Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw US$60 billion in new investment.
More than 50% of the chapters contained in the Regional Comprehensive Economic Partnership (RCEP) negotiations have been finalised, said International Trade and Industry Minister Datuk Darell Leiking.
EUROPEAN businesses consider the economic integration of the Association of Southeast Asian Nations (ASEAN) to be well behind schedule due to the reluctance of individual members to liberalize their markets.
Thailand, as Asean chair, will push for conclusion of the Regional Comprehensive Economic Partnership (RCEP) negotiations by the year-end in order to counterbalance the negative impacts of the US-China trade war.
Malaysia stands to lose foreign business activities to Vietnam if it does not ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), says Pamela Qiu, associate director of The Economist Corporate Network.
The growing ASEAN-China trade is providing Malaysian exporters with more opportunities to tap the business potential offered by the world's second largest economy.
Vietnam and Thailand have pledged to create favourable conditions for businesses of the two countries to increase investment and business cooperation as well as to facilitate agricultural import and export activities between the two countries.
The Foreign Ministry on Friday said the Asean-EU Ministerial Meeting in Belgium last week, which Minister Prak Sokhonn attended, highlighted mutually beneficial cooperation to further strengthen and deepen Asean-EU dialogue relations.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
