A total of 39 billion USD have been invested by US companies into the Malaysian economy despite challenges posed by the COVID-19 pandemic, the American Malaysian Chamber of Commerce (Amcham) has said.
The Association of Southeast Asian Nations (ASEAN) and the Organisation for Economic Cooperation and Development (OECD) have signed a Memorandum of Understanding (MoU) in conjunction with the OECD Southeast Asia Ministerial Conference.
The ASEAN-Russia strategic partnership is hoped to be lifted to a new height, Russian Foreign Ministry Spokesperson Maria Zakharova said during a regular press briefing in Moscow on February 9.
Auxin Solar has asked the US Department of Commerce to investigate whether Southeast Asia-based companies are circumventing US anti-dumping and countervailing duty (AD/CVD) orders on cells and modules from China.
For 2022, three trends should be key for observation on development of Cambodia’s economy, predicted Sim Vireak, a strategic adviser to the Phnom Penh-based Asian Vision Institute (AVI).
The Thai automotive industry expects to manufacture 1.8 million vehicles this year, including one million for export, as market demand continues to improve.
The Thai cabinet has approved an action plan to drive Bio-Circular-Green Economy (BCG) Model for 2022-2027 period with a budget of nearly 41 billion baht (about 1.25 billion USD).
The COVID-19 pandemic, which has touched every aspect of society, has failed to cool down the startup and innovation spirit but, on the contrary, created major influence, contributing to economic development and recovery, according to insiders.