Malaysia promotes ASEAN Startup Year 2025 initiative

First announced in December 2024, the ASEAN Startup Year 2025 initiative marks a new chapter in ASEAN’s evolution as a globally significant innovation bloc.

Malaysian Minister of Science, Technology and Innovation Chang Lih Kang (Photo: Bernama)
Malaysian Minister of Science, Technology and Innovation Chang Lih Kang (Photo: Bernama)

Kuala Lumpur (VNA) - The emergence of new trade partnerships among economic blocs is essential for upholding the rule of law and maintaining international trade and order, especially during times of adversity, Malaysian Minister of Science, Technology and Innovation Chang Lih Kang said.

According to The Sun, at the Mikro-MyStartup NXT 2025 Conference organised by Cradle Fund Sdn Bhd, an agency under the Malaysian Ministry of Science, Technology and Innovation (MOSTI), in conjunction with the rollout of the ASEAN Startup Year 2025, Chang said ASEAN plays a pivotal role in this context with its significant economic contributions and strategic engagement.

He highlighted the need to adapt to shifting global trade dynamics in which ASEAN and its member states have unique opportunities to deepen regional cooperation, diversify trade partners, promote intra-ASEAN trade, invest in innovation, and strengthen diplomacy through science and technology.

These efforts, coupled with initiatives like the ASEAN Startup Year 2025, will help mitigate the potential impact of trade disruptions and foster stable, mutually beneficial trade relations with all global partners.

First announced in December 2024, the ASEAN Startup Year 2025 initiative marks a new chapter in ASEAN’s evolution as a globally significant innovation bloc.

Chang said the ASEAN Startup Year 2025 is not a beginning – it is the next wave of a journey the ministry started in 2024. Malaysia has laid the groundwork to empower entrepreneurs, connect ecosystems, and future-proof ASEAN’s economic resilience through innovation.

He noted that the initiative builds upon the ASEAN Vision 2025, positioning startups as catalysts for cross-border collaboration, digital growth and socio-economic development.

As Chair of ASEAN this year, Malaysia continues to lead regional innovation efforts, having recently hosted the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) and the ASEAN+3 Finance and Central Bank Deputies Meeting (AFCDM+3), he added.

Upcoming milestones include the launch of the Startup ASEAN platform (www.startup-asean.org) and the inaugural Startup ASEAN Summit, he said, stating that ASEAN continues to be a compelling destination for startups and investors./.

VNA

See more

Agricultural drones operated by foreign entities (Photo: Bangkokpost)

Thailand updates drone rules amid push for commercial use

The amendments aim to align Thai aviation regulations with international safety standards, including those set by the International Civil Aviation Organisation, and will apply to both domestic and international air carriers.

Laos increases vigilance over anthrax outbreak (Photo: The Star)

Laos increases vigilance over anthrax outbreak

Anthrax is an infectious disease caused by Bacillus anthracis, a spore-forming bacterium, which occurs naturally in soil and mainly affects livestock and wild animals. People can get sick with anthrax if they have contact with infected animals or contaminated animal products.

Thai Foreign Affairs Minister Maris Sangiampongsa (Photo: Bangkokpost)

Thailand committed to WTO principles

Thailand has become one of BRICS's 13 official partner countries from January 1, following an earlier invitation by Russian President Vladimir Putin when Russia chaired the bloc in 2024.

Thailand outlines AI development strategy (Photo: the Nation)

Thailand outlines AI development strategy

Digital Economy and Society Minister Prasert Jantararuangtong, who also serves as deputy chairman of the committee, said on May 1 that the committee has developed a comprehensive plan to prepare Thailand across various dimensions, particularly focusing on the development of a skilled AI workforce.

Camera trap footage shows a Malayan tiger in a national park in Yala province, Thailand. (Photo: Department of National Parks, Wildlife and Plant Conservation)

Endangered Malayan tiger spotted again in southern Thailand

Malayan tigers are a subspecies found only in the southern forests of Thailand and on the Malaysian Peninsula. They differ from the more commonly known Indochinese tiger (Panthera tigris corbetti), which inhabits the central and western forest regions of Thailand.

The article on Mexico's largest left-wing daily La Jornada about the 50th anniversary of Mexico-Vietnam diplomatic relations. (Photo: screenshot)

Mexican newspaper highlights Mexico - Vietnam diplomatic relations

In the article, Mexican Ambassador to Vietnam Alejandro Negrín Muñoz was quoted as saying that Mexico and Vietnam have many significant similarities. Both countries are emerging middle-sized economies, have influence in the region and are working to reduce poverty and social inequality.