The Thai Cabinet has approved a set of new tax measures that include special corporate tax exemption for eligible firms, individual income tax deductions, and those to promote climate actions.
The economic component of Cambodia’s ASEAN chairmanship in 2022 was less visible against the background of US–China tensions and the Ukraine and Myanmar crises. But promoting prosperity, deepening economic integration and bridging the region’s development gaps remain key ASEAN goals.
Indonesia plans to restrict online retailers, especially e-commerce, from entering the country, according to Indonesian Minister Cooperatives and SMEs Teten Masduki.
Vietnam and Indonesia have reached an agreement on the boundaries of their exclusive economic zones (EEZs), paving the way for greater collaboration between ASEAN states on overlapping territorial claims.
Paddy is a traditional food crop in Southeast Asia, and except for Singapore, the economies of Southeast Asian countries were originally based on agricultural production, and the state of agriculture is related to economic development and social stability.
The Philippines hopes to form bilateral free trade agreements (FTAs) with Latin American countries such as Mexico and Chile, according to Trade Secretary Alfredo Pascual.
The third round of the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) will be held in the UAE next year.
The Regional Comprehensive Economic Partnership (RCEP), the world's biggest free trade deal, is all about "win-win" cooperation and is "not a zero-sum game," a Cambodian government official has said.