RUSSIA-UKRAINE CRISIS: Limited impact on ASEAN economies, currencies
KUALA LUMPUR: Analysts have mixed views on the impact of the Russia-Ukraine conflict on ASEAN economies and currencies. CGS-CIMB said ASEAN nations, in particular, Malaysia, Singapore, Indonesia and Thailand, seemed to have experienced limited impact during times of global conflict. “We notice negative impact on stock prices at the onset of the crisis, but no […]
Recoda to spur growth potentials in rural areas
KUCHING: Strategic masterplans have been drawn up to develop traditional rural areas in order to spur growth potentials and attract renewable energy investments. Regional Corridor Development Authority (Recoda) chief executive officer Datuk Ismawi Ismuni said the focus areas are in the central region to the hinterland and the state’s northern region. “To attract investors, it […]
Strengthening Asean-India MSMEs could help drive post Covid-19 growth recovery
KUALA LUMPUR: Strengthening support for micro, small and medium enterprises (MSMEs), which are the backbone of the economies of Asean and India could help facilitate and drive growth recovery in the post Covid-19 period. Asean-India Business Council (AIBC) co-chairman Datuk Ramesh Kodammal highlighted this in his intervention during the 18th Asean-India Economic Ministers Consultations held […]
Without herd immunity, Asean sees surge in Covid-19 numbers
KUALA LUMPUR: After dodging the worst of Covid-19 since the pandemic surfaced last year, many of Asean member nations now appear to be grappling with the rapid surge in infections following the emergence of new variants especially the Delta variant. On Friday, Indonesia logged 54,000 new daily cases, while Malaysia (12,541), Thailand (9,692), Myanmar (6,194), […]
Asean-US must focus on reigniting economies impacted by Covid-19
PUTRAJAYA: Asean and the United States (US) must focus on reigniting their economies and reversing the damages brought by Covid-19 pandemic, said Senior Minister of Foreign Affairs Datuk Seri Hishammuddin Tun Hussein. Speaking at the Asean-US Foreign Ministers’ Meeting held virtually on Wednesday, Hishammuddin said both sides should use this opportunity to further enhance their […]
Asean to set up new cybersecurity centre in Singapore
SINGAPORE: Singapore’s Ministry of Defence announced a new cybersecurity and information centre of Asean will be set up in Singapore for better exchange of information among defence ministries of member countries to combat cyber security threats and misinformation, reported VNA. The establishment of the centre was approved at the 15th Asean Defence Ministers’ Meeting (ADMM […]
Millennials in middle management can optimise digitalisation benefits for Malaysia
KUALA LUMPUR: More millennials in middle management can put the private sector in a good position to carve out the full benefits of digitalisation when the economy recovers, prominent entrepreneur Datuk Seri Vijay Eswaran said. The QI Group founder and executive chairman said companies could set a human resource target of 30 per cent millennials […]
Singapore 1st Asean country to ratify huge trade pact
JAKARTA: Singapore formally ratified the Regional Comprehensive Economic Partnership (RCEP) — the world’s largest free trade agreement on Friday, making it the first Association of Southeast Asian Nations (Asean) member state to do so. “We are the first country to complete the official ratification process by depositing our instrument of ratification with the Secretary-General of […]
Airbus upbeat on Malaysia, Asean air travel growth post-pandemic
KUALA LUMPUR: Aircraft manufacturer, Airbus is upbeat on Malaysia’s quick recovery post-pandemic and the country is poised to record strong air traffic growth in the Asean region, said its Asia-Pacific President Anand Stanley. “The demand for air travel (from the people) will be higher in this region, and the (regional) airlines will have a strong […]
Asean should work towards international standards in providing universal internet connectivity
KUALA LUMPUR: Asean countries should work towards international standards in providing universal internet connectivity in order for the digital economy to grow, said a digital marketing and personal branding trainer. The founder of Digital Marketing Rider, Shalini Subramaniam, said an education system that will adapt to demands for a digital future and stronger safety nets […]
