COVID-19 put tourism in Southeast Asia on hold. ASEAN economies need their tourism sectors to get moving again once restrictions are lifted—but it will take time and a flexible approach.
Thailand’s economy contracted at its sharpest pace in eight years in the first quarter, pushing South-east Asia’s second largest economy into recession sooner than expected, as the coronavirius pandemic hit tourism and domestic activity.
The Covid-19 pandemic has ravaged countries around the world over the past three months and India, the world's largest democracy with 1.4 billion people, has been among the hardest hit. Prime Minister Narendra Modi gave his people just four hours advance notice of the mandatory lockdown on March 24, a measure that continues today and which has caused massive hardship.
Indonesia's imports last month shrank at the fastest pace in nearly five years, underlining weak domestic demand and export markets that were disrupted by the coronavirus pandemic, trade data showed yesterday.
Southeast Asia has been defined as the place where the Republic of Korea (RoK)’s financial industry should expand its presence over the next three years to accomplish its plan of becoming an international financial hub in 2022.
The ASEAN 2020 National Committee convened its fifth meeting in Hanoi on May 15, focusing on preparations for the upcoming 36th ASEAN Summit.
With a population of 32 million people, Malaysia sits at the second lowest rung of the ladder in terms of market size in the top six Asean countries. Given the limitations, is the market still attractive for startups?
The Cambodian Ministry of Commerce and relevant agencies have reviewed a study on rice export cost in a bid to enhance the competitiveness of the country’s rice export.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
