The Philippines may extend reduced import tariffs on rice and other commodities beyond 2023 to ease pressure on inflation, which remained above target last month, officials said.
In the midst of a global environment covered by the "dark clouds" of war, economic crisis, and natural calamities, ASEAN remains the world's "bright spot" in 2023.
Foreign minister AK Abdul Momen on Tuesday said that the collective market of ASEAN held significant promise for Bangladesh’s economic growth.
Chair of the ASEAN Business Advisory Council (ASEAN-BAC), Arsjad Rasjid, has said that he is hoping to expand the quick response (QR) code digital payment service not only within ASEAN, but also to Indo-Pacific countries.
Thailand's annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said on Monday it projected smaller consumer price rises for the rest of the year.
Indonesian President Joko Widodo said the two countries' strategic partnership had not only brought benefits to the two countries but also contributed to peace, stability and prosperity in the region.
Negotiations for the third iteration of the China–ASEAN Free Trade Agreement continued beyond June 2023. Of the three issues highlighted by Chinese Deputy Commerce Minister Wang Shouwen, green economy and supply chain management are of compelling importance. They offer major opportunities for liberalising trade in environmental goods and services and in further strengthening ASEAN’s vital linkages in its value chain with China.
The 9th annual EU-ASEAN Business Sentiment Survey (BSS) revealed a positive outlook for European businesses in Southeast Asia (SEA), underscoring growing importance of ASEAN-European Union (EU) relations.