Jakarta, May 6 (ANTARA) – Indonesia, current chair of ASEAN, is leading an effort to foster economic and trade cooperation between ASEAN and the European Union, two regions if combined together would form a huge market of one billion population and a combined gross domestic product (GDP) of US$16.7 trillion.
Crude prices remained at 30-month highs last week as supply worries persisted amid turmoil in Libya and the Middle East. Concerns over softer demand, triggered by interest rate hikes in China and Europe and a major aftershock in Japan, capped a further rally. ICE Brent gained $7.95 from the previous week to settle at $126.65 a barrel. West Texas Intermediate (WTI) rose $4.85 to $112.79.
PHNOM PENH : The European Union, despite the ongoing economic woes of some of its members, is keen to increase its trade and investment into the smaller countries of Asean as it says there is a greater potential for growth in this part of the world.
Thailand Board of Investment (BOI) has offered new measures to help allevaite the impact from strong bath