Bank Indonesia (BI) and the Reserve Bank of Australia (RBA) have agreed to renew their Bilateral Local Currency Swap Arrangement (BCSA).
Malaysia’s foreign trade turnover hit 203.05 billion RM (48.6 billion USD) in the first month of 2022, up 24.8 percent year on year, according to the Ministry of International Trade and Industry.
The Singapore economy grew by 7.6 percent in 2021, compared to a previous estimate of 7.2 percent, the Ministry of Trade and Industry (MTI) has said, while the growth forecast for this year has been maintained at 3-5 percent.
The Philippines has followed New Zealand’s decision to reject the inclusion of Myanmar in the world’s largest free trade pact as international opposition to the military takeover that sparked violence and democratic setbacks in the Southeast Asian nation broadened into trade and diplomatic sanctions.
Association of Southeast Asian Nations (Asean) member states and its dialogue partners signed the Regional Comprehensive Economic Partnership (RCEP) agreement that is considered as the largest free trade deal in the world.
The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, will finally be effective for Malaysia on March 18.
The seventh ASEAN Economic Community (AEC) Dialogue took place online on February 17 to discuss the findings and recommendations in the ASEAN Business Sentiment Study 2020/2021, which gauged ongoing sentiment of the ASEAN indigenous enterprises towards the implementation of the AEC Blueprint 2025.
ASEAN-Canada trade volume was worth a total of $19.9 billion, showing a slight decrease of 2.4% compared to 2019, despite the fact that both sides were affected by Covid-19.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
