RCEP News
Leong Hup Records Q2 Profit Increase of RM96.49 Million
Australia Approves $13.5 Billion Solar Project to Export Power to Singapore
New Zealand and Malaysia to Boost Bilateral Trade by 50% by 2030
New Zealand and Malaysia aim to increase bilateral trade by 50% by 2030, focusing on trade, investment, and education.
Leong Hup Records Q2 Profit Increase of RM96.49 Million
Leong Hup International Bhd reports higher net profit for Q2 despite a slight drop in revenue.
Australia Approves $13.5 Billion Solar Project to Export Power to Singapore
Australia gives green light to $13.5 billion solar project to transmit power to Singapore via undersea cable.
Samsung Electronics Reports 15-Fold Increase in Q2 Operating Profit
Samsung's operating profit surges 15-fold in Q2, driven by rising semiconductor prices.
BYD Opens First Southeast Asia EV Plant in Thailand
China’s BYD inaugurated an electric vehicle plant in Thailand on Thursday, marking the automaker’s first factory in Southeast Asia.
Malaysia to Begin Exporting Fresh Durian to China by October
Malaysia is expected to commence the export of fresh durian to China by October, as part of 14 memorandums of understanding (MoUs) signed on June 19.
China Lifts Ban on Five Australian Beef Exporters
China lifts import restrictions on five Australian beef processing facilities, signaling improved bilateral relations.
AirAsia Philippines Optimistic About Travel Demand Surge in Late 2024
AirAsia Philippines projects a robust uptick in travel activities among Filipinos.
OCK Group Expands 5G Telecom Tower Business to Laos
OCK Group secures tower leasing deal with Best Telecom in Laos for 5G infrastructure development.
Capital A Expands Its Aviation Footprint in ASEAN
Capital A aims to acquire airports across ASEAN, enhancing its aviation service capabilities as part of its five-year strategic plan.
Lynas Rare Earths Faces Revenue Decline Amid Market Challenges
Australian mining company Lynas reports a significant drop in revenue due to lower rare earth prices and escalating costs.
Tesla Cuts Vehicle Prices in China Amid Competitive Pressure
Tesla reduces prices across all models in China, responding to intense market competition and sluggish sales.
Asian Markets Stumble Amid Middle East Tensions; Gold Prices Climb
Asian stock markets face a downturn and gold appreciates as geopolitical tensions in the Middle East escalate.
Thailand Urged to Pursue More Free Trade Agreements to Enhance ASEAN Competitiveness
The Trade Policy and Strategy Office calls for increased FTA negotiations for Thailand to boost economic cooperation and match ASEAN competitors.
Malaysia and South Korea Resume Free Trade Agreement Talks
Malaysia and South Korea have reinitiated discussions on the Malaysia-Korea Free Trade Agreement (MKFTA), signaling a potential boost in trade and investment ties between the two nations, according to an announcement from Malaysia's Ministry of Investment, Trade, and Industry.
AirAsia Cambodia to Launch Domestic Flights in May
AirAsia Cambodia sets to initiate operations on May 2, targeting an 85% load factor across three key destinations.
Japan Urges Thailand to Address Overstaying Nationals Amid Visa-Free Travel Concerns
Tour operators raise alarm as Thai overstays prompt concerns over visa-free travel to Japan.
Robert Kuok's Company Acquires Seletar Mall for RM1.93 Billion
Allgreen Properties, owned by tycoon Robert Kuok, expands its retail portfolio with the purchase of Seletar Mall.
Vietnam's Rice Export Projections for This Year Show Decline
Vietnam anticipates a reduction in its rice exports to 6.5-7.0 million tons this year, down from the previous year's record high.
