ASEAN, RoK reaffirm close partnership

Representatives from the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (RoK) have reaffirmed the importance of ASEAN-ROK Strategic Partnership and agreed to enhance cooperation and further strengthen the relationship.
Representatives from the Association of Southeast Asian Nations(ASEAN) and the Republic of Korea (RoK) have reaffirmed the importanceof ASEAN-ROK Strategic Partnership and agreed to enhance cooperation andfurther strengthen the relationship.

These werethe key outcomes of the 19th ASEAN-RoK Dialogue held on May 29 in Bali,Indonesia, according to a new release from the ASEAN Secretariat.

They discussed regional and international issues of common interestand concern and agreed to work together to promote peace and stability.

Both sides acknowledged the strong momentum of relationsparticularly since the Special Leaders’ Summit held in Seoul in December2014 to commemorate the 25th Anniversary of ASEAN-RoK DialoguePartnership.

ASEAN is the RoK’s second largest trading partnerand both sides committed to increase the two-way trade volume to reach200 billion USD by 2020 from 131 billion USD in 2014.

Inaddition to the ASEAN-Korea Centre which was established in Seoul in2009, the RoK intends to establish an ASEAN Culture House in Busan whichwould serve to boost bilateral cultural cooperation andpeople-to-people contact.

The plan is to complete the Culture House by 2017 to coincide with ASEAN’s 50th Anniversary.

Substantive progress has been made in cooperation projects under thecurrent Plan of Action (2011-2015) in areas such as food, agricultureand forestry, infrastructure development, science and technology, healthand assisting ASEAN narrow the development gap.

A new Plan ofAction is being developed for the period 2016-2020 which will provide acomprehensive framework and practical measures to further strengthen themutually beneficial cooperation.

During the meeting, bothsides shared their perspectives on the changing geopolitical landscapeand recent developments in the Southeast and Northeast Asia regionsnoting that instability in either could have implications for the widerEast Asian region.

Both sides emphasised the importance ofensuring peace and stability in the East Sea, including the maintenanceof maritime security, freedom of navigation and freedom of over-flightwhich is a vital regional interest.

ASEAN and theRoK also agreed to strengthen cooperation to jointly address emergingnon-traditional security challenges such as transnational crimesincluding international terrorism and violent extremism, climate changeand disaster management.

The RoK is committed to work togetherwith ASEAN in the ASEAN-led mechanisms such as the ASEAN Plus One,ASEAN Plus Three, ASEAN Regional Forum, ASEAN Defense Ministers’ MeetingPlus and East Asia Summit to promote regional peace and prosperity andshape the future regional architecture.

The RoK reaffirmed itssupport for ASEAN’s central role in these regional frameworks. ASEANacknowledged the active role and contribution of the RoK in promotingEast Asian integration.-VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.