Manufacturing activity in the Philippines expanded at a faster pace in February, with factory output rising at the strongest rate since November 2018, according to the latest purchasing managers’ index (PMI) report by S&P Global Market Intelligence.
Amid growing geopolitical uncertainties, partnerships based on respect and shared interests are increasingly important, a British official said, reaffirming the UK’s support for ASEAN centrality and its desire to expand practical and long-term cooperation.
Indonesia will not use the State Budget (APBN) to meet its commitment to facilitate US$4.5 billion worth of imports of US agricultural commodities under the Agreement on Reciprocal Trade, a government official said.
Southeast Asian exporters say they are unsure whether or how to adjust supply chains, pricing strategies and shipment schedules now that the U.S. Supreme Court has struck down President Donald Trump's "reciprocal" tariffs, bringing fresh uncertainty and volatility to global trade.
The confluence of tightening global trade conditions and potential energy price shocks presents a significant policy challenge. Officials say they will pursue diversification of export markets and products, deepen regional integration, and enhance technological capabilities to bolster resilience against external shocks.
Thailand is advancing its ambition to become a leading artificial intelligence (AI) hub for the Association of Southeast Asian Nations (ASEAN), driven by its Thailand 4.0 initiative and rapid growth in data centre (DC) infrastructure.
After U.S. President Donald Trump announced reciprocal tariffs on trading partners, negotiations with individual countries have continued.
Farm Progress America: Mike Pearson tells listeners how the U.S.-Indonesia trade deal is opening doors for American agriculture.