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.
Malaysia and Thailand are committed to strengthening their cooperation with regard to trade, investment and tourism to spur post-Covid-19 economic recovery in both countries, amidst the ongoing Russia-Ukraine conflict and global inflationary pressures.
Malaysia’s trade momentum is expected to be robust with economists projecting exports growth at 9.2% to 10% this year.
The Department of Trade and Industry and several stakeholders again called for the ratification of the Regional Economic Cooperation Partnership (RCEP) saying the free trade deal will help the Philippine economy.
Vietnam can become the second largest digital economy in Southeast Asia in 2025, while the country’s e-commerce market will draw more large-scale businesses, forecast experts at an online seminar in Ho Chi Minh City on April 20.
Two new agreements signed between Singapore and New Zealand on Wednesday (April 20) will see both countries work together closely to accelerate the innovation of trade, food and technology.