Speaking at the New Japan–Malaysia Industrial Cooperation Seminar, Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, acknowledged growing competition from regional economies such as Việt Nam, which benefits from political stability, an abundant labour force, and a...
ProPak Asia 2026, one of Asia’s leading trade exhibitions for processing and packaging technology, will return this June with a larger scale, a new venue and a stronger focus on advanced industrial technologies.
This measure, through which ASEAN countries can provide petroleum supplies to neighbors facing shortages of at least 10 percent of their requirements, comes as the conflict in the Middle East continues to escalate.
The three-day exhibition, held at Challenger Halls 1–2 in Muang Thong Thani, showcases solutions and technologies for hotels, restaurants, cafés and catering businesses.
Analysts believe that Malaysia, Indonesia, the Philippines and Vietnam will spearhead Asean’s economic progress this year, anchoring the bloc’s long-term economic expansion, says the writer.
Asian governments rush emergency measures after oil prices jump 25% amid Iran war, with South Korea capping fuel prices and Japan weighing reserve releases.
Imported rice needs to arrive on or before the end of February so it does not coincide with the bulk of the harvest in March and April, according to the Philippine Department of Agriculture (DA) Assistant Secretary Arnel de Mesa.
Amid concerns over shrinking global trade because of the high tariffs of U.S. President Donald Trump’s administration, frameworks to expand free trade like the CPTPP are attracting renewed attention.
Vietnamese President Luong Cuong urged APEC business and policy leaders to embrace “an inclusive, cooperative and human-centered approach” to the Fourth Industrial Revolution.
Seoul is also considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. “If Korea joins CPTPP, I believe Asian nations including Korea and Japan will be better positioned to jointly respond to the transformation of the trade order and...
RCEP is a free trade agreement between China, Japan, South Korea, Australia, New Zealand and the ASEAN member states. Based on World Bank data in 2020, the 15 participating countries account for about 29% of the global population or 2.3...
The MoIT requested that the People''s Committees of provinces and cities review and promptly compile information and feedback from the business community regarding any difficulties or obstacles arising, in order to report and propose appropriate solutions.
Deputy Digital Minister Wilson Ugak Kumbong added that the region’s strengths were undeniable, with a population of 680 million, the third-largest internet user base in the world, and more than half of the population under the age of 35.
While there are no clear winners, Laos and Myanmar can be considered losers under a US policy that is shaking up global supply chains, as manufacturers in those countries are subject to a steep 40 percent US import duty.
Malaysia is currently undertaking major legal reforms, including s to the Contracts Act (1950), the Sale of Goods Act (1957), and the drafting of a Cross-Border Insolvency Act aligned with UNCITRAL standards and regional trade agreements such as RCEP and...
