Trade
Trade policy and regulation
Can Southeast Asia weather a trade war?
In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout. Over the past few months, US President Donald Trump has not minced his ...
Executives call for use of local currencies at borders
Business leaders from the lower Mekong River are calling for their governments to use local currencies for border region trade to facilitate transactions and reduce exchange costs. Keep reading ...
In trade war with US, China may import Myanmar cattle
The government and the China’s Yunan province are finalising an agreement for Myanmar to export cattle to meet rising demand in the Chinese market. China’s beef consumption has steadily increased to 8.4 million tonnes annually, according to Beijing. China is expected to allow 14 beef-exporting ...
RCEP talks: Members to meet in Singapore by month-end for next round
Chief negotiators of India, China and 14 other countries will meet by the end of this month in Singapore for the next round of discussions on the proposed mega free trade deal RCEP. “The meeting will start by the end of this month. This will ...
Business Standard Reporter
China pressured to beef up response to US tariffs
China’s leaders have come under internal pressure to beef up their response to US trade sanctions, as Beijing struggles to prevent the outbreak of a trade war. On Friday China revealed a carefully calibrated response to US steel and aluminium tariffs aimed at demonstrating that ...
Charles Clover/Sherry Fei Ju
ASEAN, Australia reject protectionism amid fears of Trump trade war
The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said on Friday, amid fears about a possible trade war sparked by U.S. plans to raise tariffs on steel and aluminum imports. Keep reading ...
Colin Packham/Paulina Duran
Cambodia clampdown threatens Chinese interests
[] US President Donald Trump’s government, after all, had pledged to deeply cut development aid to several developing countries, including Cambodia, even before recent political tensions mounted.But the US and EU remain Cambodia’s largest trading partners and possible economic sanctions on the Southeast Asian nation, which ...
David Hutt
Dept open to ideas on new Customs law
Investors remain unconvinced that the new Customs law will facilitate faster clearance of goods even as the Customs Department chief promised to be open to feedback from the business community. [] Thailand has been promoting trade and investment in CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) for ...
Wichit Chaitrong
People-centred ASEAN: not quite there
ASEAN has come a long way since its founders signed the Bangkok Declaration half a century ago. Like any organic body, it has evolved and adapted to stay alive and relevant. The following is a broad summary of key transformations over the past five decades ...
Hoang Thi Ha
Thailand seeks to change FTA with China
Thailand is seeking a review of the Thailand-China free trade agreement as the 0% import duty for electric vehicles could derail the country’s plan to attract foreign manufacturers. Keep reading ...
Wichit Chanthanusornsiri