Indonesia has set its sights on a momentous goal – achieving Indonesia Emas (Golden Indonesia) by 2045, the year which marks Indonesia’s centenary as an independent nation. A pivotal pillar of this vision, articulated by the Indonesian government, is sustainable economic development, encompassing strategies to boost investment into growth sectors and facilitating trade, services.
Malaysia has shown interest in importing Cambodia’s fisheries products, following their recent purchases of Cambodian milled rice.
CHINA’S ECONOMIC SLOWDOWN will likely dampen Philippine exports and potentially lead to lower investments, according to experts.
The Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect last year, has given an extra boost to trade exchanges in the region, a Cambodian senior official and experts said on Saturday.
The Commerce Ministry of Thailand has set a target of raising cross-border trade value to 1.2 trillion THB (32.3 billion USD) in 2024, marking a 20% increase from this year’s estimated 1 trillion THB
In the wake of the U.S.-China trade conflict and the COVID-19 pandemic, there has been a notable shift in rhetoric toward supply chain independence and security.
Domestic demand remains a key driver while global technology cycle set to recover
The intensifying global race for semiconductor dominance, driven by the ongoing tech rivalry between the United States and China, is reshaping global supply chains and economic dynamics. This race has significant implications for several ASEAN countries, including Malaysia, the Philippines, Singapore, Thailand, and Vietnam, strategically positioning themselves in the complex semiconductor competition.