Indonesia has raised Rp 22 trillion (US$1.51 billion) from government bonds issuances as of Tuesday as it moves to fund the fiscal deficit and the country’s COVID-19 response.
US online magazine Foreign Policy has published an article looking into Vietnam’s leadership progress in ASEAN.
Cambodia and South Korea will begin first-round negotiations on a bilateral free trade agreement (FTA) on Thursday, another step toward diversifying the Kingdom’s exports following the recent completion of FTA talks with China.
The Japanese government is encouraging firms to relocate manufacturing from China to Southeast Asia. As Tokyo reacts to Beijing’s handling of the coronavirus and aggression in the South China Sea, it might foster stronger relations with ASEAN.
The Indonesian government has urged people to "come out of their homes" to boost the economy, warning that there are limits to what state coffers can do amid the Covid-19 pandemic.
Cambodia and the Republic of Korea (RoK) on July 30 launched the first round of free trade negotiations, according to the RoK’s Ministry of Trade, Industry and Energy.
Vietnam’s becoming the seventh member of the Association of Southeast Asian Nations (ASEAN) marked a strategic decision and paved the way for the country’s regional and international integration, which has also been seen as a milestone in the grouping’s development.
Vietnam’s participation in ASEAN 25 years ago has helped the country enjoy strong growth in trade with other member nations.