Indonesian Minister of Industry Agus Gumiwang Kartasasmita on August 17 announced a strategy to replace 35 percent of imported products in 2022 so as to bolster self-reliance and promote the domestic industrial sector.
Institutional collaborations between ASEAN and India would further boost the people to people relationship leading to the all round development of the region, said policy makers, diplomats, experts, academicians and advocated for strategic partnerships with close tie-ups.
Amid the great U.S.-China tech divide, Southeast Asia and its fast-growing digital markets have become a main battleground for the digital behemoths of both superpowers.
Vice President Kamala Harris is heading to Singapore and Vietnam this weekend for a timely visit to an increasingly important part of the world.
The United Kingdom’s proposed “tilt” to the Indo-Pacific was met with plenty of scepticism, including from this author, when it was unveiled in March as part of a broader Integrated Review of defence and foreign policy.
The Federation of Korean Industries (FKI) said on August 17 that despite the COVID-19 pandemic, investment inflows in ASEAN members states still account for 20.3 percent of the Republic of Korea (RoK)’s outbound investment, making the bloc its most important investment destination.
The Philippines Securities and Exchange Commission (SEC) on Tuesday said it has issued the rules for cross-border investments within the Association of Southeast Asian Nations (Asean), which will allow qualified local investment companies to offer their shares to Malaysia, Singapore and Thailand, and vice versa.
Bilateral trade between Cambodia and Japan increased in the first half of this year, recovering from last year, which was hit hard by the pandemic.