China and Thailand maintain strong trade ties, with 2023 bilateral trade reaching $126.3 billion. China is Thailand’s largest trading partner and foreign investor, especially in electric vehicles and manufacturing.
Energy Secretary Raphael P.M. Lotilla has welcomed the Coalition for Emerging Market Infrastructure Investment’s (CEMII) announcement, marking the Philippines as its inaugural focus for infrastructure investments under the Indo-Pacific Economic Framework (IPEF).
The Philippines is seeking enhanced cooperation and investment opportunities with Germany in a bid to boost the local economy.
With Singapore firms showing interest in contributing to the search for solutions to some of the key challenges in nuclear fusion, Britain, which is launching its own mega fusion project, is eyeing potential research and commercial collaborations with organisations here.
Malaysia's move to start exporting fresh durians to China is a big step of Malaysian farmers and businesses engaged in this industry.
Singapore and the European Union (EU) have concluded the EU-Singapore Digital Trade Agreement (EUSDTA). The framework for the agreement was signed in February 2023, marking the first steps towards its completion.
The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast the ASEAN+3 region will grow to 4.2% in 2024 and 4.4% in 2025, in its latest quarterly update.
Deputy Minister of Finance II, Thomas Djiwandono, claimed ASEAN has proven its economic resilience. The region’s economic growth is said to have surpassed the global average, with a 3.6 percent contribution to the world’s GDP.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
