ASEAN has sufficient resources to become a centre of world economic growth with a GDP reaching USD 3.36 trillion in 2021 and a population of 650 million people, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto said on March 15.
Only 11% of Malaysian manufacturers are utilising both the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreements, according to a recent survey of the Federation of Malaysian Manufacturers (FMM).
Cambodia and the United Arab Emirates yesterday announced the conclusion of talks on their Comprehensive Economic Partnership Agreement (CEPA) after three rounds of successful negotiations that started last December.
The US remained the biggest market for Cambodia with a share of 34.4 percent even though the Kingdom’s exports to the country decreased by 20.2 percent to reach $1.12 billion in the first two months of the year compared to the same period in 2022, showed the latest trade data of the General Department of Customs and Excise (GDCE).
China's inland cities will increase their use of the country's railroad links to seaports in order to boost exports to other signatory economies of the RCEP agreement, which will help sustain the country's foreign trade growth this year, said government officials and market observers.
Dubbed ‘The Year of Solidarity and Friendship’ between Vietnam and Laos, 2022 was a profitable year in terms of trade for both Vietnam and Laos. Here’s what trade between those two countries looked like at the end of last year.
More and more Indonesian businesses look to expand investment in Vietnam and vice versa, and the Indonesian side wishes to further promote these activities, Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) Arsjad Rasjid has said.
Britain’s move to cut duties as it seeks entry to CPTPP trade deal sparks concern among green groups