ASEAN eyes forming trade pact with Gulf Cooperation Council

ASEAN eyes forming trade pact with Gulf Cooperation Council

The Association of Southeast Asian Nations (ASEAN) recently dropped another hint that they might try to strike a trade pact with the Gulf Cooperation Council (GCC) as the former tries to boost its trade with partners outside the region.
Malaysia s economy grows higher than forecast in Q2
Malaysia's economy grows higher than forecast in Q2
Malaysia's economy is anticipated to have expanded at a faster pace in the second quarter than the first, government advance estimates showed on July...
Five people survive after helicopter crashes in Indonesia
Five people survive after helicopter crashes in Indonesia
Three Indonesians and two Australian nationals survived after a tourist helicopter crashed on Indonesian island of Bali on July 19.
ADB raises developing Asia and the Pacific’s economic growth forecast for 2024
ADB raises developing Asia and the Pacific’s economic growth forecast for 2024
(CPV) - The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a...
ADB, partners to increase access to clean energy in Kiribati
ADB, partners to increase access to clean energy in Kiribati

(CPV) - The Asian Development Bank (ADB) joined the Government of Kiribati and other development partners in a groundbreaking ceremony today to officially mark the first step toward the construction of the largest solar photovoltaic plant in Kiribati.

Easing inflation, domestic demand to support faster Philippine growth
Easing inflation, domestic demand to support faster Philippine growth

(CPV) - The Philippine economy is expected to post faster growth this year and the next on the back of slowing inflation, stronger and broad-based domestic demand, and higher public investment, according to a new report released by the Asian Development Bank (ADB) on April 11th 2024.

ADB forecasts developing Asia’s economy to grow 4 9 in 2024
ADB forecasts developing Asia’s economy to grow 4.9% in 2024

(CPV) - Developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism.

Laos strengthens road safety measures during Bunpimay festival
Laos strengthens road safety measures during Bunpimay festival

The Ministry of Public Security of Laos will deploy more than 700 traffic police officers to over 100 intersections across the capital Vientiane to ensure road safety during the Lao New Year celebration, Bunpimay festival, in mid-April.

ADB readies ASEAN climate finance policy platform
ADB readies ASEAN climate finance policy platform

(CPV) - The Asian Development Bank (ADB) plans to launch an ASEAN Climate Finance Policy Platform, which will support Southeast Asian finance ministry leaders in advancing collective action in the battle against climate change, ADB President Masatsugu Asakawa announced on the early of April.

Indonesia strives to control domestic rice prices
Indonesia strives to control domestic rice prices

Head of the National Food Agency of Indonesia (Bapanas) Arief Prasetyo Adi said on April 4 that the rice assistance programme for citizens is progressing positively, contributing to price control.

ASEAN commits to close finance-banking cooperation
ASEAN commits to close finance-banking cooperation

A Vietnamese delegation led by Minister of Finance Ho Duc Phoc and Deputy Governor of the State Bank of Vietnam Pham Quang Dung attended the 11th ASEAN Finance Ministers and Central Bank Governors’ Meeting (11th AFMGM) held in Luang Prabang, Laos, on April 5.

Sustainable bond market posts strong growth in ASEAN+3 economies
Sustainable bond market posts strong growth in ASEAN+3 economies

(CPV) - The sustainable bond market of member economies of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), Japan, and the Republic of Korea expanded 29.3% last year, outpacing the 21% growth of the global and euro-area sustainable bond markets, according to a new report by the Asian Development Bank (ADB).

Thailand works to conserve coral reefs
Thailand works to conserve coral reefs

Thai marine biologists are making efforts to save the country’s reefs from degradation driven by warming oceans and human activity like tourism.

Indonesia encourages use of EV
Indonesia encourages use of EV

Indonesia continues to push the use of electric vehicles (EVs) with the dream of bluer skies and cleaner air with lower pollution in the country.

Australia s future lies in ASEAN Scholar
Australia's future lies in ASEAN: Scholar

Emeritus Professor Hal Hill from the Crawford School of Public Policy at the Australian National University has affirmed that Australia's future really lies in ASEAN.

Thailand, IOM collaborate on int’l worker migration policies
Thailand, IOM collaborate on int’l worker migration policies

Thai Minister of Labour Pipat Ratchakitprakarn has extended a warm welcome to Geraldine Ansart, Chief of Mission in Thailand at the International Organization for Migration (IOM), and the delegation from IOM to Thailand, as both parties discussed the international migration of workers.

ASEAN-Australia Special Summit marks significant milestone Australian Ambassador
ASEAN-Australia Special Summit marks significant milestone: Australian Ambassador

The leaders of ASEAN member states and Timor-Leste are descending on Melbourne for a Special Summit to celebrate 50 years since Australia became ASEAN’s first Dialogue Partner in 1974 – an achievement of which Australia is very proud, Australian Ambassador to Vietnam Andrew Goledzinowski has said in his op-ed on the upcoming big event.