Indonesia considering buying Russian oil as fuel prices soar
Jokowi hiked subsidised fuel prices by 30 per cent earlier this month and said that the price hike was his "last option" due to fiscal pressures.
Trade
Mekong nations look for bridge over ‘Asean development gap’
Consisting of Cambodia, Laos, Myanmar and Vietnam, cooperation between the nations cover nine key sectors, such as tourism and trade.
PM Hun Sen backs ‘green economic, investment zones’ for Asean
He suggested that the climate change mitigation-oriented deal cover a wide range of areas such as energy, environment and finance.
India’s rice export curbs paralyse trade in Asia as prices rise
Rice is the latest in a string of commodities that have faced export curbs as governments struggle to raise supplies and fight inflation.
Bangladesh seeks to import additional LNG from Qatar: Foreign affairs minister
Bangladesh has been importing LNG from Qatar since 2018 under a 15-year agreement signed in 2017 to supply 1.8-2.5 million metric tons of LNG annually.
EU lending arm plans expansion in Cambodia
The European Investment Bank has invested close to $245 million so far, and plans to expand its presence with an emphasis on green projects.
DPM Heng calls on Vietnam PM, commits to deepen ties in digital and green economy
Bilateral trade between both countries saw steady growth over the past decade, reaching $26.9 billion in 2021, an 18.7 per cent increase from 2020.
China bolsters links with Central Asian nations
According to many observers, cooperation in the BRI between China and Central Asian nations has produced early results, helping these countries improve their infrastructure, build…
IPEF trade ministers officially agree to enter into formal negotiations
India decided not to participate in the trade pillar portion of the negotiations.
Cambodia to push for establishment of RCEP Secretariat in Siem Reap
Prime Minister Hun Sen called on Beijing, on Aug 3, to support the setting up of the RCEP office in Cambodia.