Malaysia stands to gain from Indonesia’s move to impose an export ban on palm oil to tackle rising domestic cooking oil prices.
As of April 28, 2022, Indonesia has begun a complete ban on palm oil exports, a move that could threaten global food prices and place extra pressure on already steep cooking oil prices worldwide.
To understand the interrelationship between ASEAN and the Regional Comprehensive Economic Partnership (RCEP), it is useful to separate the newer, less developed members
Singapore remains fully open to trade and investments as it reopens after the Covid-19 pandemic and charts a new way forward, said Finance Minister Lawrence Wong after a 10-day work trip to the United States.
Russia’s unprecedented invasion of Ukraine is threatening Southeast Asia’s post-COVID economic recovery. Although these countries have few direct economic links to Russia or Ukraine, the conflict is causing various commodity prices — especially oil, nickel, wheat and corn — to surge.
Almost four months after the Regional Comprehensive Economic Partnership came into action, China-stationed foreign diplomats said the forms of intraregional trade will be further diversified and facilitated, enriching the Asia-Pacific region's economic vitality through inclusive and sustainable economic recovery amid the pandemic.
Indonesia has cornered a 15-percent share of tuna, skipjack, and mackerel tuna production globally to emerge as the world's largest producer of the commodities, the Ministry of Marine Affairs and Fisheries (KKP) has said.
Two-way trade turnover between Vietnam and Lao topped 403 million USD in the first quarter of this year, up 19.2 percent over the same period last year, according to the Vietnamese Trade Office in Laos.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
