The Thai economy grew at a slower pace than economists estimated in the last quarter as the fastest inflation in 14 years probably weighed on sentiment and offset gains from the return of foreign tourists.
Malaysia’s semiconductor industry, which takes up 13% of global chip assembly and testing market share, is set to benefit from the US CHIPS and Science Act.
On August 5, 2022, Chinese State Councilor and Foreign Minister Wang Yi met with Brunei’s Minister of Foreign Affairs II Dato Seri Setia Awang Haji Erywan bin Pehin Datu Pekerma Jaya Haji Mohd Yusof on the sidelines of foreign ministers’ meetings on East Asia cooperation in Cambodia.
Indonesia could become the centre of the global geothermal industry on account of its huge geothermal potential, President Director of PT Pertamina Geothermal Energy (PGE) Ahmad Yuniarto has said.
Cement producers expressed hope the Marcos administration’s policy of prioritizing local industries over imports — as what happened in sugar — would cascade to theirs and other sectors.
Investors from Thailand are mulling options to set up joint investments in Cambodia in some sectors, including processed food, agriculture, tourism, renewable energy, plastic, services, gems and jewellery.
The trade volume between Cambodia and China surged 15.6 percent year-on-year to $6.97 billion in the first seven months of this year, a General Department of Customs and Excise report said.
Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports, but a slowdown in global growth is expected to pose a risk to the outlook for the rest of 2022.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
