Malaysian Minister of International Trade and Industry Zafrul Aziz on January 5 affirmed that the Southeast Asian nation will continue implementing contents of the CPTPP.
Considered one of the world’s largest regional free trade agreements, the Regional Comprehensive Economic Partnership (RCEP) stole the world’s attention once again as it entered into force on 1 January 2022.
The ASEAN region will remain one of the fastest-growing regions of the world in 2023 but economic growth will likely fall marginally from 2022.
The Regional Comprehensive Economic Partnership (RCEP) agreement officially took effect for Indonesia on January 2, with the country putting new regulations in place for its trade with other members of the world's largest free trade deal.
ASEAN’s once-booming and still promising tech sector is stuttering due to a sharp decline in venture capital infusions
Thanks to reduced tariffs under the Regional Comprehensive Economic Partnership (RCEP), fruits and other agricultural products from Southeast Asian countries can now reach China faster and at lower prices.
As the world grapples with the COVID-19 pandemic and other uncertainties, the implementation of the trade pact offers a timely boost to the regional and global economy.
The economies of Asean countries, including Malaysia, are showing “silver linings of resilience” with a strong consumer spending outlook amid continued economic reopening.