Malaysia's aerospace industry is on track to meet its revenuetarget of 18 billion RM (about 3.84 billion USD) this year, with the industry expected to grow even faster next year as its product portfolio for the global aerospace supply chain expands.
Indonesian rice farmer Mudzakir expects to lose several tonnes of grain when he harvests later this year, as stems wither across his hardened fields in East Java.
Governor of the Bank Negara Malaysia (BNM) Abdul Rasheed Ghaffour has expressed belief that the Malaysian economy will expand by 4% this year and 4-5% next year, after reviewing the strong indicators of the economy.
Speaking after the APEC meetings, Prime Minister Lee Hsien Loong also says he hopes for progress in an Indo-Pacific trade deal which has been stalled by US politics.
Vietnam will play a more active role in cooperation between the Association of Southeast Asian Nations (ASEAN) and the US, especially within the framework of the ASEAN Defence Ministers' Meeting Plus (ADMM+), Minister of National Defence General Phan Van Giang affirmed on November 15.
Australia’s government launched its latest Digital Economy Strategy in October with a focus on leveraging digital technologies to boost economic growth and create jobs.
Malaysia plans to further solidify its involvement in China’s Belt and Road Initiative (BRI) and explore a wider economic partnership with the country in emerging growth areas such as sustainable development and green trade, Deputy Prime Minister Fadillah Yusof said on November 14.
The Lao Government and Naseng Wayo Renewable Development and Investment Co.Ltd, an affiliated company with US’s UPC Renewable Group, on November 13 signed a Memoradum on Understanding (MoU) on a feasibility study on wind power projects in Savannakhet province as well as a 500 kV power transmission line and a transformer station project connecting power plants using renewable energy in the central locality with neighbouring countries.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
