Thai-EU FTA talks make solid progress in fifth round; deal expected by end of 2025, says Commerce Minister Pichai.
BMI, a unit of Fitch Solutions, has retained its forecast that Malaysia’s federal government budget deficit will narrow to 3.8% of gross domestic product (GDP) in 2025, down from 4.1% in 2024.
Direct cash or voucher disbursements and employment support could cushion the impact.
Prime Minister Hun Manet yesterday reaffirmed Cambodia’s readiness to engage in a constructive dialogue over the tariffs imposed by the United States and clarify misconceptions about the country’s trade policies.
Trade department flags 49 product categories to prevent origin misrepresentation after Trump's 36% levy
It has the highest direct exposure to US demand amongst all Asian economies studied
The newly imposed 24% tariff by the US on Malaysia may initially disrupt export flows, but the country has a competitive edge over major palm oil producers, according to the Malaysian Palm Oil Board (MPOB).
Thailand's high-value products exported to the US would be impacted by the reciprocal tariff, causing 880 billion baht in damage to Thailand, the Commerce Ministry said on Friday.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
