The Malaysian Investment Development Authority (Mida) has attracted a total of RM306.5bil in approved investments for the manufacturing, services and primary sectors last year – the highest since 2006.
While the economic fallout from the war and ensuing sanctions is hard to predict, it is likely to be significant.
After the closure of its embassy in Cambodia in 2009, Canada maintained a representative office here.
Vietnam and Singapore signed a memorandum of understanding (MoU) on economic and trade cooperation during the visit of the former’s president Nguyen Xuan Phuc to the latter late last month. The ministries of trade and industry from both sides signed the MoU. Two-way trade between both sides hit $8.3 billion last year, up by 23 per cent over the 2020 figure.
Egypt’s Minister of Military Production Mohamed Ahmed Morsi met on Wednesday with Ambassador of the Philippines in Cairo, Ezz Al-Din Tajo, to discuss ways to increase the volume of investment and trade exchange between the two countries.
On February 25, 2022, Singapore and the United Kingdom signed the UK-Singapore Digital Economy Agreement (UKSDEA), making the agreement the first digitally-focused trade deal ever signed by a European nation.
ASEAN members are working on facilitating increased trade, removing trade barriers and reducing transaction costs to deal with the COVID-19 crisis, the top official at Thailand's Department of Trade Negotiations said on March 4.
Chinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the COVID-19 pandemic, which truly reflected Chinese investors' trust in Cambodia's business environment, officials and experts said on Friday.