Philippine customs snarls causing import delays that can last a year are giving retailers headaches, even as the government hopes to attract more foreign companies by amending laws protecting domestic industries.
In a move towards strengthening economic integration, the Reserve Bank of India (RBI) and Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on Thursday, to establish a framework promoting the use of local currencies for cross-border transactions.
Australia on March 5 announced its plan to increase investment in the Association of Southeast Asian Nations (ASSEAN).
Government officials have a load of work ahead of them to update the Australia-Singapore Comprehensive Strategic Partnership (CSP) within the next year.
Australia leverages its longstanding ties with ASEAN to bolster economic security and growth, diversifying trade partnerships amidst geopolitical challenges.
Cambodia has encouraged Australian business and investor community to further increase business and investment activities in high-value-added sectors such as agriculture and agro-processing, logistics, e-commerce, and digital technology, considered as priority sectors for economic development of the Royal Government of Cambodia.
Indonesia's Trade Ministry is convinced that the country's foreign trade will surpass that of Vietnam after the completion of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).
Indonesian President Joko Widodo and Cambodian Prime Minister Hun Manet discussed bilateral efforts to increase trade and investment cooperation, on the sidelines of the ASEAN-Australia Special Summit in Melbourne on March 4.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
