Indonesian presidential candidate Prabowo Subianto vowed to "seek a better deal" in trade with China, making relations with Beijing a key issue ahead of an April election in Southeast Asia's biggest economy.
Malaysia will not be pressured into ratifying a 11-nation Asia-Pacific trade deal it signed up to under the scandal-tainted former prime minister Najib Razak, its trade minister said on Thursday, as he raised the prospect of holding out for bilateral tariff pacts instead.
The Philippines and Sri Lanka signed five agreements as President Rodrigo R. Duterte officially welcomed Sri Lanka President Maithripala Sirisena at Malacañang Palace on Wednesday.
Vietnam has been named one of the leading investment destinations in Asia for a second straight year in a recent survey by the major audit firm PwC.
Myanmar’s bilateral trade with the US in the first month of the 2018-2019 fiscal year topped US$63.6 million, an increase of $28.4 million, or 80.7 per cent, compared with the corresponding period of the 2017-2018FY, according to the Commerce Ministry, state media reported.
Indonesia recorded a trade deficit of 8.57 billion USD in 2018, the highest-ever level, according the country’s Central Statistics Agency (BPS).
One fast-expanding, Indonesian processor of shrimp and other seafood is building new plants and eyeing increased sales to the US market, amid the trade war between the world’s largest economy and China.
Malaysia has the potential to increase exports of textiles to the US in light of its trade war with China.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
