Hungary hopes next month's signing of the partnership cooperation agreement (PCA) between Malaysia and the European Union (EU) will hasten the Malaysia-EU free trade agreement (FTA) negotiations.
Mitsubishi Motors Philippines Corp. (MMPC) would start exporting locally produced vehicles to different parts of Southeast Asia next year, the Department of Trade and Industry (DTI) said.
China banned induction furnaces last year in a crackdown on polluting producers of low-quality steel, but these machines have made their way to parts of Southeast Asia, hitting domestic steelmakers and fueling safety and environmental concerns.
Malaysia is scheduled to hold a meeting with Indonesia and Colombia in Jakarta next February to discuss the French National Assembly’s decision to exclude the use of palm oil as a biodiesel feedstock.
The Department of Trade and Industry (DTI) is set to deploy a trade attaché for Budapest in Hungary to strengthen its presence in Europe and enhance efforts to promote trade and investment opportunities in the Philippines to European firms.
Viet Nam was one of the fastest growing economies in the world and had been recognised as the new economic tiger of Asia.
Cambodia and Hungary are preparing to set up a joint committee to promote greater economic and trade ties following the official visit of Prak Sokhonn, the Deputy Prime Minister, to Hungary last week.
It is the beginning of the harvest season, and a rice farmer in Takeo province walks to his field, located just behind his house, ready to inspect the rented machinery he will use to collect the crop.