ASEAN, RoK promote mutually beneficial economic partnership
The ASEAN-Korea Centre, in coordination with the International Contractors Association of Korea (ICAK), will hold the 9th ASEAN Connectivity Forum on 18-19 January, aiming to further promote mutually beneficial economic partnership.
Jakarta (VNA) – TheASEAN-Korea Centre, in coordination with the International ContractorsAssociation of Korea (ICAK), will hold the 9th ASEANConnectivity Forum on 18-19 January, aiming to further promote mutually beneficial economic partnership.
The online event will focus on sustainable infrastructure and digitalinnovation, drawn from the five strategic areas in the Master Plan on ASEANConnectivity (MPAC) 2025 of ASEAN.
Lee Seong-ho, Deputy Minister forEconomic Affairs of the Republic of Korea’s Ministry of Foreign Affairs, andYeap Samnang, Chair of ASEAN Connectivity Coordinating Committee and PermanentRepresentative of Cambodia to ASEAN, will deliver their keynote speeches on theprogress and challenges facing connectivity projects during the COVID-19pandemic.
The forum will also discussASEAN connectivity in the post-COVID era and ways to promote bankability ofvarious connectivity projects.
In the second day, theASEAN-ROK Programme Management Team based in Jakarta will present ways toutilise the ASEAN-Korea Cooperation Fund for connectivity projects while representativesof ASEAN member states will mention projects in the fields of transport, energyand development of smart cites.
At the 22nd ASEAN-ROK Summitin November last year, ASEAN and RoK leaders emphasised stronger cooperation onconnectivity, including the development of smart cities.
🐽 In this context, the forum is expected to boost mutuallybeneficial economic partnership between the two sides by promotingparticipation of RoK firms in ASEAN’s connectivity projects./.
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Vietnamese Minister of National Defence General Phan Van Giang spoke highly of cooperation commitments of the Republic of Korea (RoK) to the Association of Southeast Asian Nations (ASEAN) at the ASEAN-RoK Defence Ministers’ Informal Meeting held virtually on November 10.
Vietnamese Deputy Foreign Minister Nguyen Quoc Dung, head of the SOM ASEAN Vietnam and his counterpart from the Republic of Korea (RoK) Yeo Seung-bae chaired a Vietnam-RoK consultation on the coordination of the ASEAN-RoK relationship in the 2021-2024 period on November 29.
The Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (RoK) have agreed to settle difficulties in customs procedures for more effective implementation of their free trade agreement (FTA), according to the RoK’s Ministry of Economy and Finance.
The ASEAN-Korea Music Festival ROUND 2021, hosted by the Korean broadcasting company KBS and sponsored by the Government of the Republic of Korea (RoK) through the ASEAN-Korea Cooperation Fund, will be held online on January 9, 2022, according to the ASEAN Secretariat.
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Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
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Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
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Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
Illustrative image (Photo: //asean.org/) 
