Malaysia has proposed three key strategies to strengthen the economic resilience of the Association of Southeast Asian Nations (ASEAN) amid slowing global growth, rising geopolitical tensions, and increasing economic fragmentation.
Malaysia's Plantation and Commodities Minister, Datuk Seri Johari Abdul Ghani, stated that India's increase in palm oil import duties is a temporary issue. Despite the changes, Malaysia continues to maintain a strong trade relationship with India, emphasizing sustainable palm oil supply, and advocating for fair global trade practices.
President Yoon Suk Yeol and Singaporean Prime Minister Lawrence Wong held summit talks Tuesday and agreed to strengthen cooperation in various sectors across supply chains, energy, bio and advanced technology.
The Department of Trade and Industry (DTI) is optimistic that the Philippines-South Korea free trade agreement (FTA) will save the country’s banana exports to South Korea, which is currently losing its market to Vietnam and other Latin American countries.
The Vietnam-Cambodia-Laos Business Forum was held in Ho Chi Minh City on October 6 to promote trade connections among businesses of the three countries.
China and Thailand maintain strong trade ties, with 2023 bilateral trade reaching $126.3 billion. China is Thailand’s largest trading partner and foreign investor, especially in electric vehicles and manufacturing.
Energy Secretary Raphael P.M. Lotilla has welcomed the Coalition for Emerging Market Infrastructure Investment’s (CEMII) announcement, marking the Philippines as its inaugural focus for infrastructure investments under the Indo-Pacific Economic Framework (IPEF).
The Philippines is seeking enhanced cooperation and investment opportunities with Germany in a bid to boost the local economy.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
