World

Singapore promotes Asian infrastructure construction

Singaporean Finance Minister Heng Swee Keat announced the launch of Infrastructure Asia at the eighth Asia-Singapore Infrastructure Roundtable on October 23.
Singapore promotes Asian infrastructure construction ảnh 1Singaporean Finance Minister Heng Swee Keat (Source: AFP)
Hanoi (VNA) – Singaporean FinanceMinister Heng Swee Keat announced the launch of Infrastructure Asia at theeighth Asia-Singapore Infrastructure Roundtable on October 23.

In his opening address, Heng said the newgovernment agency will serve as a bridge for different industry players across theinfrastructure ecosystem, multilateral development banks, and the publicsector.

It will work closely with the private sector,governments, and commercial and multilateral development banks to provide customisedsolutions to meet the specific needs and requirements of each local market.

The agency is also expected to be a one-stopplatform for the information exchange and sharing of best practices in Asia.

At the roundtable, Infrastructure Asia signedtwo memoranda of understanding with the World Bank (WB) and the SingaporeBusiness Federation.

According to a publication released by theAsian Development Bank (ADB) in June, the infrastructure needs of developingcountries in Asia will reach nearly 26 trillion USD from 2016 to 2030, or 1.7trillion USD per year.–VNA
VNA
#Singaporean Finance Minister Heng Swee Keat #Vietnamplus #Vietnam News Agency #Asia-Singapore Infrastructure Roundtable #Infrastructure Asia Singapore
Follow VietnamPlus

Related News

AIIB helps develop sustainable infrastructure in Asia

AIIB helps develop sustainable infrastructure in Asia

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has helped many Asian countries have better infrastructure, deeper regional integration, and accelerated poverty reduction, said an official from the bank.

See more

Floodwaters cover roads and residential areas in Jakarta following heavy rainfall on January 12, 2025. (Photo: www.jakartadaily.id)

Indonesia: Jakarta inundated after heavy rains

The Jakarta Disaster Mitigation Agency, known locally as Badan Penanggulangan Bencana Daerah or BPBD Jakarta, recorded flooding in eight neighborhood units, or rukun tetangga, in South Jakarta and two in North Jakarta as of 10:00 am local time, with water levels ranging from 20 cm to 95 cm.

Fire destroys one of the 11 PTT petrol stations that were attacked across three southern border provinces on January 11 (Photo: bangkokpost.com)

Thailand imposes curfew in southern province

The Thai military confirmed that multiple petrol stations in Thailand's southern border provinces were hit by arson attacks and explosions on late January 11, leaving one police officer injured, with five petrol stations in Narathiwat among the targeted sites.

A photo of Lirang Island in the newly designated marine conservation area by the Ministry of Marine Affairs and Fisheries in the waters of West Wetar (Photo: antaranews.com)

Indonesia establishes new marine protected area

This area forms part of a vast ecosystem and serves as an important migratory corridor for many large marine species. The move aims to safeguard high-value biodiversity while ensuring the long-term sustainability of local coastal livelihoods.

Semiconductor wire production at an industrial park in former Hoa Binh province (now Phu Tho province). (Photo: VNA)

Vietnam’s GDP growth impressive amid global headwinds: Chinese media

It said with these results, the Vietnamese Government still has ample room to adjust monetary policy, unleash market vitality, and push ahead with institutional reforms. This, the paper noted, could enable Vietnam to achieve double-digit economic growth during the 2026-2030 period.

A voter casts her ballot in the general election at a polling station in Yangon, Myanmar. (Photo: Xinhua/VNA)

Myanmar begins second round of general election

This is the first election in Myanmar since the military government assumed power five years ago. A total of 57 political parties are participating in the election, including six parties running nationwide, with around 5,000 candidates vying for seats in the parliament.

A healthcare worker performs a swab test on a patient during influenza symptom screening at a community health centre in Banten, on January 7, 2026. (Photo: antaranews.com)

Indonesia reports first death related to so-called super flu

Yovita Hartantri, head of the New and Re-emerging Infectious Diseases Team at Hasan Sadikin Regional Hospital in Bandung, said the hospital treated 10 patients with influenza A subclade K between September and November last year. The patients exhibited a range of symptoms, with at least three developing severe complications.

Thailand enters technical deflation: Expert

Thailand enters technical deflation: Expert

Associate Professor Thanavath Phonvichai, President of the University of the Thai Chamber of Commerce and Chairman of the Centre for Economic and Business Forecasting, attributed the current bout mainly to lower production costs, particularly cheaper fuel and persistently low agricultural prices.