Chinese investment in Cambodia rose significantly in 2021 despite the pandemic’s impact, indicating the trust of investors from the former in the latter’s business environment, according to Cambodian officials and experts. Cambodia attracted fixed-asset investment of $2.32 billion from China last year, up by 67 per cent from $1.39 billion in the year before.
The Lao government is aiming for a trade surplus of at least 1.55 billion U.S. dollars in 2022, despite the country's economic difficulties triggered by the COVID-19 pandemic.
According to the environmental advocacy group Forest Trends, much more can be done to strangle the junta’s access to natural resource revenues.
For Bangkok-based exporter Peyton Enloe, getting Thai fresh fruit and vegetables onto Russian supermarket shelves has become an almost impossible task.
Bilateral trade between Cambodia and the European Union (EU) was valued at 4.5 billion euros (4.98 billion U.S. dollars) in 2021, up 4.6 percent from a year earlier, said a joint press release on Thursday.
Senior Minister and Minister for International Trade and Industry (MITI) Datuk Seri Mohamed Azmin Ali (pictured) said Malaysia aims to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by the third quarter of 2022.
Pitak Udomwichaiwat, director-general at the Department of Foreign Trade, said the value was estimated from applications by exporters seeking to exercise their rights under the RCEP agreement.
Several local governments in China have unveiled plans to implement the Regional Comprehensive Economic Partnership (RCEP), a sign that the country is taking steps to further open up its market to other Asia-Pacific member countries of the free trade pact.