The Cambodian Footwear Association (CFA), that six months ago employed 150,000 workers, and other domestic private sector representatives, are again appealing for exemption on the tax-free benefit withdrawal imposed by the European Union.
Indonesia's economy likely posted the biggest contraction in more than two decades in the second quarter, as measures taken to combat the coronavirus pandemic hit most sectors, a Reuters poll showed on Monday.
Gradual improvement in the purchasing managing indices (PMIs) across Southeast Asia shows some return to normalisation, but a sustained recovery is still far away, according to a report released by Barclays Research on August 3.
An online platform to help business players resolve cross-border trade issues in the Southeast Asia region has been met with a cold shoulder by the region’s economic community, a European Union (EU)-backed facility has shown.
An Indian minister has called for a review of the country's decade-old free trade deal with Asean, arguing that it would help in achieving bigger trade volumes.
The government is reviewing the continuation of the free trade agreement (FTA) with ASEAN in the wake of the trading bloc’s reluctance to address India’s concerns over what it believes are asymmetries in the trade pact during the last ten years. According to Times of India, the country’s main grouse is the rising trade deficit with the 10–country bloc.
With Vietnam seeing total import-export turnover with ASEAN in 2019 reach US$57.3 billion, representing a year- on- year rise of 1.1%, the group has developed into the country’s fourth largest export region, only behind the United States, the EU, and China.
The Ministry of Finance (MoF) of Malaysia has launched a credit programme worth 750 million RM (179 million USD), aiming at boosting consumer spending in the country as one of initiatives under the Economic Recovery Plan (PENJANA).
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
