Hong Kong's economic ties with Asean are growing, but experts argue the city must capture high-value services like trade finance and legal contracts rather than just high trade volumes to maximize real profits.
ASEAN Secretary-General Kao Kim Hourn stated that Russia-ASEAN trade surpasses $17 billion, highlighting substantial untapped potential for further expansion. He emphasized complementary strengths in industrial capabilities, scientific innovation, and agriculture, crucial for economic adaptability and growth.
ASEAN Secretary-General Kao Kim Hourn stated at the Russia-ASEAN Business Forum that the bloc's energy demand is growing and expressed interest in Russian energy supplies and technologies, including LNG, energy networks, and low-carbon solutions.
A planned virtual meeting between Southeast Asian foreign ministers and Myanmar’s junta-appointed representative has analysts predicting a potential normalisation of ties five years after the coup that first caused them to rupture. Asean Secretary General Kao Kim Hourn confirmed on Thursday on the sidelines of the 11-member regional bloc’s summit in the Philippines that a meeting was expected “in the very near future”. Myanmar’s military-backed government has been frozen out of the Association...
Sentiment is warming among some Southeast Asian members towards easing Myanmar’s isolation five years after a coup, with diplomats signalling a possible opening to bring the crisis-torn nation back into the fold. Southeast Asian foreign ministers have agreed to a virtual meeting with their Myanmar counterpart, according to Asean’s secretary general on Thursday. In an interview during the Association of Southeast Asian Nations summit in the Philippines on Thursday, Kao Kim Hourn said Myanmar had...
