THE ratification of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) can contribute to Malaysia’s economic recovery by stimulating trade and investment.
A webinar on trade between ASEAN and Argentina was held on October 11, aiming to accelerate the implementation of trade agreements inked between the two sides.
The EU-Asean Business Council on Thursday (Oct 8) released its sixth Business Sentiment Survey, which showed that most European businesses based in the region see Asean as offering the best economic opportunities and most expect to expand in the next five years.
Thailand’s cross-border trade, including transit trade, fell by 7.42 percent year-on-year in the first eight months, mainly attributed to the impact of the COVID-19 pandemic and a slowing economy.
Indonesia will continue to encourage improvement of the investment environment despite the COVID-19 pandemic to revive its economy that is on the brink of recession, said deputy head of Indonesia’s Investment Coordinating Board (BKPM) Nurul Ichwan said on October 6.
Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) predicted that the country’seconomy will contract by 7-9 percent this year, although exports could shrink less than previously projected, because the coronavirus pandemic remains a risk.
A report released by the Singapore Ministry of Manpower (MOM) on October 7 showed that the resident unemployment rate in the country rose by 0.4 percentage point in August to 4.5 percent, the highest level in more than a decade.
FITCH SOLUTIONS Country Risk & Industry Research projected the national government’s budget deficit to average 7.7% of gross domestic product (GDP) as the economy slows down due to the pandemic, but noted that its fiscal position will remain intact.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
