Even though Cambodia has attracted more European investors, the number of their investment projects in the country is still small, said Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia.
Arresting the declining trend for most of the last 18 months, the exports of garments, footwear and travel goods (GFT) rose by 22.22 percent in the first two months of this year, compared to the same period last year, earning the Kingdom $1.89 billion.
Canada has so demonstrated a greater determination than ever in advancing economic, trade and investment ties with the ASEAN region, reflected through the recent establishment of the Canada-ASEAN Inter-Parliamentary Friendship Group and the recognition of the Canada-ASEAN Business Council (CABC) as Canada’s only entity officially associated with the region.
Political analysts and professors Jay Batongbacal of the University of the Philippines College of Law (left) and Renato de Castro of the De La Salle International Studies Department, are guests at the Saturday News Forum (March 9, 2024) at Dapo Restaurant in Quezon City. They said China would be at a disadvantage if it imposes trade sanctions on the Philippines.
Cambodia and the Philippines have mutually agreed to enhance their bilateral relations and cooperation, specifically in trade, defence and airway connectivity, acknowledging the shared benefits of their collaboration.
Indonesia is starting 2024 with optimism in various sectors, including in trade, as the country’s trade balance recorded a surplus of US$2.02 billion in January 2024.
As the Indian Rupee gains traction and more countries ditch the dollar, Commerce and Industry Minister Piyush Goyal says that many developed and developing countries have shown interest in trading in the Indian currency with New Delhi to cut transaction costs.
Vietnam’s gross domestic product (GDP) size last year was estimated to stand at about US$433.3 billion, ranking fifth in Southeast Asia, according to the latest figures released by the International Monetary Fund (IMF).