There has been a lot of discussion about the rise or fall of China-US trade, but less attention has been paid to another important participant in global industry chains - Southeast Asia. A Bloomberg article said Monday that for the first time, China exported more to Southeast Asia in 2023 than to the US. If Bloomberg's report is true, the news can be seen as a new milestone for the realignment of global trade.
AS the relentless pace of technological advancement continues on, digital transformation becomes eminent across all industries.
Promoting economic development between the Kingdom and French-speaking countries took centre stage on Monday as six memoranda of understanding (MoUs) were signed between Cambodia business organisations and French international firms aiming to further boost the economic ties with Francophonie member countries.
SINGAPORE’S non-oil domestic exports (NODX) shrank 1.5 per cent year on year (yoy) in December, following a continued decline in electronics exports, data from Enterprise Singapore (EnterpriseSG) showed on Wednesday (Jan 17).
At the dialogue, President Widodo suggested the two countries step up dialogues and high-quality cooperation to realise their common vision of becoming high-income nations by 2045.
Indonesia is offering resume direct exports of lobster larvae to Vietnam in exchange for investment in lobster farming and easing up on Vietnamese boats fishing illegally in its waters.
Vietnam and Indonesia will strive to elevate their bilateral trade turnover to US$15 billion or beyond in the time ahead through reducing trade barriers and facilitating import and export of each other's key products, including rice trade.
The Indonesian Ministry of Maritime Affairs and Fisheries (KKP) has completed an agreement to reduce export tariff posts, from 9.6 percent to zero percent for four processed tuna commodities to Japan.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
