Hanoi (VNA) – Singapore’s economy grew over 1 percent in 2016, Singaporean PrimeMinister Lee Hsien Loong said in his New Year 2017 message.
According PMLee, 2016 was a successful year of Singapore in the context of uncertainties inthe world economy. The labour market saw positive changes with low unemploymentrate and more new jobs created.
Lee said in 2016,Singapore focused on boosting cooperation with big partners to createopportunities for Singaporean enterprises and people.
According toLee, the prospect of the Trans-Pacific Partnership has dimed but Singaporewould continue pursuing other economic cooperation mechanisms, including the Regional Comprehensive Economic Partnership.
Regarding the Singapore-Chinacooperation, the Chongqing Connection Initiative has seen progress, Lee said,adding that Singaporean enterprises are developing the Kendal Industrial Zonein Indonesia.
Most recently, the country signeda bilateral agreement with Malaysia on constructing a high-speed railwayconnecting Singapore to Kuala Lumpur, Malaysia’s capital 🅘city.-VNA
The Singapore’s Ministry of Home Affairs on December 29 deported two Indonesians who allegedly had plans to travel to Syria via Singapore to join Islamic States (IS) group.
The Vietnam Trade Office in Singapore urged all Vietnamese firms trading with Singapore to seriously comply with its legal regulations, particularly customs requirements.
The Grandma Island soccer team was about to go to compete for Setokok Island, Batam city. In the middle of the trip, the boat was hit by waves and overturned.
Mexico's Nuevo León leaders underscored the state’s keen interest in partnering with ASEAN – a region known for dynamic economic growth, a young population, an expanding middle class, and a growing role in global supply chains.
Thailand has imposed a comprehensive ban on electronic waste imports as it grapples with a burgeoning e-waste problem. A 2021 report from the Pollution Control Department revealed that the country generates over 400,000 tonnes of domestic electronic waste annually.
Phuket airport authorities said the incident did not affect flights or airport operations, and security personnel are also stepping up surveillance in public areas, with CCTV covering all the airport area.
The facility will integrate multiple components, including mining operations, a smelter, high-pressure acid leach (HPAL) processing, and production of precursors and cathodes.
A participant in the Malaysia Economic Forum 2025 said despite challenges, there are significant opportunities in AI, digital transformation, and green technologies, requiring the country to balance both risk and potential thoughtfully.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
ASEAN must deepen collaboration through platforms such as the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) to ensure regional responses keep pace with the rapidly evolving cyber threat landscape.
Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
Singapore's Marine Bay. (Source: singapore-guide.com)
