Malaysia attaches importance to high-quality investments, start-ups

Malaysia attaches importance to high-quality investments, start-ups

Six Malaysian ministers on Monday made a joint commitment to ensure a coherent approach to achieve the goal of the Kuala Lumpur 20 Summit 2024 (KL20 Summit 2024) to make Malaysia a vibrant hub for startups and high-quality investments.

Southeast Asia - Mon, April 22, 2024 | 10:10 pm GTM+7

Thailand expects to export 1 million tonnes of durian this year

Thailand expects to export 1 million tonnes of durian this year

Thailand expects to export about 1 million tonnes of durian, valued at an estimated THB130 billion ($3.53 billion) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.

Southeast Asia - Mon, April 22, 2024 | 10:09 pm GTM+7

Thailand urged to increase proportion of renewable power generation

Thailand urged to increase proportion of renewable power generation

The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).

Southeast Asia - Mon, April 22, 2024 | 10:07 pm GTM+7

Malaysia sees increased number of young millionaires

Malaysia sees increased number of young millionaires

The number of young millionaires in Malaysia is on the rise, with a 75% increase in millionaires aged 30 and under recorded in 2022.

Southeast Asia - Mon, April 22, 2024 | 10:07 pm GTM+7

Thai government targets 20 million jobs from 'soft power' project

Thai government targets 20 million jobs from 'soft power' project

The Thai government will kick off its One Family One Soft Power (OFOS) project in June, aiming to create 20 million jobs with a minimum annual salary of THB200,000 (about $5,400), said a senior official.

Southeast Asia - Mon, April 22, 2024 | 10:05 pm GTM+7

Thailand promotes AI, creative economy

Thailand promotes AI, creative economy

The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power.

Southeast Asia - Sun, April 21, 2024 | 10:41 pm GTM+7

Thailand’s EV sales forecast to miss target

Thailand’s EV sales forecast to miss target

Electric vehicle (EV) sales in Thailand may fail to reach the estimate of 130,000 units this year as prices are likely to keep changing, according to Hyundai Mobility Thailand.

Southeast Asia - Sat, April 20, 2024 | 11:48 am GTM+7

Indonesia develops sustainable tourism

Indonesia develops sustainable tourism

Indonesia has been working to realize its goal of building a quality, sustainable and environmentally friendly tourism industry.

Southeast Asia - Sat, April 20, 2024 | 11:45 am GTM+7

ASEAN foreign ministers call for end to Myanmar violence

ASEAN foreign ministers call for end to Myanmar violence

ASEAN foreign ministers on Friday issued a statement calling on all parties to immediately cease violence and exercise maximum restraint in the border areas of Myanmar.

Southeast Asia - Sat, April 20, 2024 | 11:40 am GTM+7

Food security, climate change top ASEAN agenda during Malaysia’s chairmanship

Food security, climate change top ASEAN agenda during Malaysia’s chairmanship

Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on Friday.

Southeast Asia - Sat, April 20, 2024 | 11:39 am GTM+7

Thailand gives financial support to Laos for road maintenance

Thailand gives financial support to Laos for road maintenance

The Thai cabinet has approved THB1.8 billion (about $48.8 million) in financial assistance for the Lao Government to maintain and improve Highway R12, shortening the travel time from Thailand’s Nakhon Phanom province, through Laos, to the Vietnamese border in the central province of Quang Binh.

Southeast Asia - Sat, April 20, 2024 | 11:36 am GTM+7

Malaysia to cut down on petrol subsidies this year

Malaysia to cut down on petrol subsidies this year

Malaysian Economy Minister Rafizi Ramli has announced that the country will reduce petrol subsidies this year to narrow its fiscal deficit.

Southeast Asia - Fri, April 19, 2024 | 5:36 pm GTM+7

Thailand, EU hope to sign FTA in mid-2025

Thailand, EU hope to sign FTA in mid-2025

Before the Songkran holiday, senior officials from Thailand and the European Union (EU) met in Bangkok to discuss ways to promote their relationship, including the framework of the Free Trade Agreement (FTA), green transformation, and Schengen visa waiver, Thai media has reported.

Southeast Asia - Fri, April 19, 2024 | 5:35 pm GTM+7

India’s trade deficit with ASEAN widens

India’s trade deficit with ASEAN widens

India's trade deficit with the Association of Southeast Asian Nations (ASEAN) has more than doubled since the implementation of the ASEAN-India Trade in Goods Agreement (AITIGA) in 2010.

Southeast Asia - Fri, April 19, 2024 | 5:34 pm GTM+7

Thailand, New Zealand agree to elevate ties to strategic partnership

Thailand, New Zealand agree to elevate ties to strategic partnership

Thailand and New Zealand on Wednesday agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.

Southeast Asia - Thu, April 18, 2024 | 10:40 pm GTM+7

Indonesia enhances vigilance against money laundering

Indonesia enhances vigilance against money laundering

Indonesian President Joko Widodo on Wednesday called on the Financial Transaction Reports and Analysis Center (PPATK) and related ministries to remain alert to new methods of money laundering, including those involving the cryptocurrency market.

Southeast Asia - Thu, April 18, 2024 | 10:39 pm GTM+7

Apple eyes manufacturing in Indonesia: CEO Cook

Apple eyes manufacturing in Indonesia: CEO Cook

Apple CEO Tim Cook said the company will “look at” manufacturing in Indonesia following a meeting with the Southeast Asian country’s President Joko Widodo on Wednesday.

Southeast Asia - Thu, April 18, 2024 | 7:12 am GTM+7

No major changes to Singapore's new cabinet: Deputy PM Wong

No major changes to Singapore's new cabinet: Deputy PM Wong

Singapore's Deputy Prime Minister Lawrence Wong, who will become the country's fourth prime minister, said on Tuesday that Prime Minister Lee Hsien Loong will take on the role of senior minister in the new cabinet, which is not likely to have major changes.

Southeast Asia - Wed, April 17, 2024 | 7:19 pm GTM+7

Bangkok markets join food waste reduction drive

Bangkok markets join food waste reduction drive

Nearly 200 fresh markets in Bangkok have joined a Bangkok Metropolitan Administration (BMA) campaign to classify food scraps from other waste, which helps reduce carbon emissions by about 142.5 tonnes per day.

Southeast Asia - Wed, April 17, 2024 | 7:18 pm GTM+7