The Republic of Korea (RoK) and Malaysia on March 13 agreed to launch negotiations toward a bilateral free trade agreement (FTA) and push for their conclusion before the end of this year.
South-east Asian markets continue to remain important to United States businesses, as a poll of 210 business executives in the region showed an increasing percentage expecting profits to increase compared with two years ago.
In 2015, the world’s leaders came together to pledge the 2030 Agenda for Sustainable Development. The 2030 Agenda is a universal call to action to end poverty, protect the planet, and ensure all people enjoy peace and prosperity through global partnership. Built on the achievements of the Millennium Development Goals (MDGs) for 2000-2015, it is monitored against a set of 17 Sustainable Development Goals (SDGs). These SDGs target achievements in poverty and hunger eradication, health and wellbeing, education, gender and economic inequalities, conservation, climate change, innovation, sustainable consumption, and peace and justice.
Taiwan and Malaysia will suffer the most in the near term if a U.S.-China purchasing agreement goes through, while South Korea and Japan also have much to lose, a new Goldman Sachs report says.
The Export-Import Bank of Thailand (Exim Bank Thailand) has unveiled a new loan facility for entrepreneurs in Cambodia, Laos, Myanmar and Vietnam who purchase products from Thai businesses, a move aimed at boosting exports to the subregion.
Vietnam and Singapore will expand cooperation in innovation and technology – a new area in the bilateral economic partnership that was recommended at the 14th ministerial meeting on economic connectivity between the two countries.
The Vietnam-Myanmar Joint Committee for Bilateral Cooperation held its ninth meeting in Hanoi on March 12, during which its members shared the view that the countries’ comprehensive cooperative partnership is becoming increasingly substantive.
Thailand aims to conclude negotiations on the Regional Comprehensive Economic Partnership (RCEP) and fully implement the ASEAN Single Window (ASW) for all 10 member countries by the end of this year.