ASEAN businesses to boost internal trade
The ASEAN Business Forum 2015, held on March 12 in the Malaysian
capital of Kuala Lumpur, focused on boosting trade among the bloc’s
members.
The ASEAN Business Forum 2015, held on March 12 in the Malaysian
capital of Kuala Lumpur, focused on boosting trade among the bloc’s
members.
The event, organised by the Malaysia External Trade Development Corporation (MATRADE), hosted more than 1,000 participants, including diplomats, economists and businessmen in the region.
Speaking at the opening ceremony, Malaysian Minister of International Trade and Industry Mustapa Mohamed said the forum aims to enhance awareness of opportunities in intra-ASEAN trade and investment.
It also gives participants an insight into ASEAN needs and prospects, updates on the ASEAN Economic Community (AEC), and specific areas of interest in the ASEAN market.
As chair of ASEAN, Malaysia will focus on enhancing awareness of the regional grouping to the general public this year, he added.
At a press conference on the same day, Mohamed said ASEAN is a growing market and its total trade growth this year is likely to exceed that of the global average by 2-3 percent.
Total foreign direct investment in ASEAN in 2013 reached 122.38 billion USD, 21.32 billion USD of which was sourced from the ASEAN member states.
He also said Malaysia is expected to see additional investment from Indonesia, Singapore, Thailand and the Philippines this year, given the improvements in business landscapes and economic stability.-VNA
The event, organised by the Malaysia External Trade Development Corporation (MATRADE), hosted more than 1,000 participants, including diplomats, economists and businessmen in the region.
Speaking at the opening ceremony, Malaysian Minister of International Trade and Industry Mustapa Mohamed said the forum aims to enhance awareness of opportunities in intra-ASEAN trade and investment.
It also gives participants an insight into ASEAN needs and prospects, updates on the ASEAN Economic Community (AEC), and specific areas of interest in the ASEAN market.
As chair of ASEAN, Malaysia will focus on enhancing awareness of the regional grouping to the general public this year, he added.
At a press conference on the same day, Mohamed said ASEAN is a growing market and its total trade growth this year is likely to exceed that of the global average by 2-3 percent.
Total foreign direct investment in ASEAN in 2013 reached 122.38 billion USD, 21.32 billion USD of which was sourced from the ASEAN member states.
He also said Malaysia is expected to see additional investment from Indonesia, Singapore, Thailand and the Philippines this year, given the improvements in business landscapes and economic stability.-VNA
You should also see
Lang Son province seeks global status for local geopark
A dossier has been built by the People’s Committee of the northern mountainous province of Lang Son to seek the UNESCO recognition of Lang Son Geopark as a global one.
See more
World
Indonesia raises alert level to highest, warns of tsunami as volcano erupts
An airport in Madano city, the capital of Indonesia’s North Sulawesi province, has been ordered closed while hundreds of people evacuated and the alert level raised to the highest on April 18 due to large-scale volcanic eruptions of Mount Ruang.
World
ASEAN culture promoted in Mexico
Typical and diversified culture of ASEAN countries is being promoted at the ongoing ASEAN Week at the headquarters of Mexico’s Chamber of Deputies in Mexico city from April 15-19.
World
Thailand, New Zealand agree to elevate ties to strategic partnership
Thailand and New Zealand on April 17 agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.
World
Japan’s 2024 Diplomatic Bluebook sketches out cooperation orientation with ASEAN
The Foreign Ministry of Japan on April 16 announced its 2024 Diplomatic Bluebook, which clarifies the country's orientations to expand relations with the Association of Southeast Asian Nations (ASEAN) in general and Vietnam in particular.
World
Indonesia’s Ruang volcano erupts, hundreds evacuated
At least 800 people in Indonesia’s North Sulawesi province have been evacuated after the area’s Ruang volcano has spewed lava and ash clouds into the sky for days, Indonesia’s volcanology agency said on April 17.
