Malaysia-China trade hits nearly 100 bln USD
Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly 98 billion USD between January and November, matching the 2023 total trade volume.
Indonesian President Joko Widodo (Jokowi) expressed his desire for a seamless and swift path to make Indonesia a member of the Organisation for Economic Co-operation and Development (OECD), especially when the country is carrying out economic reform in many areas.
Malaysia-China economic ties have continued to strengthen, with bilateral trade reaching nearly 98 billion USD between January and November, matching the 2023 total trade volume.
The Indonesian government has unveiled a series of economic stimulus packages totaling 827 trillion Rp (51.65 billion USD) for 2025, designed to mitigate economic shocks and address the weakening purchasing power of low- and middle-income groups.
Thailand is expected to apply a minimum corporate tax rate of 15% on big international companies from 2025 in an effort to attract more foreign investment.
Malaysian Prime Minister Anwar Ibrahim has appointed former Thai PM Thaksin Shinawatra as an informal adviser to assist with the country’s ASEAN chairmanship in 2025.
Authorities in Thailand have arrested two suspects following a blast at a festival near the border with Myanmar that killed three people and wounded dozens.
Philippine President Ferdinand Romualdez Marcos on December 12 ordered the police and law enforcement agencies to intensify the crackdown on illegal gaming and cyber cam hubs that continue to operate despite the ban, which will take effect by the end of December, the Presidential Communications Office (PCO) said.
The Asian Development Bank (ADB) on December 11 approved a 500 million USD policy-based loan to help the Philippines pursue its public financial management (PFM) reform agenda and ensure quality public services for its people.
Malaysia is on track to become a global medical technology (medtech) hub with its strong policies in attracting and executing the right investments, including the New Industrial Master Plan 2030 (NIMP 2030), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
The Southeast Asia Parliamentarians against Corruption (SEAPAC) called on parliaments throughout Southeast Asia to engage youth in anti-corruption efforts, emphasising the profound impact of corruption on the region's younger population.
The Indonesian and Norwegian Governments have launched the fourth phase of result-based contribution (RBC) funding cooperation for emission reduction.
Singapore's National Environment Agency (NEA) reported on December 9 that the country recorded an average rainfall of 419.0 mm in November, the highest for the month since 1980.
In the first half of 2024, Southeast Asia (SEA) attracted over 30 billion USD in artificial intelligence (AI) infrastructure investments, according to the 2024 e-Conomy SEA Report from Google, Temasek, and Bain & Company.
The ruling People’s Action Party (PAP) in Singapore announced on December 4 its new Central Executive Committee (CEC), officially electing Prime Minister Lawrence Wong as the party’s Secretary-General.
Thailand reported 414,000 unemployed people in the third quarter this year, up from 401,000 year-on-year, according to the National Economic and Social Development Council (NESDC).
Indonesia and Canada have signed the Comprehensive Economic Partnership Agreement (CEPA), marking a milestone in strengthening economic relations between the two G20 countries.
Hyundai Motor will open its first plant in Kedah state, Malaysia next year with an investment valued at 500 million USD, the Malaysian Government has announced.
The Thai government is gearing up for its "Amazing Thailand Grand Tourism and Sports Year 2025", with events and special privileges planned to attract more visitors.
Malaysia and Singapore have discussed various issues relevant to the environment and sustainability and agreed to exchange information on air and water resource quality improvement.
A delegation of the ASEAN Committee in Mexico (ACMC) visited Durango state from November 25-27 to promote collaboration in trade, investment, mining, education, and culture.
Malaysia's digital economy is poised to reach 31 billion USD in gross merchandise value (GMV) in 2024, up 16% compared to last year, according to the latest e-Conomy Southeast Asia (SEA) 2024 report by Google, Temasek, and Bain & Company.