KUALA LUMPUR, July 10 (Korea Bizwire) – First Vice Foreign Minister Park Yoon-joo had brief encounters with the top diplomats of China and Japan in Malaysia on Thursday, marking the first such in-person exchanges between senior diplomats of the three Asian neighbors since the launch of the Lee Jae Myung government. Park was seen approaching [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s exports to the Association of Southeast Asian Nations (ASEAN) countries are on the rise, helping offset recent drops in shipments to the United States and China amid a global trade war sparked partly by the U.S.’ evolving tariff policies, data showed Sunday. Outbound shipments to the ASEAN [...]
SEOUL, May 1 (Korea Bizwire) — Bank of Korea (BOK) Gov. Rhee Chang-yong plans to attend the annual meeting of the Asian Development Bank (ADB) and gatherings of ASEAN finance ministers and central bank governors in Milan next week to discuss global economic conditions and other major financial issues, his office said Thursday. Rhee is [...]
CGTN published an article highlighting how visiting Chinese President Xi Jinping has drawn a new development blueprint for China-Malaysia ties for the next 50 years and how the two countries are jointly promoting a high-level strategic community with a shared future to bring more benefits to the two peoples and contribute to regional prosperity. BEIJING, [...]
SEOUL, March 27 (Korea Bizwire) – South Korea’s advanced technologies in semiconductors, artificial intelligence (AI) and other key industries will serve as a chance for the country to attract more foreign direct investment (FDI), a senior official from the Singapore-based United Overseas Bank (UOB) has said, emphasizing that FDI would be a useful tool for [...]
SEOUL, Nov. 28 (Korea Bizwire) – A new report suggests the ASEAN semiconductor industry, traditionally strong in chip packaging, is poised for continued growth as global firms seek to diversify supply chains beyond China amid ongoing U.S.-China competition in the semiconductor sector. The International Trade Research Institute at the Korea International Trade Association reported on November [...]
VIENTIANE, Oct. 10 (Korea Bizwire) — President Yoon Suk Yeol said Thursday that South Korea will double its cooperation funds with the Association of Southeast Asian Nations (ASEAN) to US$48 million by 2027 to support key projects in the region. Yoon made the pledge during a summit with ASEAN leaders in Laos after elevating South [...]
SEOUL, Oct. 4 (Korea Bizwire) — The Army said Friday it is holding an international forum on logistics cooperation this week with some members of the Association of Southeast Asian Nations (ASEAN), the United States and other friendly countries. The five-day forum began Tuesday at the Army Logistics Command in Daejeon, some 140 kilometers south [...]
SEOUL, May 28 (Korea Bizwire) — South Korea’s trade ministry said Tuesday it has agreed with the Association of Southeast Asian Nations (ASEAN) to expand cooperation in digital transition, clean energy and other areas. Trade Minister Cheong In-kyo met ASEAN Secretary-General Kao Kim Hourn in Seoul to discuss cooperation on areas of mutual interest, including [...]
SEOUL, Dec. 8 (Korea Bizwire) — Vice finance ministers of South Korea, China, Japan and the Association of Southeast Asian Nations (ASEAN) have agreed to improve a currency swap mechanism as part of efforts to boost overall financial cooperation, Seoul’s finance ministry said Friday. The consensus was reached during the two-day regular meeting of the [...]