ASEAN News

For its next five-year action plan, the Asean Capital Markets Forum (ACMF) prioritizes transparency, regulatory harmonization, and capital building, with the objective of sustainably growing regional capital markets and promoting transactions in the field of environmental, social, and governance (ESG). Ruenvadee Suwanmongkol, Secretary-General of the Securities and Exchange Commission of Thailand (SEC), virtually attended the 33rd meeting of ACMF Chairs …

The Aviation Institute of Singapore called on the Association of Southeast Asian Nations (ASEAN) to consider a structure for travel bubbles in Southeast Asia. “While the Covid-19 pandemic has decimated the global aviation industry, the ten Southeast Asian countries comprising [ASEAN] have experienced declines in passenger traffic that have been much sharper than the global and Asia-Pacific averages,” says a …

SINGAPORE: On Tuesday (Dec 15), Moderna said it had reached an agreement with the Ministry of Health (MOH) of Singapore to supply the country with mRNA-1273, its COVID-19 vaccine. The agreement will “support ongoing efforts to secure access to a safe and effective COVID-19 vaccine for the people of Singapore” the biotechnology company said. The quantity of dosages and the …

SINGAPORE – Under a cooperation program rolled out earlier this month, educators from Singapore share their pedagogical expertise with their counterparts in Kazakhstan. The relationship between the Temasek Foundation, Nanyang Polytechnic (NYP) International, and the Ministry of Education and Science of Kazakhstan (MOES) focuses on science, technology, engineering, and mathematics (Stem). The three-part capacity and development program conducted by NYP …

SINGAPORE: Singapore plans to conclude a free trade agreement with Chile, Colombia, Mexico and Peru’s Pacific Alliance next year, Prime Minister Lee Hsien Loong’s press secretary announced on Friday (Dec 11). After three years of negotiations, Ms Chang Li Lin said a “substantial conclusion was reached in the agreement. A fruitful late night mtg with the leaders of Chile, Colombia, …

At VND5.1 trillion ($220 million), Covid-19 vaccine maker Nanogen Pharmaceutical Biotechnology JSC has been assessed higher than major pharmaceutical peers. A Nanogen Pharmaceutical Biotechnology Company representative said they started investigating the development of vaccines in March as the Covid-19 outbreak turned into a pandemic. For over six months, more than 300 employees of an HCMC-based company have been working overtime …

SINGAPORE – According to Singapore’s health ministry, the Singaporean passenger who tested positive for Covid-19 aboard a cruise ship has subsequently tested negative for the disease. The passenger, an 83-year-old man, was onboard the Quantum of the Seas of the Royal Caribbean, which set sail for a round trip to the city-state on Dec. 7 with no port of call …

The 13th ASEAN Forum on Migrant Labor (AFML) was held on November 10-12. In response to COVID-19, this theme was chosen to bring together governments, labor organizations, and civil society to address the unjust burden of COVID-19 on migrant workers. The virtual forum, hosted by Vietnam, the 2020 ASEAN Chair, was organized around the theme ‘Supporting Migrant Workers for a …

Singapore – According to the latest ASEAN 3 Macroeconomic Research Office survey, the amount of money sent home by migrant workers in the ASEAN bloc dropped in the second quarter of the year in the midst of the COVID-19 pandemic, in a troubling sign for household incomes and local economies (AMRO).In the second quarter of 2020, earnings transfers to Cambodia, …

According to a new report by Cisco and Jungle Projects, the rapid digitalization of the Asean (Association of Southeast Asian Nations) critical industries such as education, health care and the supply chain in the midst of the global pandemic has opened new possibilities for digital disruptors. The Emerging Disruptors from the Global Pandemic study looks at the transformation of critical …