ASEAN is a peaceful region, which makes it a conducive location for foreign direct investment and business ventures that can come from across the globe, said the chief economist of Bank Muamalat Malaysia Berhad.
This strategic pivot comes as ASEAN deepens regional integration through the ASEAN Economic Community (AEC) initiative, which aims to address non-tariff barriers, improve connectivity, and enhance supply chain resilience.
The most immediate impact of Trump’s tariffs will be inflation, both in the US and worldwide. As import costs rise, businesses will pass these costs onto consumers, driving up prices, said Professor Phar Kim Beng of ASEAN Studies at the International Islamic University of Malaysia (IIUM).
ASEAN boasts an attractive investment environment, strong economic vitality, and a steadfast commitment to regional development, said Cambodian PM Hun Manet.
As ASEAN Chair, Malaysia aims to enhance intra-ASEAN trade and investment while also leading efforts to explore and expand economic cooperation and partnerships beyond the region.
For ASEAN, leveraging intangible assets is no longer an option, it’s an imperative. By unlocking the region’s intangible assets, ASEAN can transform this moment of promise into a legacy of tangible growth, securing its position as a global leader in innovation, productivity and prosperity.
The 19th Meeting of the Working Group on the ASEAN Forum on Taxation (WG-AFT 19) and the 16th Meeting of the ASEAN Sub-Forum on Excise Taxation are taking place in Luang Prabang province of Laos from October 14-16.
Malaysia has proposed three key strategies to strengthen the economic resilience of the Association of Southeast Asian Nations (ASEAN) amid slowing global growth, rising geopolitical tensions, and increasing economic fragmentation.
The 33rd Meeting of the ASEAN Customs Directors-General will take place from June 4-6 on the island city of Phu Quoc in the southern province of Kien Giang.
National Assembly (NA) Chairman Vuong Dinh Hue’s participation at the 44th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-44) in Indonesia shows Vietnam’s commitment to acting as an active, proactive and responsible member of the AIPA for the development of parliamentary diplomacy, as well as interest of all people in ASEAN.
The private sector has presented their views and inputs towards the development of the ASEAN Strategy for Carbon Neutrality at the recent 9th ASEAN Economic Community (AEC) Dialogue in Jakarta, Indonesia.
A delegation of the State Bank of Vietnam (SBV), led by its Deputy Governor Pham Tien Dung, attended the ASEAN Central Bank Governors’ Meeting, the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, and related events in Bali, Indonesia, from March 28 - 31.
The ASEAN - India Start-Up Festival 2022 has been held in Jakarta, Indonesia, by the ASEAN Committee on Science, Technology and Innovation (COSTI), in partnership with the Indian Department of Science and Technology (DST), through the National Research and Innovation Agency (BRIN) of Indonesia and Start-up Incubation and Innovation Centre (SIIC) IIT Kanpur.
The number of digital consumers in ASEAN has risen by nearly 20% to more than 316 million since the outset of the COVID-19 pandemic, according to Deputy Secretary-General for the ASEAN Economic Community Satvinder Singh.
The Laos - Thailand - Malaysia - Singapore Power Integration Project (LTMS-PIP) has been officially approved by governments of the ASEAN member countries involved in the ASEAN Vision 2020, opening up prospects of establishing an intra-bloc power grid system.
Joining the Association of Southeast Asian Nations (ASEAN) was the first step of Vietnam in the process of international integration, and the bloc has served as a gateway for the country’s integration into the region and the world, an official has said.
Laos will soon sell electricity to Singapore under the Laos - Thailand - Malaysia - Singapore Power Integration Project (LTMS-PIP), Vientiane Times reported.
