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India’s bilateral trade with the Association of Southeast Asian Nations (ASEAN) saw 5.2 per cent growth to reach $73 billion during the April-October period this fiscal, the government informed on Saturday. ASEAN, as a group, is one of the major trade partners of India with about 11 per cent share in India’s global trade. The bilateral trade in FY2023-24 was $121 billion, according to the Ministry of Commerce and Industry. The sixth ASEAN-India Trade in Goods Agr...
India`s bilateral trade with ASEAN sees 5.2 pc growth at $73 billion in April-Oct
Representatives from the member states of the Association of Southeast Asian Nations (ASEAN) have met in the Lao capital, Vientiane, to discuss enhancing regional trade by simplifying trade barriers and implementing trade facilitation measures. The representatives gathered on Monday for the 38th ASEAN Free Trade Area (AFTA) Council Meeting, according to a report from Laos' Ministry of Industry and Commerce on Tuesday. In his opening remarks, Lao Minister of Industry and Commer...
ASEAN countries discuss ways to enhance regional trade
Lao authorities have discussed preparations for the ASEAN Energy Business Forum and the 42nd ASEAN Ministers on Energy Meeting, which will take place in Lao capital Vientiane from September 24 to 27. According to a report issued by the Lao Ministry of Energy and Mines on Wednesday, the event will be an international conference and exhibition that promotes the development of the ASEAN energy sector. The 42nd ASEAN Ministers on Energy Meeting will focus on key aspects of energy coop...
Laos gears up to host 42nd ASEAN Ministers on Energy Meeting
Ministry of Commerce and Industry on Saturday said that the 5th meeting of the joint committee for the review of the ASEAN-India Trade in Goods Agreement (AITIGA) was held at the ASEAN Secretariat in Jakarta. “It marks a significant milestone in enhancing economic cooperation between ASEAN and India,” the ministry said. It said that the Indian delegation also held bilateral meetings with counterparts from Malaysia, Singapore, Indonesia and Vietnam on the sidelines of 5th AIT...
ASEAN-India trade talks in Jakarta pave way for closer ties
Vietnam's e-commerce market has boasted an average annual growth rate of 16-30 per cent over the past four years, the highest in the Association of Southeast Asian Nations (ASEAN) region, local media VOV reported. Citing OpenGov Asia, a content platform dedicated to sharing ICT-related knowledge and information, the report said that the country's cross-border e-commerce sector is expanding at a rate 2.3 times faster than regular e-commerce between 2022 and 2025, with pr...
Vietnam's e-commerce boasts highest annual growth in ASEAN
The Indian Paper Manufacturers Association (IPMA) has said that imports of paper and paperboard in the country rose by 34 per cent to 19.3 lakh tonnes in 2023-24, driven by higher shipments from ASEAN countries. In value terms, paper imports doubled to Rs 13,248 crore in FY24 from Rs 6,140 crore in FY21. It said the increasing imports of these products are hurting the domestic industry. It noted that paper and paperboard imports, as per the commerce ministry data, were 14.3 lakh tonnes in the...
Imports of paper and paperboard rise by 34% to 19.3 lakh tonnes in FY24: IPMA
Microsoft on Thursday announced to invest $2.2 billion over the next four years to advance new cloud and artificial intelligence (AI) infrastructure in Malaysia. The investment will allow Microsoft to meet the growing demand for cloud computing services in the country, as well as enable Malaysia to capitalise on the significant economic and productivity opportunities presented by the latest AI technology, according to the company. This marks the single largest investment in Microsoft...
Microsoft to invest $2.2 bn to fuel Malaysia's cloud, AI transformation
FTI Consulting, Inc. (NYSE: FCN) today released the ASEAN Disclosure Index 2023 report, which tracks corporate disclosure practices across 18 parameters amongst 110 leading publicly listed corporations in the ASEAN region. The report foundthat the 110 companies score an average Corporate Disclosure score of 6.95/10, based on public information from annual reports of the leading listed companies in Singapore, Thailand, Malaysia, Indonesia and the Philippines. Malaysian companies h...
How do Nifty 100 fare versus ASEAN`s listed Corporate Disclosures?
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