China and Laos have signed a joint statement aimed at elevating bilateral cooperation, focusing on the ambitious development of a connectivity development corridor between the two countries and Thailand.
Malaysia and Turkiye are exploring potential collaboration in the field of green and alternative energy, in line with Malaysia’s commitment to adopting more sustainable and eco-friendly energy sources.
Businesses in Southeast Asia are eyeing more opportunities in the Chinese market following the announcement of a significant upgrade to the China-ASEAN Free Trade Area.
Singapore’s economy grew 4.1 per cent year on year in the third quarter of 2024, much faster than the 2.9 per cent growth in the previous quarter, according to official advance estimates.
The ASEAN-China Free Trade Area (ACFTA) was the regional bloc’s first one with an external partner, as well as China’s first, Prime Minister Lawrence Wong noted during the 27th ASEAN-China Summit in Vientiane.
The Philippines is stepping up efforts to boost its coconut industry in the European Union (EU) market, promoting investment opportunities in integrated coconut processing. The Department of Trade and Industry (DTI), in collaboration with the Department of Agriculture (DA) and the Philippine Coconut Authority (PCA), led a trade mission to the Netherlands and Belgium from Sept. 9 to 13, 2024.
Asean deepened its relationships with several key partners on the second day of its annual gathering, in what Singapore Prime Minister Lawrence Wong said was a signal of the grouping’s commitment to free trade and staying open at a time of growing protectionism.
Australia is strengthening ties with the Philippines as a trade and investment partner by seeking to expand mining investment opportunities and also grow the $8.7 billion in two-way investment generated in 2023.