Philippine President calls for global cooperation against COVID-19

Philippine President Rodrigo Duterte called for global cooperation in the COVID-19 fight at the the Future of Asia Conference held virtually on May 21, underlining the need for equal access to COVID-19 vaccines.
Hanoi (VNA) – Philippine President Rodrigo Dutertecalled for global cooperation in the COVID-19 fight at the the Future of Asia Conference held virtually onMay 21, underlining the need for equal access to COVID-19 vaccines.

He held that without fostering global collaboration in thework, the de-globalisation process will lead to the loss of trade opportunities to developing countries.

Duterte affirmed that the country will not take sides in theongoing "big power competition" and urged large countries not topursue dominance to the detriment of smaller ones, referring to the US andChina.
 
"Great powers must resist the temptation to pursue interests at theexpense of smaller countries, in plain defiance of international law,"Duterte said, adding that "the pandemic has shown us that zero-sumapproaches are self-defeating and ultimately futile. What hurts one ends uphurting everyone else."

The Future of Asia is an international gathering wherepolitical, economic and academic leaders from the Asia-Pacific region offertheir opinions frankly and freely on regional issues and the role of Asia inthe world. Held by Nikkei every year since 1995 (excepting for 2020 due to the COVID       -19 pandemic), it is considered one ofthe most important global conferences in Asia.

This year, the event has been held online with the participation of many Asianleaders, including Lao President Thongloun Sisoulith, Cambodian PM CampuchiaSamdech Techo Hun Sen, Malaysian PM Muhyiddin Yassin, Thai PM Prayut Chan-ocha,Singapore Deputy PM and Coordinating Minister for Economic Policies Heng Swee Keat, and VietnamesePM Pham Minh Chinh.

During the two-day conference, participants shared opinionson how Asia enters a new era amid current great instability./.
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.