Companies seeking to reduce dependence on China by diversifying supply chains amid the coronavirus disease 2019 (COVID-19) pandemic would have mixed implications on the Association of Southeast Asian Nations (ASEAN) economies, Moody’s Investors Service said.
The center aims to serve 4,000 enterprises with warehouses and exhibition centers in ASEAN countries
As the world is embracing automation and smart technology through the Fourth Industrial Revolution, or Industry 4.0, digital literacy, technological skills and knowledge of tech trends are vital.
The Prime Minister has issued a plan to implement a memorandum of understanding on the development and connection of border trade infrastructure between Vietnam and Cambodia.
The Bank of Thailand (BoT) will focus on assisting businesses, especially those severely affected by COVID-19 pandemic, to restructure their debts, the bank’s Governor Veerathai Santiprabhob said on August 21.
Indonesia recorded 3.26 billion USD in trade surplus in July, a nine-year high, as the export value reached 13.72 billion USD while imports were 10.46 billion USD.
The government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus budget to revive an economy reeling from the coronavirus pandemic.
In the first week of July 2020, Indonesia and Hong Kong entered a new phase of economic cooperation. Indonesia finally joined other ASEAN member countries in ratifying the ASEAN–Hong Kong, China Free Trade Area (AHKFTA).
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
