Thailand is exploring a partnership with Hong Kong to establish a financial hub aimed at connecting ASEAN markets.
Thailand is yet to finalize terms of an extension to a multilateral deal with Singapore to import hydropower from Laos through Malaysia and Thailand, a senior Thai government official told Reuters on Tuesday, Oct. 22.
New deal, set to be signed next year, to include integration of digital infrastructure and electronic payment systems
On 23 September 2024, the Senate of the Philippines adopted Senate Resolution No. 192 entitled: “Resolution Concurring in the Free Trade Agreement (FTA) Between the Government of the Republic of the Philippines and the Government of the Republic of Korea.” With 21 senators voting in favor, the Senate’s concurrence completes the country’s ratification process of the trade deal.
Asean Inter-Parliamentary Assembly (AIPA) members must enhance cooperation in infrastructure, trade, tourism and digital transformation to drive regional connectivity, foster inclusive growth, and create a conducive environment for social economic progress, says Malaysian Dewan Rakyat Speaker Tan Sri Johari Abdul.
THE Philippines and Malaysia have agreed to further elevate their ties, particularly in the defense, economic and cultural fields, the Department of Foreign Affairs (DFA) said on Saturday.
The Philippines and Australia aim to strengthen their economic relations by promoting more significant trade and investments.
Geoeconomic fragmentation affects ASEAN+3 and the euro area, altering trade patterns and financial vulnerabilities. ASEAN benefits, while Europe faces increased distant exposures, prompting need for strategic adaptation and regional support.