The Philippine economy contracted by 4.2% on the year in the January-March period, extending its recession to a fifth straight quarter, while Malaysia's shrank 0.5% as both countries battle waves of COVID-19.
The Association of Southeast Asian Nations (ASEAN) Economic Community Department is set to hold another round of talks today.
The Regional Comprehensive Economic Partnership (RCEP) trade pact, the world's biggest free trade deal, is making good progress with Singapore and China already submitting their ratifications.
Philippines and Japan have achieved near-balanced trade relationships and are expected to further improve under the new tax and incentives regime of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.
Cambodia and Russia shared respective messages to mark the 65th anniversary of the establishment of Cambodia- Russia diplomatic relations yesterday.
The resilience and durability of relations over the past 30 years provide a strong foundation on which to build a China-ASEAN community with a shared future
Hot on the heels of the special meeting in Jakarta to address the Myanmar political crisis, Asean presented its five-year report card on the Asean Economic Community (AEC) on April 28. The AEC was announced in 2015.
With outlooks for emerging markets darkening considerably as developed economies rapidly vaccinate citizens, Moody’s Analytics has listed Cambodia among six “recovering” economies in ASEAN.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
