ASEAN should accelerate economic integration: IDEAS
The Institute for Democracy and Economic Affairs (IDEAS), a Malaysian think tank, on November 8 launched the ASEAN Integration Report 2022, highlighting the need for the 10-member regional grouping's leaders to accelerate the process of economic integration to realise the potential of a greater intra-regional trade, moving forward.
Kuala Lumpur (VNA) – TheInstitute for Democracy and Economic Affairs (IDEAS), a Malaysian thinktank, on November 8 launched the ASEAN Integration Report 2022, high🐽lighting theneed for the 10-member reg🧜ional grouping's leaders to accelerate the process ofeconomic integration to realise the potential of a greater intra-regionaltrade, moving forward.
IDEAS CEO Tricia Yeoh said through the ASEANIntegration Report, IDEAS is trying to encourage ASEAN governments to movetoward economic integration, believing that with the liberalisationof economy and services and access to greater goods and services, there is agreater economic prosperity for all. “It is important for ASEAN leaders to work together to continuetheir commitment toward further regional economic integration and tradereforms in the region, given the rise of protectionism and trade tensions inthe past few years, compounded by the spread of COVID-19 pandemic”, shesaid, adding that such an effort is very timely to offset the inward-lookingpolicies adopted by certain countries in the region in the midst of curbing thespread of the virus. Yeoh said to move forward with further trade integration in the ASEAN region, lowering of tariffs only is not enough, while stressing thatnon-tariff barriers need to be eliminated especially in the time ofemergencies. The ASEAN Integration Report, as part of ASEAN ProsperityInitiative, is a research study that evaluates the various aspects ofintegration in the ASEAN Economic Community (AEC) and the impact of COVID-19 oneconomic integration, as well as discusses policy recommendations movingforward. About the upcoming ASEAN summits, Yeoh hoped that they will deliberatethe issues contained in the ASEAN Integration Report, adding that a copyof the report will be given to relevant ministries./.
A Vietnamese delegation led by Chief Justice of the Supreme People’s Court Nguyen Hoa Binh attended the 10th Meeting of the Council of ASEAN Chief Justices (CACJ) in Kuala Lumpur, Malaysia, on November 4.
Chief Justice of the Supreme People’s Court of Vietnam Nguyen Hoa Binh attended the 10th Meeting of the Council of ASEAN Chief Justices which was held on Nov. 4 in Kuala Lumpur.
The Ministry of National Defense of Vietnam’s national military training centre 4 on November 6 hosted the opening ceremony of the 30th ASEAN Armies Rifle Meet (AARM-30).
Prime Minister Pham Minh Chinh and a high-ranking Vietnamese delegation left Hanoi on November 8 morning for Cambodia to start an official visit to the neighbouring country and to attend the 40th and 41st ASEAN Summits and related Summits.
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.
CEO of IDEAS Tricia Yeoh (Photo: Internet) 
