PETALING JAYA: Indonesia and Malaysia have signed a deal to jointly produce the first Asean-made vehicle, Jakarta Post reports.
KUALA LUMPUR: The US-China trade dispute has started to benefit Malaysian manufacturers as exporters from the two countries are looking for alternative sources of materials.
The country’s garment and textile export is expected to post between 10-20 percent increase this year as some orders are now being shifted from China to the Philippines to avoid the high tariffs imposed by the US on Chinese goods, including garments and textile.
The integration story of Southeast Asian nations, widely known as “ASEAN”, began in 1967 and has since brought about significant changes to the Southeast Asian region.
Malaysia is enhancing trade with ASEAN countries amid the US-China trade war given the region's market potentials of 642 million people.
Embassies of Asean member countries in Qatar look forward to further strengthening partnership and increasing bilateral investments with Qatar.
Pundits have cautioned that Malaysia could become an unlikely victim of a full-blown trade war between the United States and China.
Thailand’s economy grew 4.8 percent in the second quarter of this year, higher than that of the first quarter and the highest level in five years.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
