Low-cost “Chinese” food and beverage chains are expanding their business across ASEAN, setting up thousands of branches, causing serious concerns that they will affect local industries.
Hungary, Philippines Strengthen Bilateral Ties During 67th Anniversary Commemoration
Indonesia's plan to impose tariffs on a range of Chinese products in response to alleged industrial overcapacity could harm the country's economy, decreasing the competitiveness of its exports, increasing production costs and consumer prices and risking retaliation from China. A better approach for economic security could lie in utilising multilateral trade agreements and institutions, maintaining economic openness and learning from Australia's handling of China's sanctions.
Malaysia plans to diversify its trading partners to explore new solar export markets amid geopolitical tensions and the ongoing trade war between China and the United States, according to the Investment, Trade and Industry Ministry (MITI).
A rise in total jet fuel imports come as volumes from both China and India increase
Potential for cooperation between Vietnam and Malaysia, particularly in the food industry, has been introduced to Malaysian partners and attendees within the framework of the ongoing Selangor International Business Summit (SBIS) 2024 in Kuala Lumpur.
The 19th Meeting of the Working Group on the ASEAN Forum on Taxation (WG-AFT 19) and the 16th Meeting of the ASEAN Sub-Forum on Excise Taxation are taking place in Luang Prabang province of Laos from October 14-16.
Several ASEAN countries have shown interest in joining the BRICS grouping after Malaysia expressed its intention to be part of the economic bloc, said Prime Minister Datuk Seri Anwar Ibrahim
<p>Time: 2024 By: Ministry of Industry and Trade</p>
