Agreement could be stepping stone to 'Canzuk Union' between Canada, Australia, New Zealand and UK.
Indonesia recorded the biggest trade surplus in nine years in July as exports rose for a third consecutive month while demand for imports remained weak amid the pandemic.
As the grouping turns 53, it faces old and new challenges, both internal and external.
In a move aimed at strengthening the relationship between Japan and ASEAN and promoting the digitalization of trade procedures, the Japanese government and a consortium of 20 of the country’s largest companies have announced the introduction of a digital platform to manage and integrate trade transaction information.
The auto industry is a significant contributor to Malaysia’s economy and a source of national pride. The sector was hit hard by COVID-19 but is already showing signs of recovery.
Indonesia’s economy is expected to grow between 5.5 percent and 6 percent next year as economic activity is expected to return to normal after this year’s partial lockdown to contain COVID-19 transmissions, private lender Citibank Indonesia said on Thursday.
The COVID-19 virus, which first emerged in Wuhan, China has now infected over 20.8 million people worldwide, with over 700,000 fatalities related to the disease. Unfortunately, the coronavirus isn’t merely a health crisis.