The Indo-Pacific region offers enormous economic opportunities, both at the product and factor markets—as the region approximately comprises of as many as 38 countries, accommodating 65 percent or 4.3 billion of the world population, and accounts for 63 percent of the world GDP. In fact, above 50 percent of the world’s maritime trade occurs in this region. One of the major developments in the Indo-Pacific has been an increased vigour in intra-region partnerships within countries in the Indo-Pacific, and also with extra-regional actors to offset the intensifying presence of China.
Singapore's economy will grow by 4 percent next year, likely be driven by improvements in the construction sector as well as manufacturing and finance, according to a survey of professional forecasters.
The Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) will facilitate products of Indonesia to enter the market of the Republic of Korea (RoK), Indonesian Deputy Minister of Trade Jerry Sambuaga said on December 8.
Tapping into Investment Opportunities in Digital Economy between ASEAN and Dubai
Thai Ambassador to Bangladesh Makawadee Sumitmor has said a bilateral free trade agreement (FTA) with Bangladesh is under consideration while more cost-effective sea transport routes between the Andaman coast of Thailand and the Bay of Bengal are being explored.
At the onset of the Covid-19 pandemic, closed borders fuelled fears of a food shortage that sparked panic-buying at supermarkets in Singapore and around the world. The disruption to food supply chains also caused worry about runaway food prices due to inflation.
The first-ever Global Business Forum (GBF) ASEAN, a dedicated conference that focuses on trade and commerce between Dubai and the Association of Southeast Asian Nations (ASEAN), begins tomorrow (December 8) in Dubai, UAE.
A draft law regarding the approval of the latest version of the ASEAN Protocol on Enhanced Dispute Settlement Mechanism, which sailed through the Senate on December 2, will further spur investment and international trade in Cambodia and the region, experts claim.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
