Cambodia and East Timor jointly held a business forum on tourism and trade for peace and sustainable development.
Asian economies are well-equipped to withstand economic headwinds next year, the U.S. Treasury said following the conclusion of the APEC Finance Ministers’ Meeting in Thailand last week.
A Cambodian business delegation is flying back home on Sunday after completing first trade mission in Indonesia under the aegis of Cambodia’s MoC and the Embassy of the Republic of Indonesia in Phnom Penh.
Indonesia, the world's biggest exporter of refined tin, is planning to ban exports of the metal to attract investment in processing it domestically, although the government said the timing had yet to be decided.
The trade volume of Asean is $3 trillion now and this would double in the next two decades. With a young population, there is also a demographic dividend to be harvested.
The ominous clouds of global economic recession are getting thicker and deeper. Amid all that gloom, Asian economies, particularly Southeast Asia, remain a bright spot with hope and humour for the next year.
Vietnam and Malaysia will officially soon have an additional feasible driver for expanding their trade and investment ties – both of which are now on the rise.
Malaysia’s exports and imports for 2022 are expected to increase 26% and 30.5% respectively, according to forecasts by MIDF Research.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
