Myanmar will reap the benefits of a regional trade pact being hammered out by the 10-member Association of Southeast Asian Nations (ASEAN), according to its secretary-general, Lim Jock Hoi.
The Southeast Asian internet economy has expanded by 39 percent this year to hit 100 billion USD for the first time, according to a recent report by Google, Temasek and new partner Bain & Company.
South Korea is working hard to conclude free trade talks with Malaysia, the Philippines and Indonesia before November when leaders of the Association of Southeast Asian Nations (ASEAN) meet in the country, a presidential aide said Sunday.
The Philippines is among the 20 “rising stars” of global trade even at this time when concerns about the US-China trade war tend to dominate the global trade narrative, British banking giant Standard Chartered said.
South Korea's trade ministry said Monday it plans to hold another round of negotiations with Indonesia on a comprehensive trade agreement, as Asia's No. 4 economy continues efforts to expand its export portfolio in the Southeast Asian market.
Optimistic despite Malaysia's u-turn, Japan-South Korea spat
Region's internet economy grows past $100 billion for the first time this year, with Indonesia and Vietnam clocking growth rates of more than 40%, and the e-commerce sector seeing the fastest growth to hit $38 billion.
The UN says job creation in productive industries will be essential for keeping pace on its Sustainable Development Goals. To stay competitive, Southeast Asia will need to double down on inclusive and forward-looking economic policies.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
