Philippine Secretary of Energy Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, Reuters reported.
Amid the gloom of Covid-19 resurgence brought by the highly contagious Omicron variant, the unresolved political crisis of Myanmar and the brewing geopolitical tensions between the giants, Asean got some cheers over the New Year with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement.
Trade volume rises to 26% growth with Canada and with that of EU it shot up to 11% in January-October 2021
Indonesia’s Ministry of Maritime Affairs and Fisheries (KKP) is ready to maintain the scope of acceptance of marine and fishery products from the country to 171 countries worldwide, a senior official has said.
The National Bank of Cambodia (NBC) recently estimated the country’s economic growth at 5 per cent for 2022 due to the anticipated global recovery, despite the potential emergence of new variants of the novel coronavirus.
The export of Cambodian trout to China will be achieved according to the target set with exports set to begin this year, despite the planned negotiations between Cambodia and the Chinese authorities.
The Thai Chamber of Commerce (TCC) has warned that Thailand risks long-term economic and social effects if the Government imposes another blockade due to the spread of the Omicron variant.
The Cambodia-Korea Free Trade Agreement (CKFTA) is set to enter into force 60 days after the Kingdom’s Ministry of Commerce and South Korean counterpart have notified each other that their respective internal procedures have been completed, as affirmed by ministry spokesman Pen Sovicheat.