Jakarta (VNA) – ASEAN member countriesneed 29.4 trillion USD for energy transition process, Indonesian President Joko Widodo has said.
Speaking at the ASEAN Summit on September 5,President Widodo said the energy transition process should unlock potential throughfinancial cooperation with partners to build a stable financial environment andgenerate profits for all parties involved, thus laying a foundation to achieveenergy transition goals in the near future.
In addition to energy transition topic, healso mentioned two other initiatives, including green infrastructure to ensurea robust supply chain and digital transformation in combination with thecreative economy.
He predicted that by 2030, ASEAN's digitaleconomy will reach 1 trillion USD.
The bloc has so far approved 9♊3 cooperationprojects worth 38.2 billion USD, 73 of them valued at 17.8 billion USD will belaunched soon./.
Russian energy enterprises may gain access to the ASEAN market with an annual value of about 170 billion USD, according to Russia-ASEAN Business Council Chairman Ivan Polyakov.
Addressing the opening ceremony of the 43rd Association of Southeast Asian Nations (ASEAN) Summit and related summits in Jakarta on September 5, Indonesian President Joko Widodo called on ASEAN and its partners to bolster equal and mutually beneficial cooperation in order to turn the region into an epicenter of the world’s economic growth.
ASEAN member states are working towards building an environmentally friendly economic bloc in line with ASEAN’s vision for 2045, Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said at the ASEAN Climate Forum in Jakarta.
Prime Minister Pham Minh Chinh emphasized the importance of strengthening ASEAN's self-reliance through stepping up economic linkages, expanding the intra-bloc market, and facilitating trade and investment flows to maintain ASEAN’s stature and role of growth epicentre, in his speech at the plenary session of the 43rd ASEAN Summit in Jakarta, Indonesia on September 5.
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.
Indonesian President Joko Widodo (Photo: AFP) 
