The Kingdom of Cambodia and the Republic of Korea will sign a draft free trade agreement (FTA) next week, as the two countries witness their bilateral trade amount on the rise.
Digital transformation and sustainability are important factors for achieving the 2025 ASEAN Economic Community (AEC) blueprint target, Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said while chairing the online 20th ASEAN Economic Community Council (AECC) on October 18.
More start-ups in South-east Asia have attained unicorn status - valuations of US$1 billion (S$1.34 billion) or more - in the past couple of years, driven by factors such as robust funding from the private equity markets and rising middle class.
Indonesian Religious Affairs Minister Yaqut Cholil Qoumas stated that halal certification has been made mandatory for medicine, cosmetics, and consumer goods products starting on October 17 as stipulated in a regulation of the government on pertaining to the implementation of halal product insurance.
Two-way trade between Vietnam and Laos surpassed US$947 million in the first nine months of 2021, up 28.2% year-on-year, according to the Vietnam Trade Office in Laos.
Thailand's e-commerce value is expected to grow 6.1 percent to 4 trillion THB (120 billion USD) this year, crucially driven by businesses that are sharpening their focus on the business-to-customer (B2C) model in the wake of the pandemic, according to the Electronic Transactions Development Agency (ETDA).
Cambodia's exports to Vietnam nearly quadrupled to $3.7 billion in the first nine months of this year, according to statistics from the General Department of Vietnam Customs.
The China-Laos railway could be a game changer for the development of Laos but the government must have a clear plan on how to maximize the advantages offered by the railway, a businesswoman has said.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
