In a significant move to bolster economic resilience and sustainability, Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Lawrence Wong, unveiled the ambitious Singapore Budget 2024 on February 16, 2024. Amidst global economic fluctuations and a pressing climate crisis, the Budget strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development, marking a pivotal step towards fortifying Singapore’s position as a competitive and green economy.
Following an expression of intent by the Indonesian government to join the Organization for Economic Cooperation and Development (OECD) through a letter from Coordinating Economic Minister Airlangga Hartarto to OECD secretary-general Mathias Cormann, as a follow-up to the directive of President Joko “Jokowi” Widodo, the OECD Council decided to open accession discussions with Indonesia on Wednesday. This decision follows an assessment by OECD members based on the evidence-based Framework for the Consideration of Prospective Members.
Ahead of Prime Minister Hun Manet’s scheduled visit to Australia next month, private sector along with relevant ministries and institutions are working on the modalities to attract investment partners from Australia and boost exports to Australia of semi-finished and processed products.
Thailand was able to maintain competitiveness in agricultural and agro-industrial product exports last year due to free trade agreements (FTAs) with partners, the Department of Trade Negotiations said on Sunday.
The economic growth rates of the six key ASEAN countries in 2023 were lower than those in 2022, but are predicted to improve this year, reported foreign media.
The city-state's reputation is on the line as it becomes a hub for dubious firms
In the coming days, the Indo-Pacific Agricultural and Agri-Food Office will be inaugurated in Manila as part of the commemoration
Cambodia has urged India to explore the possibility of building its own technology SEZ in the Kingdom.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
