Japan promises 3 billion USD in development funding for ASEAN
Japan has promised 3 billion USD in investment and loans to the Association of Southeast Asian Nations (ASEAN) to boost development in the region, Japanese Foreign Minister Toshimitsu Motegi was quoted by Kyodo News as saying.
Japanese Foreign Minister Toshimitsu Motegi (Photo: Kyodo)
Hanoi (VNA) – Japan haspromised 3 billion USD in investment and loans to the Association of SoutheastAsian Nations (ASEAN) to boost development in the region, Japanese ForeignMinister Toshimitsu Motegi was quoted by Kyodo News as saying.
Addressing a symposium in Tokyo on December2, the Japanese official said Japan’s public and private sectors will make thecontribution over three years from 2020 to 2022 as part of the country’s effortsto improve infrastructure, women’s empowerment and protection of the naturalenvironment.
Motegi reportedly said the move showcasesJapan’s commitment to free and fair economic development in ASEAN by providingeconomic options in all of its corners.
He added that Japan always comes in with along-term vision to create local jobs, to build capacity, to nurture humanresources that will become an engine for growth.
Of the total, 1.2 billion USD will comefrom the government-funded Japan International Cooperation Agency.
The announcement follows Japanese PrimeMinister Shinzo Abe’s promise to double investment and loans to ASEAN in the ASEAN-JapanSummit in early November./.
A photo exhibition and workshop highlighting achievements of the Association of Southeast Asian Nations (ASEAN) and Japan in infrastructure cooperation were held at the ASEAN Secretariat headquarters in Jakarta on October 18.
The Japanese administration has shown its support for Thailand in concluding the long-delayed Regional Comprehensive Economic Partnership (RCEP) agreement this year when the kingdom assumes Chair of the Association of Southeast Asian Nations (ASEAN).
ASEAN and Japan agreed to enhance transport cooperation towards environmental sustainability at the 17th ASEAN-Japan Transport Ministers Meeting, which was held in Hanoi on November 15.
Scientist Mai Thi Ngan from Vietnam’s National University of Agriculture was presented with the Japan International Award for Young Agricultural Researchers at a ceremony in Ibaraki prefecture on November 26.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
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).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
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 April 19.
Japanese Foreign Minister Toshimitsu Motegi (Photo: Kyodo) 
