Indian Prime Minister Narenda Modi on May 31 hailed the warm and close relations between India and Singapore, saying the two countries will step into the future together.
India's Prime Minister Narendra Modi shakes hands with Singapore's Prime Minister Lee Hsien Loong at the Istana in Singapore June 1, 2018. (Photo: Reuters)
Singapore (VNA) – Indian Prime Minister NarendaModi on May 31 hailed the warm and close relations between India and Singapore,saying the two countries will step into the future together.
"When Indiaopened up to the world and turned to the East, Singapore became a partner and abridge between India and ASEAN. Political relations between India and Singaporeare among the warmest and closest,” Modi told the Indian community in an eventin Singapore. The defence relations between the two nations are amongthe strongest and the two sides are building a “partnership of our age,” headded.
On the same day, PM Modi and his Singaporean counterpartLe Hsien Loong attended a business event to enhance connectivity between thetwo nations’ enterprises.
Modi arrived in Singapore on May 31 on the last leg ofhis tour of three Southeast Asian nations – Indonesia, Malaysia and Singapore.The three-day visit is also his second official visit to Singapore this year,reflecting the importance of the city state and ASEAN at large in India’s “ActEast” Policy.
The India-Singapore relationship was elevated to a StrategicPartnership during Modi’s visit to the city state in 2015. There are five areasof cooperation to enhance the bilateral relations – scaling up trade andinvestment, stepping up connectivity, smart cities and urban rejuvenation,skill development and state focus.
Singapore is India’s second largest trade partner among theten ASEAN member states. After the two sides signed the Comprehensive Economic CooperationAgreement in 2005, bilateral trade hit 16.7 billion USD in 2016-17, accordingto the External Affairs Ministry of India.-VNA
Indian Prime Minister Narendra Modi has declared that his upcoming visits to three ASEAN nations will give a further push to India’s “Act East” policy.
Indian Prime Minister Narendra Modi arrived in the Indonesian capital of Jakarta on May 29 on the first leg of his tour to three Southeast Asian countries.
India and Indonesia have agreed to work to boost bilateral trade to 50 billion USD by 2025, Indian Prime Minister Narendra Modi said on May 30 after talks with his Indonesian host, President Joko Widodo.
Total trade between Indonesia and New Zealand in the first half of 2025 reached 963.23 million USD, an increase of 21.56% compared to 792.39 million USD in the same period last year. Of this amount, Indonesia's exports to New Zealand totaled 374.89 million USD, while imports 588.35 million USD
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
India's Prime Minister Narendra Modi shakes hands with Singapore's Prime Minister Lee Hsien Loong at the Istana in Singapore June 1, 2018. (Photo: Reuters)
