Tariffs and policy barriers are limiting the entry of China-produced electric vehicles (EV) into ASEAN member-states, including the Philippines, even as the region is speeding up its transition to cleaner energy sources, according to a Chinese government official.
Cambodia has exported milled rice to Indonesia for the first time, as its first shipment of the grain arrived in Semarang city of Central Java province on November 2, Cambodian Prime Minister Samdech Thipadei Hun Manet said.
Indonesia is unlikely to achieve developed-country status by 2045 due to the less-than-optimal growth of its domestic economy.
The Government of Laos has set a target to achieve an economic growth of 4.5% in 2024, Lao Minister of Planning and Investment Khamjane Vongphosy said at the ongoing 6th ordinary session of the country’s 9th legislature.
Malaysia is scouting for foreign investors in high-value industries such as electric vehicles, semiconductors and carbon capture, its trade and investment minister said on Thursday.
Southeast Asia's internet economy is expected to grow 11 per cent year-on-year in 2023, slowing from last year's growth of 20 per cent, an annual industry report showed on Wednesday.
Vietnam has uniquely positioned itself to be among the fastest-growing economies in the coming decade, according to an article published recently on Australia-based website eastasiaforum.org.
The 2023 ASEAN-Korea Forum, themed "Elevating ASEAN-Korea Strategic Partnership in a Changing Global Landscape”, was held on October 31 in Seoul, the Republic of Korea (RoK).