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.
Investment in start-ups in Southeast Asia soared in the second quarter of this year despite the COVID-19 pandemic, led by e-commerce and fintech companies.
Cambodia has listed around 340 more commodities to export to China under the Cambodia-China bilateral free-trade agreement (FTA), bringing the total to more than 10,000. Most of the products are in agriculture and agro-processing and are in addition to what Cambodia has received from the Asean-China FTA, according to a senior official of the Ministry of Commerce.
Indonesia is placing 11.5 trillion rupiah ($793 million) in state funds with some regional development banks and extending loans to provincial governments to support economic recovery amid the pandemic, the finance minister said on Monday.
INDONESIA has seen a huge surge in Covid-19 infections and deaths after reopening its economy gradually since early June, but the country can ill afford to continue imposing a second partial lockdown.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
