Indonesian Minister of Industry Agus Gumiwang Kartasasmita announced that three global electric vehicle (EV) manufacturers - France’s Citroen and China’s BYD and AION - have committed to establishing EV manufacturing plants in the Southeast Asian nation.
Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly 98 billion USD between January and November, matching the 2023 total trade volume.
Bilateral trade volume between Cambodia and South Korea reached $762 million in 2024, an increase of 11.49 percent compared to the previous year, according to a report from the Ministry of Commerce (MoC), released yesterday.
Turkmenistan and Malaysia are poised to strengthen bilateral economic cooperation, focusing on energy, trade, and innovation, said Turkmenistan President Serdar Berdimuhamedow on Thursday.
The National Economic and Development Authority (Neda) Board greenlit the issuance of an executive order that would fulfill the Philippines’ commitments under its free trade agreement (FTA) with South Korea, putting the implementation of the deal on track despite the ongoing political turmoil in Seoul.
With an upbeat export growth projection of about 5% this year, Thailand's Ministry of Commerce and its private sector are optimistic for a further 2-3% growth in 2025, bringing total export value to about 305 billion USD.
Thailand has maintained its position as Vietnam’s largest trading partner in ASEAN due to burgeoning trade, economic and investment activities between the two countries in recent times.
Trade between Cambodia and Vietnam reached $7.08 billion in the January to November period of the year, a rise of 20.6 percent, even as the neighbouring country consolidated its position as the second-biggest export market of the Kingdom, next only to the United States.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
