Lion Parcel, an Indonesian logistics company, has expanded into Malaysia, opening an office in Subang Jaya to establish itself as a regional logistics player. CEO Farian Kirana sees Malaysia as a gateway for cross-border delivery and trade, leveraging Kuala Lumpur International Airport’s connectivity to enhance services in Southeast Asia and beyond.
Tag: economy
China’s Service Export Boom and the Future of Global Business
The global trade landscape is shifting from goods to services, particularly in China, where service exports, especially in travel and transportation, are surging. This transformation fosters unique cultural experiences and technological engagement, reshaping international interactions. However, it poses challenges and opportunities for sustainability, competition, and collaboration in a new globalized economy.
Vietnam’s Elevation by France Signals Shifts in ASEAN Geopolitics
France’s awarding of the Grand Cross Medal of Merit to Vietnam’s leaders marks a significant shift in relations. This recognition elevates Vietnam’s role within ASEAN and as a conduit for European investment and technology. While fostering opportunities, it may challenge neighbors and provoke China, complicating ASEAN’s unified diplomacy amid heightened regional competition.
Thailand’s Automotive Tax Restructuring: A Catalyst for ASEAN Integration and Long‑Term National Competitiveness
Thailand’s automotive industry is at a pivotal moment with plans to restructure the excise tax, aiming to boost investment, domestic production, and supply chain collaboration. Encouraging the use of local parts, the initiative seeks to position Thailand as a global automotive hub, enhance ASEAN integration, and foster sustainable growth, particularly for SMEs.
Electric Vehicle Surge Drives Thailand’s Push to Become a World‑Class Automotive Hub
The Federation of Thai Industries supports restructuring the automotive excise tax to enhance investment, boost domestic production, and strengthen supply chains, particularly for SMEs. A recent meeting discussed leveraging tax policy to position Thailand as a global automotive hub, capitalizing on the growing electric vehicle market and ensuring fair competition and technological advancement.
Can Russia’s Tungsten Ambitions Challenge China’s Market Grip
Russia aims to reenter the global tungsten market amidst supply chain strains and heightened geopolitical competition. With vast reserves yet minimal output, it seeks to revive production by 2028 in response to soaring demand and rising prices. Challenges remain, but successful exploration and investment could shift global mineral dynamics significantly.
How Vietnam Is Becoming Central to High Tech Production
Samsung is shifting its supplier selection criteria in Vietnam, prioritizing quality and sustainability over mere pricing. With $24 billion in investments, the company aims to enhance local manufacturing through smart factories and human resource development. Vietnam’s strategic location and commitments to globalization position it as a burgeoning hub for supply chains.
Thailand’s SMEs Eye Global Growth Through Free Trade Agreements
Thailand’s Department of Foreign Trade is prioritizing support for small and medium-sized enterprises ahead of the 2027 Thailand–EFTA Free Trade Agreement. This initiative aims to enhance market access in Europe and improve the quality of Thai exports. Promotions and strategies are planned to maximize FTA benefits, particularly in emerging markets.
The Netherlands Repositions Reserves Amid Global Uncertainty
The Dutch central bank recently transferred 86 metric tons of gold to the Bank of England, highlighting concerns over geopolitical tensions and the need for accessible reserves. This shift, reflecting a broader European trend, underscores a diminishing reliance on U.S. vaults and emphasizes gold’s role in ensuring liquidity and financial sovereignty amid uncertainty.
Thailand’s Export Reinvention Amid China’s Changing Import Demands
China’s agricultural sector is achieving self-reliance, drastically cutting imports of grains and meats while boosting exports. Thailand faces pressure on rice and sugar exports but can capitalize on rising demand for premium fruits and seafood. To succeed, Thai exporters must enhance quality, diversify markets, and adapt to changing consumer preferences in China.
