The price of Thai rice is higher than that of competitors due to limited supply and the strengthening of the baht, which could hurt exports, the Thai Rice Exporters Association (TREA) said.
Thailand’s economy has been kept above water by government expenditure in the first four months of the year as the tourism industry has been halted and exports have dropped sharply.
While competition between the US and China rages, it is unclear if Southeast Asia’s leadership can pursue policies that draw maximum benefit from both sides while ensuring their independence remains intact. The existing tensions between Washington and Beijing mean that leaders in Southeast Asia will struggle to find a position that pleases both partners.
Tourist destinations across Cambodia welcomed nearly 400,000 visitors during the first three weeks of May, said the country’s Minister of Tourism Thong Khon.
Sakai, a leading prestigious newspaper in Japan’s Kansai region, recently carried an article expressing trust in Vietnam’s success in its ASEAN Chairmanship in 2020.
The Philippine government is eyeing a stimulus package worth 846 billion pesos (16.7 billion USD) to enable a full economic recovery from the COVID-19 pandemic, according to Finance Secretary Carlos Dominguez.
Enormous business opportunities lie ahead for Singapore companies to venture into China despite the economic fall-out from COVID-19, said Singaporean economists and business leaders during a recent webinar.
The Malaysian Islamic Party’s Central Committee on Economic, Real Estate and Entrepreneur Development has predicted that the country’s GDP growth rate can reach 2.5-3 percent in 2020 despite the COVID-19 outbreak.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
