News

Cambodia and Thailand trade prevails despite barriers

08 tháng 11. 2021

In September alone, bilateral trade volume hit $732 million, expanding by 48 per cent year-on-year from $495 million.

Cambodia develop strategy to take advantage of free trade agreement with China, Korea

08 tháng 11. 2021

The Ministry of Commerce has set up a working group to study and collect input from stakeholders and the private sector to develop strategies to maximize the implementation of the Free Trade Agreement, of which Cambodia is a signatory. This was said by Pan Sorasak, Minister of Commerce.

Malaysia’s logistics lags on policy

08 tháng 11. 2021

There is no doubt that the logistics industry has played a significant role in increasing the country’s economic development.

Malaysia's Glove hit with U.S. import ban over labor issues

08 tháng 11. 2021

American customs authorities have blocked imports of disposable gloves made by Malaysia's Smart Glove in their latest action against the Southeast Asian nation's glove business over alleged worker abuses.

Philippines retains preferential tariff status under EAEU

08 tháng 11. 2021

The Philippines continues to enjoy lower tariffs when exporting certain products to member states of the Eurasian Economic Union (EAEU).

World’s largest trade deal RCEP to enter into force on Jan. 1, 2022

06 tháng 11. 2021

The Association of Southeast Asian Nations (ASEAN) Secretariat has announced that the Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest trade deal so far, will enter into force on Jan. 1, 2022.

Indonesia, Malaysia Ink Trade Deals

06 tháng 11. 2021

The Trade Ministry facilitated the inking of 18 memoranda of understanding (MoUs) and Single Purchasing Statements (SPS) totaling US$87.89 million between Indonesian business actors and trading partners in Malaysia.

Indonesia’s digital economy commitments in EU and RCEP trade agreements

06 tháng 11. 2021

In recent years, Free Trade Agreements (FTAs) have started to include rules for the digital economy as a result of pressure from Big Tech. These trade measures are potentially damaging to a country’s possibilities of digital industrialisation, permanently locking in advantages for the richest nations. This summary analyses the most important points being negotiated by Indonesia with the European Union and RCEP.