The COVID-19 pandemic posed a tremendous economic challenge, especially for emerging economies such as Indonesia. But it also marked a watershed moment for the country’s economic reform efforts. The crisis enabled Indonesia to reduce its reliance on volatile foreign capital inflows and rethink its growth pathway.
Currently, the Regional Comprehensive Economic Partnership (RCEP) is the world’s largest free trade agreement (FTA) outside of the World Trade Organization (WTO).
Malaysian durian expert Lim Chin Khee visits China every two months to help farmers grow the pungent tropical fruit.
The government on Friday approved the draft law on rules of origin, aiming to help promote and facilitate trade that benefits from trade preferences and non-systemic practices. It will also help prevent counterfeiting.
The much-anticipated new direct route between Jakarta, Indonesia and Kuching will greatly benefit both the business community and leisure travellers alike, said Senator Jaziri Alkaf Abdillah Suffian.
Vietnamese Ambassador to Thailand Phan Chi Thanh held a working session with Governor of Thailand’s Nakhon Phanom province Wanchai Janporn on May 19 to discuss measures to promote cooperation between their localities in the fields of investment, trade, economy, tourism, culture, and people-to-people exchange.
Senior officials of the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (RoK) reaffirmed the two sides' commitment to further strengthen strategic partnership and deepen cooperation at the 27th ASEAN-RoK Dialogue held on May 16.
ASEAN and the US reaffirmed their commitment to making their comprehensive strategic partnership meaningful, substantive, and mutually beneficial, at the 14th Meeting of the ASEAN-US Joint Cooperation Committee in Jakarta on May 17.