The ASEAN digital economy is growing at a frenetic pace. While millions are enjoying the economic and social benefits of improved connectivity, hundreds of millions more run the risk of getting left behind.
Asian countries such as China and India are globally recognized due to their resilience to external finance-related problems but experts believe constituents in Southeast Asia, in particular, need further exposure outside of the home.
SOUTH-EAST Asian states have gained from the Trump administration's policy in Asia so far, said ISEAS-Yusof Ishak Institute senior fellows Malcolm Cook and Ian Storey in a March 14 edition of ISEAS Perspective, writing: "So far, Southeast Asian states have benefitted as a venue for the Trump-Kim summits, greater US security actions in the region, and from the presidential preoccupation with the economic threat from China."
With few tangible and immediate results, Asean members agreed this week to tackle new challenges that arise in joining free trade agreements (FTAs) and increase its role in the World Trade Organisation (WTO).
India and the Association of Southeast Asian Nations (ASEAN) are among the fastest growing nations with even faster growth rates for e-commerce and digital trade sectors, says a report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting firm KPMG. Global e-commerce sales are likely to reach $4.5 trillion from $1.3 trillion in 2014, it says.
The European Union’s (EU) decision to phase out palm oil from being used in biofuel within the bloc is putting the Asean-EU free trade agreement (FTA) negotiations in jeopardy.
Visiting President of the Republic of Korea (RoK) Moon Jae-in met with Cambodian Prime Minister Hun Sen on March 15 to discuss measures to intensify the friendship and cooperation between the two countries.
Citing figures to prove that Vietnam-assembled cars are still more attractive to consumers than imports, an analyst commented that Vietnam needs to be ‘cautiously optimistic’ about the achievements
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
