Sri Lanka plans to conclude free trade agreement (FTA) talks with Thailand in December and sign a deal on Feb. 3, Sri Lanka's cabinet spokesperson said on Tuesday.
US President Joe Biden’s Indo-Pacific Economic Framework for Prosperity (IPEF) is the economic arm of his Indo-Pacific strategy, a regional initiative to mobilise India, Oceania and East Asia in the new US Cold War against China. While it has been touted with much fanfare by his White House, it currently offers few substantial benefits, making it a poor offer to developing countries.
Malaysia's aerospace industry is on track to meet its revenuetarget of 18 billion RM (about 3.84 billion USD) this year, with the industry expected to grow even faster next year as its product portfolio for the global aerospace supply chain expands.
Indonesian rice farmer Mudzakir expects to lose several tonnes of grain when he harvests later this year, as stems wither across his hardened fields in East Java.
Governor of the Bank Negara Malaysia (BNM) Abdul Rasheed Ghaffour has expressed belief that the Malaysian economy will expand by 4% this year and 4-5% next year, after reviewing the strong indicators of the economy.
Speaking after the APEC meetings, Prime Minister Lee Hsien Loong also says he hopes for progress in an Indo-Pacific trade deal which has been stalled by US politics.
Vietnam will play a more active role in cooperation between the Association of Southeast Asian Nations (ASEAN) and the US, especially within the framework of the ASEAN Defence Ministers' Meeting Plus (ADMM+), Minister of National Defence General Phan Van Giang affirmed on November 15.
Australia’s government launched its latest Digital Economy Strategy in October with a focus on leveraging digital technologies to boost economic growth and create jobs.