The Philippines ratified the Second Protocol of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) to boost trade and investment opportunities and modernize the agreement to enhance market access and promote sustainable development, aligning with the country’s vision for economic collaboration within ASEAN.
“Now almost everything I make in a day goes towards paying the interest on my debt.”
The authorities of Indonesia's Batam Island officially started on March 31 the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost trade between the two countries.
Despite its immense potential, Malaysia has underachieved, said the World Bank chief economist of the East Asia and Pacific region Aaditya Mattoo.
The Royal Government of Cambodia (RGC) is ready to coordinate the Cambodia-US dialogues partnership aimed at addressing the challenges raised by the American investors in the Kingdom, said Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC).
Economic managers are lowering their growth goals for the Philippines in 2024.
Cambodia and Saudi Arabia are as the new oasis of opportunities for Thai small and medium-sized enterprises (SMEs) to expand trade partners, thanks to the robust economic growth and surge in investment projects, according to state agencies.
In the context of global trade marked by various shades of gray due to political conflicts and numerous other challenges, the Southeast Asian region continues to be a promising destination for foreign investors.