Cambodia has approved a new Rules of Origin (ROO) law, which is to be in line with the standards set by the World Trade Organization (WTO).
Malaysia will build Asean’s largest integrated solar photovoltaic (PV) plant, according to the National Energy Transition Roadmap (NETR) launched on Thursday (July 27), and the country will also introduce a mechanism that allows households to earn income by leasing out rooftops for solar panel installations.
An Asean QR code, providing a common platform for the digital payment services of all countries in the region, is likely to be a reality by this September, as the efforts for the integration of the services gathered momentum in the past couple of months.
Kazakhstan and Indonesia have set an ambitious goal of bringing their mutual trade turnover to US$1 billion. According to Kazakhstan’s Ministry of Trade and Integration, this was the immediate trade goals aimed for during the second round of negotiations for the Free Trade Agreement (FTA) between the Eurasian Economic Union (EAEU) and Indonesia. The EAEU includes Kazakhstan along with Armenia, Belarus, Kyrgyzstan, and Russia.
As one of the countries with the largest populations in the world, Indonesia has reached a significant milestone in the history of global financial technology. Indonesia has 17,4 Million Crypto investors by May 2023.
Vietnam remains Cambodia’s chief trading partner in ASEAN, accounting for nearly half of Cambodia’s goods trade with its fellow bloc members in the first six months of this year.
Alternate chair of the ASEAN-Business Advisory Council (ASEAN-BAC), Bernardino “Dino” Vega, has asserted that businesses from ASEAN member countries and Canada are continuously making strides to strengthen economic, trade and investment cooperation.
Hong Kong Special Administrative Region (HKSAR) Chief Executive John Lee Ka-chiu started his visit to Singapore, Indonesia and Malaysia on Sunday, seeking more cooperation opportunities with these three ASEAN members while winning their support for Hong Kong's accession to the Regional Comprehensive Economic Partnership (RCEP).