Singapore and South American trade bloc Mercosur have "substantively concluded" negotiations on a free trade agreement that is expected to lower business costs, ease tariffs and facilitate new ways of doing business, such as through e-commerce.
The government of Laos is urging private companies to invest in the manufacturing of fertilizer and animal feed in response to global supply chain problems.
The Lao market remains a top destination for many Vietnamese investors as the two countries are neighbours and Laos recognises most quality certifications from exporting countries, according to Lê Thị Phương Hoa, Vietnamese Trade Counsellor in Laos.
Foreign direct investment (FDI) inflow into Malaysia is expected to increase, experts have said.
The upcoming fourth meeting of the Vietnam-Indonesia Joint Commission for Bilateral Cooperation (JCBC) is anticipated to further consolidate and create strong momentum to push the bilateral strategic partnership to new heights in line with the long-term interests of both sides.
Cambodia has long been a Chinese partner, with this accelerating over the past few years as BRI projects began to take hold as China reached out into Southeast Asia to develop both infrastructure, trade relations and upgrade local wealth.
The Monetary Authority of Singapore (MAS) has recently further tightened its monetary policy by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level to fight price pressures.
Shi Jielian, foreign trade manager of Guangxi Yongjiang Food Industry Co., Ltd., obtained the 13th certificate of origin under the Regional Comprehensive Economic Partnership (RCEP) for her company this year, as she received an electronic invoice of “approval” from Nanning Customs in south China’s Guangxi Zhuang Autonomous Region.