There are around 6,000 Japanese companies that invest in Thailand, while the total value of Thai goods exported to Japan last year was recorded at 25 billion U.S. dollars, with at least 10% growth expected this year.
Trade preference, well-known Cambodia-made production and social-economic recovery have made Kingdom maintain its position as the biggest exporter of bicycles to the European Union, said senior officials.
The growth momentum of the fruit and vegetable industry is not expected to break through in 2022, if China does not remove the "Zero Covid" policy.
Sustained recovery in the global economy will continue to drive external demand for Malaysia's manufactured goods and primary commodities, MIDF Research said.
India is seeking to extend the India-Myanmar-Thailand Trilateral Highway to Cambodia, Laos, and Vietnam in order to increase regional connectivity, Vientiane Times reported.
A MALAYSIAN trade official urged the Philippines to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement, citing the benefits from improved market access.
Indonesia’s Minister of Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki has asked food retailers to join online business given that the country is expected to become the largest digital economy in Southeast Asia, reaching 4,500 trillion Rp (302 billion USD) in value by 2030.
Gu Yahong, deputy general manager of Jiangsu General Science Technology Co., Ltd., has been remotely keeping an eye on the construction of a company plant in the Chinese-invested Sihanoukville Special Economic Zone (SSEZ) in Cambodia, almost 3,000 km away from east China's Jiangsu Province.