ASEAN News

METRO MANILA – Moody’s Investors Service said on Monday that Philippines may suffer the negative consequences of expensive payment as early as next year. In a research note which explored a scenario of a prolonged dollar weakness, Moody’s Investors Service said that it threatens to further deteriorate the fiscal house of Asian economies especially for countries like Indonesia, Sri Lanka …

SINGAPORE – After successfully reaching an in-principle agreement to establish a bilateral Air Travel Bubble with Hong Kong, Singapore is now aiming to make a similar agreement with its neighbor, Malaysia. According to Transport Minister Ong Ye Kung, The country would really like to have an air bubble with Malaysia. He said that the initiative will have to wait and …

DHAKA – Bangladeshi State Minister for Foreign Affairs Shahriar Alam said that the country is looking forward to connect and establish road and railway links to ASEAN and China. As the chief guest at a webinar “Bangladesh-China Development Cooperation: Experience Outlook”, Alam said that they have reached out to the Chinese embassy in Dhaka to discuss the possible partnership between …

ASEAN – Civil organizations of China and the Association of Southeast Asian Nations (ASEAN) member countries have pushed to promote economic and industrial recovery as well as regional cooperation in the post-Covid-19 era. In a virtual meeting chaired by Gu Xiulian, president of China-ASEAN Association, they published the initiative on Monday together with the leaders of the civil organizations. Gu …

Singapore- Energy Market Authority (EMA) has announced that Singapore will import electricity from Peninsular Malaysia under a two-year trial run. According to EMA, the trial aims to “assess and refine the technical and regulatory frameworks” for importing electricity. It further added that Singapore decided to change the way it produces and uses energy to meet the country’s climate change commitments …

ASEAN – Rabobank predicts that the Asean region is on it’s way to become the decade’s hungriest dairy consumers. According to the report posted by Rabobank, the current 12.9 billion litre annual milk deficit across the ASEAN. The region consumes 12.9 billion litre annual milk and is looking to expand up to 19 billion litres by the year 2030. The …

TOKYO – Japan and India are now looking to expand cooperation with with ASEAN nations after their recent move to cooperate with each other in various tech and critical information infrastructure areas. In the Asean region, both country are particularly looking at the Indo-Pacific cybersecurity. The cybersecurity cooperation and collaboration activities between ASEAN and Japan was one of the major …

SINGAPORE – Hong Kong and Singapore announced on Friday that it has agrred to set up a travel bubble that will allow residents to travel between the two countries as long as they passed the Covid-19 screening. Under the agreement, residents of both cities wanting to travel must test negative for the Covid-19 virus and will be flying only on …

HANOI – Vietnam and Japan have formally agreed to implement a new policy that will allow certain groups from one country to enter another without undergoing the usual mandatory 14-day quarantine. According to the Vietnamese Ministry of Foreign Affairs, the new policy will be taking effect starting November 1. after an agreement was reached during the Japanese Prime Minister Yoshihide …

Chinese Vice Foreign Minister Luo Zhaohui, Chinese Ambassador to ASEAN Deng Xijun with ASEAN Secretary-General Lim Jock Hoi and ASEAN Deputy Secretary-General Kung Phoak takes part in the virtual opening of the ASEAN-China Young Leaders Scholarship (ACYLS) 2020 with the aim of enhancing people-to-people exchanges between the two partners. According to Chinese Vice Foreign Minister Luo the ASEAN-China Young Leaders …