Asean balance sheets holding up ‘very well’ – Eastspring investments
KUALA LUMPUR: ASEAN economies’ balance sheets have held up “very well” amid the enduring pressures from the United States (US) economic trend and interest rate hike for the last two years, said a portfolio manager. Eastspring Investments Asia equities portfolio manager Sundeep Bihani said ASEAN would still feel the pressure of the lagged effect of […]
Malaysia poised to become a central hub for family offices in Asean
BY SHARIFAH PIRDAUS SYED ALI KUALA LUMPUR: Malaysia is poised to emerge as a key ASEAN hub for private wealth management advisory firms that serve ultra-high-net-worth families, also known as family offices, leveraging its stable financial markets and highly skilled workforce. Juwai IQI global chief economist Shan Saeed said family offices are increasingly looking towards […]
Abang Johari to showcase Sarawak’s hydrogen economy success at ASEAN Energy Forum in Bali
KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg is scheduled to present Sarawak’s achievements in the hydrogen economy at the ASEAN Energy Forum in Bali on Oct 31. He revealed that he will be speaking at the forum alongside Indonesian President Joko Widodo. “I was invited to give my views this coming Monday […]
Indonesia passes Asean chairmanship baton to Laos
JAKARTA: Laos symbolically took over the chairmanship of the Association of Southeast Asian Nations (Asean) from Indonesia this year and will host Asean in 2024 with the promise of building an increasingly connected and resilient Asean, ANTARA news agency reported. “Laos received the honour to become chairman of ASEAN in 2024. We will work on […]
IMF recommends three steps for Asean to survive economic challenges
JAKARTA: The International Monetary Fund (IMF) has recommended three main steps for Asean member countries to survive through the current difficult economic challenges, including inflationary pressures and liquidity tightening, reported ANTARA news agency. IMF managing director Kristalina Georgieva said that Asean countries were quite affected by the global pandemic of Covid-19, especially in terms of […]
Jokowi welcomes delegates of 43rd Asean Summit
JAKARTA: President Joko Widodo (Jokowi) and First Lady Iriana welcomed the arrival of heads of state and government participating in the 43rd summit of the Association of Southeast Asian Nations (Asean) in Jakarta on Tuesday, reported ANTARA news agency. The couple personally welcomed and greeted the delegates who started arriving at the Plenary Hall of […]
South Korea’s Yoon says Pyongyang poses direct threats to Asean
SEOUL: North Korea’s ever-advancing nuclear and missile programmes pose direct and existential threats to the member countries of the Association of Southeast Asian Nations (Asean), South Korean President Yoon Suk Yeol has said. According to Yonhap news agency, Yoon made the remark in a written interview with the Indonesian daily Kompas ahead of a visit […]
Sarawak makes strong case for better connectivity
KUCHING: Opening more routes to Sarawak will provide more convenient accessibility for visitors from other countries. Federation of Chinese Associations of Sarawak president Datuk Richard Wee felt that more arrivals from different destinations will improve the current inefficient connectivity to the state. He was reacting to Tourism, Creative Industry, and Performing Arts Minister Datuk Seri […]
Asean officials to discuss environmental issues, transboundary haze
VIENTIANE: Environmental officials from the Association of Southeast Asian Nations (Asean) have met in Lao capital Vientiane to discuss a number of environmental issues and to enhance cooperation in resolving transboundary haze pollution, reported Xinhua. The 18th Meeting of the Committee under the Conference of the Parties to the Asean Agreement on Transboundary Haze Pollution […]
Association hopes for food security cooperation with Russia, India
SEMARANG: Chairperson of the Association of Southeast Asian Nations-Business Advisory Council (ASEAN-BAC) 2023 Arsjad Rasjid hopes to establish food security cooperation with Russia and India at the 55th ASEAN Economic Ministers’ (AEM) Meeting, reported ANTARA news agency. He conveyed hope after India and Russia recently implemented restrictive policies related to their food products, which could threaten global […]
