Their report emphasises that ASEAN is at risk of losing over 35% of its GDP by 2050 from climate change and natural hazards, severely impacting key sectors such as agriculture, tourism, and fishing, along with human health and labour productivity.
ASEAN Secretary General Dato Lim Jock Hoi has hailed regional member states for approving the Regional Comprehensive Economic Partnership (RCEP), saying that the implementation of the agreement will provide a tremendous boost to post-COVID-19 economic recovery efforts.
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.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, met with Indonesian President Joko Widodo on Thursday.
Asia’s manufacturing activity grew in October as emerging economies saw Covid-19 infections subside, but rising input costs, material shortages and slowing Chinese growth cloud the outlook, business surveys showed on Monday.
The Cambodian government is working to transform Sihanoukville province, also known as Preah Sihanouk province, into a multi-purpose special economic zone (SEZ) after the province received the designation earlier this year.
Factories have reopened and production is steadily picking up in major manufacturing centres of Southeast Asia as COVID-19 cases have dropped in recent weeks, easing some of the supply chain constraints that companies blame for lost sales, reported the US’s Wall Street Journal (WSJ).
Hainan Province can achieve a breakthrough in the implementation of important economic projects with the involvement of government agencies and companies of the Association of Southeast Asian Nations (ASEAN) during the 14th Five-Year Plan (2021-2025), TASS Correspondent Nikolay Selishchev, Chi Fulin, director of the China Institute of Reform and Development (Hainan) told TASS on Monday.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
