The Asian Development Bank downgraded economic growth forecasts for India and Southeast Asia for 2019 as global risks from trade tensions to Brexit mount.
Philippine and Indonesian government officials agreed to enhance bilateral trade and investment during their recent meeting.
Cambodian Prime Minister Hun Sen has announced plans to reform the nation’s economy on a large scale with a 17-point strategy to stimulate growth and save the private sector some $400 million per year in costs.
Singapore-based KrisEnergy company is expected to launch the extraction of crude oil in Cambodia in late 2019 or early 2020 but that oil will not be refined in the country.
Japan to bolster ASEAN trade by loaning out Japan will dispatch specialists and advisers in areas such as trade to the Association of Southeast Asian Nations as part of a cooperation deal to be signed later this year.
In order for the Asean region to unlock its full potential through an Industry 4.0 transformation, collaboration among Asean member states will be key, Senior Minister of State for Trade and Industry Koh Poh Koon said on Tuesday.
Indonesia, along with two other members of the International Tripartite Rubber Council (ITRC) -- Malaysia and Thailand – will cut the export of natural rubber in an attempt to stabilize the commodity’s global price.
With the Comprehensive and Progressive Agreement for Trans-Pacific Partnership in effect, more opportunities will open up for Singaporean-based multinationals currently investing or looking to pour money into Vietnam in a wide range of sectors.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
