The administration of President Ferdinand Marcos Jr. aims to increase the total number of free trade agreements and bilateral deals to 20 by the end of his term in 2028.
The Directorate General of Trade Remedies (DGTR) has recommended extending countervailing duties on imports of solar glass from Malaysia for another five years, citing continued subsidisation and the risk of renewed injury to domestic manufacturers if the measures are withdrawn.
Cambodia has secured a significant agricultural export agreement with China, signing a deal to supply in-shell cashew nuts worth an initial $35 million, with forecasts to reach $400 million in the future.
The garment, footwear and travel goods sector remains a central pillar of the country’s export performance and industrial employment. With demand for apparel and travel goods continuing to recover globally, the sector is expected to remain a key driver of Cambodia’s economic growth in 2026.
Singapore-based firm Equator Renewables Asia (ERA) has secured an investment of SGD 50 million (USD 39.3m/EUR 33.7m) to help it advance solar, green hydrogen and sustainable industrial zone projects across Indonesia.
Indonesia’s exports of processed food products to Canada have shown an upward trend in recent years, driven by rising market demand and strengthened trade cooperation between the two countries.
China is the largest source of goods for Cambodia. In the first two months of 2026, goods imported from China to Cambodia were valued at nearly $3.3 billion, an increase of more than one-third over the same period in 2024.
The Philippine electronics industry expects to maintain a modest growth this year despite rising geopolitical tensions in the Middle East, but rising energy and logistics costs may eventually squeeze margins, an industry group said Wednesday.