The Philippines is targeting to have more free trade agreements (FTAs) with various countries as the country continues to work on potential agreements.
Thailand has successfully registered geographical indication (GI) for Thung Kula Rong Hai hom mali rice and Sangyod Muang Phatthalung rice in Indonesia.
Singapore and the United Kingdom recently came to an agreement to deepen bilateral cooperation on fintech and sustainable finance in a move to modernize the regulation of finance for the digital age.
France will encourage companies to diversify their operating hubs to locations in Southeast Asia and elsewhere in a bid to lower the supply chain's exposure to China.
South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts and steel.
Malaysia benefits from the CPTPP with better market access for its exports.
The President office of the Philippines recently announced that the country will reduce tariff rates on imported electric vehicles (EV), parts, and components.
Myanmar’s economy remains subject to significant uncertainty, with ongoing conflict disrupting business operations, a World Bank report released today says.