ASEAN nations should reevaluate its economy post-pandemic to one that is more resilient, digitally enabled, inclusive and sustainable, says the regional bloc secretary general Datuk Lim Jock Hoi.
An Indonesia-Australia deal that eliminates most trade tariffs between the two nations and aims to open up investment, took effect on July 5, Reuters quoted Indonesia's Trade Ministry as saying.
If the Regional Comprehensive Partnership (RCEP) Agreement could be signed this November, it will send a “clear” and “very strong political signal” about multilateral trading in the context of COVID-19, said an Indonesian official.
The Philippines’ decision not to end its Visiting Forces Agreement (VFA) with the US hints at Duterte’s uncertainty over relations with the US and China.
Indonesia is now an upper-middle income country, an upgrade from its previous status as lower-middle income, according to the World Bank’s latest country classifications by income level published on July 1.
Senior Officials from ASEAN and the People’s Republic of China reaffirmed the importance of their strategic partnership and agreed to further enhance their relations at the 26th ASEAN-China Senior Officials’ Consultation held online yesterday.
Malaysia, the world's second largest palm oil producer, will take legal action against the European Union's restrictions on palm oil-based biofuels with the World Trade Organization (WTO), calling the policy a "discriminatory action".
Indonesia's central bank (BI) is ready to further finance the government's budget deficit and "share the burden" in the fight against the COVID-19 pandemic, BI Governor Perry Warjiyo said on June 27.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
