Will the US-led Indo-Pacific Economic Framework (IPEF) be able to counter China’s economic dominance in the Indo-Pacific region? Ultimately, the fate of the IPEF will be based on concrete incentives, otherwise present support and interest for the US initiative will soon fade away.
The Indonesian Association of Pharmaceutical Companies (GPFI) signed a letter of intent (LoI) with the Federation of Pharmaceutical Manufacturers Association of Japan (FPMAJ) in Osaka on October 6 for cooperation in the pharmaceutical sector.
Malaysia’s average Gross Domestic Product (GDP) is set to expand by 13 billion RM (2.85 billion USD) a year with the implementation of the Low Carbon Aspiration 2040 initiative, according to Prime Minister Ismail Sabri Yaakob.
The CLMV Action Plan for the 2023-2024 period was approved at the 14th Cambodia, Laos, Myanmar and Vietnam Economic Ministers' Meeting (CLMV-EMM 14), which took place on September 16 in the framework of the 54th ASEAN Economic Ministers' Meeting (AEM-54) in Cambodia's Siem Reap province under the chair of Vietnamese Minister of Industry and Trade Nguyen Hong Dien.