The Philippine Economic Zone Authority (PEZA) expressed optimism on a trade and investment mission arriving from the United States next month.
Held in Kuala Lumpur, Malaysia, and presided over by the Cambodian Premier yesterday, the eagerly-awaited Cambodia-Malaysia Business Forum 2024 (CMBF), has proven itself to be a historic event in the two Southeast Asian countries’ bilateral ties by bringing their businesspeople closer with insights and mutual understanding, thus expanding space for further economic cooperation and partnerships.
Cambodia-United Arab Emirates (UAE) Business Forum was held on Feb. 27 in Dubai, giving floor to showcase potential investment opportunities awaiting UAE investors to explore.
(KPL/VNA) The Vietnam - Laos trade turnover in January increased by 75.8% over the same period in 2023, reaching 174.4 million USD.
In 2023, ASEAN trade revealed three key patterns — fewer intra-regional transactions and more dependence on external partners, particularly China, a continuance of the 'spaghetti bowl phenomenon' characterised by numerous trade agreements and emerging trends in protectionism and resource nationalism. As ASEAN member states adapt to a fast-paced global market, balancing protectionist strategies with further liberalisation, these trading trends are expected to persist into 2024 and beyond.
The leaders of Laos, Vietnam and Cambodia – three former French colonies in the Indochina region – are making a big push to encourage more international tourists to visit their three countries in a single trip.
In a significant move to bolster economic resilience and sustainability, Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, unveiled the ambitious Singapore Budget 2024 on February 16, 2024. Amidst global economic fluctuations and a pressing climate crisis, the Budget strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development, marking a pivotal step towards fortifying Singapore’s position as a competitive and green economy.
Following an expression of intent by the Indonesian government to join the Organization for Economic Cooperation and Development (OECD) through a letter from Coordinating Economic Minister Airlangga Hartarto to OECD secretary-general Mathias Cormann, as a follow-up to the directive of President Joko “Jokowi” Widodo, the OECD Council decided to open accession discussions with Indonesia on Wednesday. This decision follows an assessment by OECD members based on the evidence-based Framework for the Consideration of Prospective Members.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
