Malaysia will reaffirm its position on issues implicating its national interests such as those concerning palm oil at the 22nd Asean-EU Ministerial Meeting (AEMM) in Brussels on Monday, said Wisma Putra.
Thailand will make a bigger push to drive the region’s move towards Industrial 4.0 during its chairmanship of the ASEAN regional grouping this year.
The relocation of production bases from China to ASEAN is perhaps the most notable benefit of the ongoing US-China trade war for the region. Over the past several decades, companies have flocked to China to take advantage of their low-cost production base and fast-growing middle class population with burgeoning spending power.
Japanese firms consider Việt Nam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018.
Restoring EU tariffs on Indica rice imports from Myanmar will have an impact on the production of only 60,000 to 100,000 tonnes of Indica rice, U Lu Maw Myint Maung, joint secretary of Myanmar Rice Federation, said.
Indonesian presidential candidate Prabowo Subianto vowed to "seek a better deal" in trade with China, making relations with Beijing a key issue ahead of an April election in Southeast Asia's biggest economy.
Malaysia will not be pressured into ratifying a 11-nation Asia-Pacific trade deal it signed up to under the scandal-tainted former prime minister Najib Razak, its trade minister said on Thursday, as he raised the prospect of holding out for bilateral tariff pacts instead.
The Philippines and Sri Lanka signed five agreements as President Rodrigo R. Duterte officially welcomed Sri Lanka President Maithripala Sirisena at Malacañang Palace on Wednesday.