RCEP News
Lynas Rare Earths Faces Revenue Decline Amid Market Challenges
Tesla Cuts Vehicle Prices in China Amid Competitive Pressure
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.
Australian Investors Unfazed by Ringgit Depreciation - PM Anwar Ibrahim
Malaysian Prime Minister Datuk Seri Anwar Ibrahim, who also serves as the Finance Minister, highlighted that the depreciation of the Malaysian ringgit has not deterred Australian investors.
TikTok Faces Accusations of In-App Transaction Violations in Indonesia
TikTok is under scrutiny for allegedly violating Indonesia's ban on in-app transactions, despite recent e-commerce expansion efforts.
Chinese Tourists Boost Southeast Asia's Tourism Sector During Lunar New Year
Southeast Asia witnesses a surge in Chinese tourists and spending, signaling a strong travel sector rebound post-COVID restrictions.
Cambodia's Trade with RCEP Countries Hits $30 Billion
In 2023, trade between Cambodia and the other 14 countries in the Regional Comprehensive Economic Partnership (RCEP) surged to nearly $30 billion, as reported by the Ministry of Commerce. The detailed analysis revealed a significant uptick in Cambodia's exports to these nations, totaling $8.172 billion, marking an increase of over 28%.
Philippines Surpasses Malaysia and Vietnam as Fastest Growing Economy in Southeast Asia
The Philippines outpaces Vietnam and Malaysia to become the fastest growing economy in Southeast Asia in 2023, driven by consumer spending, services, and investment.
RM 14 Bil China Investment for Malaysia Carbon Neutral R&D Center and Smart Renewable Energy Power Plant
Guoann Dot Com leads a groundbreaking partnership with Chinese and Malaysian entities to establish a Carbon Neutrality R&D Centre and Smart Renewable Energy Power Plant.
Chinese Fortune 500 Company Invests $2 Billion in Malaysian Renewable Energy Project
Fortune 500 multinational from China commits RM9.45 billion in a major renewable energy project at Maharani Energy Gateway, Muar, Johor.
Lynas Rare Earths Reports Significant Revenue Drop Amid Lower China Demand
Australia’s Lynas Rare Earths experiences a stark revenue decline in Q2 due to reduced demand in China and falling rare earth prices.
Singapore's Agritech Startup DayaTani Raises $2.3M in Seed Funding
DayaTani secures $2.3M in seed round financing to boost agricultural technology and farmer yields in Indonesia.
