RCEP, CPTPP to boost Malaysia’s external trade beyond 2023

Malaysia’s external trade activities are expected to expand steadily beyond 2023 amid the impact of new trade agreements, apart from elevated commodity prices and lower interest rates, according to a research released on February 2 by Malaysian Industrial Development Finance Berhad (MIDF). The research house said the Regional Comprehensive Economic Partnership (RCEP) and Comprehensive and […]

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Indonesia expects to end import of petrochemical products from 2027

Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has expressed his hope that the largest economy of Southeast Asia will not import petrochemical products from 2027 thanks to petrochemical industry development in North Kalimantan’s green industrial area. Speaking at the “2023 Mandiri Investment Forum” on February 1, he said that the country […]

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Senior officials discuss preparations for ASEAN Foreign Ministers’ Retreat

Senior officials of the Association of Southeast Asian Nations (ASEAN) gathered in Indonesia’s capital Jakarta on February 2 to discuss preparations for the 32nd ASEAN Coordinating Council (ACC) Meeting and the ASEAN Foreign Ministers’ Retreat (AMMR). Acting head of SOM ASEAN Vietnam, Ambassador Vu Ho, actively exchanged views on ASEAN cooperation as well as Vietnam’s […]

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