Indonesia can capitalize on export opportunities arising from disruptions in global supply chains as geopolitical tensions reshape international trade, Trade Minister Budi Santoso said on Thursday.
Indonesia is accelerating its "downstreaming" agenda through a new strategic partnership with India, focusing on the metals industry, semiconductor manufacturing, and AI infrastructure. The move signals a definitive shift from raw mineral exports toward the production of high-value capital goods and microchips.
Corporation -PITC signed a bilateral trade agreement to boost maize export on 26 February in Manila, the Philippines, according to the Myanmar Trade Promotion Organization.
The Philippines and the South Korea have elevated their economic and trade partnership through a series of strategic agreements, highlighting the expanding scope of cooperation between the two nations, according to the Department of Trade and Industry (DTI).
Southeast Asia — and the Philippines — stand at a commercial and climatic crossroads. Their transition to a low carbon economy is a strategic growth play. Bain & Company and partners estimate that prioritized systems solutions like grid modernization, an electric vehicle ecosystem and a sustainable bioeconomy could lift Southeast Asia’s gross domestic product by roughly $120 billion annually and create about 900,000 jobs by 2030.
Both sides agree to implement the high-level strategic orientations and agreements to enhance economic trade ties to reach the target of $20 billion soon.
Commerce Minister Suphajee Suthumpun said Thailand’s direct trade exposure to the Middle East conflict remains limited, but warned indirect fallout via freight, insurance, logistics bottlenecks and energy-price volatility could pressure exporters and inflation.
The agricultural sector has made remarkable progress, transforming from a state of food insecurity to achieving domestic food security, and now the country exports millions of tonnes annually, contributing to global food security, says minister