While Western media outlets keep a close eye on the dispute between China and the Philippines over the South China Sea, the two main protagonists in the story are busy with another thing: hybrid rice.
Vietnam’s exports to Cambodia exceeded 3 billion USD last year, setting a record high in a decade and opening up opportunities for local firms to capitalise on untapped potential of the neighbouring market, statistics show.
The Regional Comprehensive Economic Partnership (RCEP) is said to be one of the biggest trade deals in the world. Spearheaded by ASEAN, it will encompass 25 percent of global gross domestic product (GDP), 45 percent of the total population, 30 percent of global income and 30 percent global trade. Other countries involved in this trade agreement are India, China, Japan, South Korea, Australia and New Zealand.
Thailand's Department of Trade Negotiations is preparing for the ASEAN Senior Economic Officials Meeting due to take place between January 12 and 18. The meeting will be the first such meeting since Thailand assumed the bloc's chairmanship.
A European Union campaign to restrict the use of palm oil in biofuels could put the trading bloc’s relations with Malaysia in jeopardy, an official from the Southeast Asian nation said on Tuesday.
The open approach policy adopted by the Pakatan Harapan government is a plus to the economy, said CIMB ASEAN Research Institute (CARI) Chairman Tan Sri Munir Majid.
Vietnam should promote trade more overseas to bring in new customers and boost exports to the Association of Southeast Asian Nations (ASEAN) region.
The United Kingdom and Singapore said on Friday (Jan 4) they have launched a “partnership for the future” to broaden and deepen ties between the two countries.