RoK, Singapore agree to push bilateral cooperation

President of the Republic of Korea (RoK) Moon Jae-in and Singaporean Prime Minister Lee Hsien Loong have agreed to further strengthen bilateral economic and diplomatic cooperation, while working together to promote free trade and peace in the region.
RoK, Singapore agree to push bilateral cooperation ảnh 1RoK President Moon Jae-in (3rd from R) and Singaporean Prime Minister Lee Hsien Loong (3rd from L) at the talks on July 12 (Source: Yonhap)

Hanoi (VNA) - Presidentof the Republic of Korea (RoK) Moon Jae-in and Singaporean Prime Minister LeeHsien Loong have agreed to further strengthen bilateral economic and diplomaticcooperation, while working together to promote free trade and peace in theregion.

The leaders reached the consensus at their bilateral talks on July 12, which tookplace in the framework of Moon’s ongoing State visit to Singapore.

They agreed to continue expanding exchange of human resources and younglabourers, while expressing their belief that the friendship and cooperationbetween the two countries’ people are the most important foundation for thedevelopment of bilateral cooperation.

During the talks, the two sides discussed measures to peacefully denuclearize theKorean Peninsula, and shared their views on cooperation between the RoK andSingapore in the process to bring peace and prosperity to the region.

Moon and Lee also pledged to push collaboration in energy and startup, anddevelopment of new industrial fields, affirming that the two countries are crucialpartners of each other in the 4th industrial revolution.

They witnessed the signing of a Memorandum of Understanding on cooperation in newtechnology and market development in third countries.

Before the talks, Moon had a meeting with his Singaporean counterpart Halimah Yacob,during which the two sides agreed to boost the bilateral relations and jointefforts to ensure peace in the region where they share interests.

The RoK president called for expanding cooperation between the two countries inthe field of artificial intelligence, big data processing, financial technologyservices, biology, and pharmacy, through joint research projects, andtechnology and experience sharing.

For his part, Halimah applauded the RoK’s New South Policy under which Seoulwants to improve diplomatic and economic ties with Asian nations, includingASEAN.

He affirmed that Singapore will back the RoK’s efforts to accelerate the denuclearizationon the Korean Peninsula.

Moon is on a three-day visit to Singapore from July 11, which is the first state-levelvisit of a RoK President to Singapore over the last 15 years.-VNA

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.