by trade agreements like the ASEAN-China Free Trade Area and RCEP, has deepened economic ties, boosted investments, and expanded cooperation across sectors such as manufacturing, green energy, and consumer electronics. We look at the latest bilateral trade and investment data to understand how this relationship has evolved.
The Thai government is accelerating negotiations for the BIMSTEC Free Trade Agreement (FTA) to secure one of the world's largest free trade agreements.
Indonesia aims to reach business deals worth 56.7 trillion IDR (3.5 billion USD) between various industries of Indonesia and African countries through the second Indonesia-Africa Forum (IAF) slated for September.
Indonesia and Japan signed amendments to the Indonesia-Japan Economic Partnership Agreement (IJEPA) during a video conference on Thursday.
China will support Cambodia in pursuing its own development path and will work to expand the market for Cambodian goods, thereby boosting exports to the Chinese market, according to Chinese ambassador to Cambodia Wang Wenbin.
Thai Prime Minister Srettha Thavisin has asked relevant agencies to pursue friendly international trade and investment policies in a bid to boost border and cross-border trade between Thailand and neighbouring countries.
Minister of Finance Ho Duc Phoc has led a delegation of the ministry and Vietnamese enterprises on a two-day working trip to Singapore starting August 5, aiming to step up bilateral cooperation in potential fields.