Since the US-China trade war is expected to drag on this year and further depress exports, Thailand needs to seek long-term benefits from economic integration within Asean in order to offset the wounds inflicted by the war, international relations experts and financial sector representatives said yesterday.
Southeast Asian economies may face major economic headwinds this year amid US–China trade tensions and US Federal Reserve interest rate increases. To help weather the impact, ASEAN member states should prioritise progress on regional economic initiatives.
Vietnamese enterprises have the potential to participate in regional and global production value chains on par with the leading countries in ASEAN, because Viet Nam has been a top priority choice of multinational corporations.
The European Union (EU) today (Feb 11) commenced the formal process to strip Cambodia of preferential tariff subsidies provided under the Everything But Arms (EBA) trade scheme.
Southeast Asia’s booming economic growth and investment potential have thrown the region into the global eye as of late, in particular in the field of e-commerce. According to a recent report released by research firm, Forrester Analytics, the online-retail sector is expected to increase almost three-fold across six key nations, from $19 billion USD in 2018 to $53 billion in 2023.
The challenges confronting the United States and Asean - including natural disasters, the scourge of ISIS, maritime tensions and rising populism - and how both sides can work together to overcome them will be discussed at a forum, beginning on Monday (Feb 11).
As Asean chair this year, Thailand must enhance the region’s cooperation amid growing US-China tensions that threaten to go beyond mere trade conflicts, international-relations experts said at a peace forum in Bangkok yesterday.
Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organisation (WTO), arguing the plan to curb the use of crops that cause deforestation will unfairly target palm oil, a senior Indonesian official told Reuters.