Cambodia and Hungary wrapped up a second round of discussion on drafting for economic cooperation, pledging, a remarkable move forward to boosting bilateral trade and investment between the two countries.
Chinese firm Shenzhen Power Solution has expressed interest in investing in the manufacturing of solar-powered appliances in Cambodia.
Singapore’s non-oil domestic exports (NODX) shrank 1.5% year on year in December 2023 after logging a 1% increase in the previous month, driven by continued weakness in shipment of electronics and slower growth in pharmaceuticals, Enterprise Singapore (EnterpriseSG) reported on January 17.
The southern Malaysian state of Johor may emerge as Southeast Asia's version of Shenzhen, experts say, with the Johor-Singapore Special Economic Zone, or JS-SEZ, expected to boost investments and partnerships between Singapore and Malaysia.
Vietnam serves as chair of the sessions on food safety and sanitary and phytosanitary measures during this time’s negotiations on the upgrade of the ASEAN - China Free Trade Area (ACFTA), expected to further facilitate Vietnam and the Association of Southeast Asian Nations (ASEAN)’s exports to China.
Representatives from about 50 Vietnamese enterprises and Khmer businesses of Vietnamese-origin gathered in Phnom Penh on January 16 to share their experience in operating and investing in Cambodia and foster their connections.
Malaysia's GDP is expected to expand by over 4 percent this year, driven mainly by trade and investments. Southeast Asia's third-biggest economy is also focusing on low carbon technology and extending targeted subsidies to promote sustainable and inclusive development.
Ahead of the planned visit by Prime Minister Hun Manet to Vientiane in the near future, both Cambodia and Laos held talks to cooperate in the energy sector. As part of efforts to meet the growing demand for energy, Cambodia imports around 25 percent of its power requirement from Laos, Vietnam and Thailand. Currently, the Kingdom imports 445 MW from Laos, and the power trade is expected to reach 6,000 MW by 2030