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Vice FM Park Has Brief Exchanges With FMs Of China, Japan At ASEAN Meeting

Vice FM Park Has Brief Exchanges With FMs Of China, Japan At ASEAN Meeting

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 [...]

ASEAN Overtakes China as Key Market for Korean Exports Amid Global Supply Shift”

ASEAN Overtakes China as Key Market for Korean Exports Amid Global Supply Shift”

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 [...]

CGTN: China, Malaysia join forces for high-level strategic community with shared future

CGTN: China, Malaysia join forces for high-level strategic community with shared future

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, [...]

S. Korea’s Chip, AI Tech Prowess to Create ‘Unique, Ample’ FDI Opportunities: UOB Official

S. Korea’s Chip, AI Tech Prowess to Create ‘Unique, Ample’ FDI Opportunities: UOB Official

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 [...]

ASEAN Semiconductor Industry Rises Amid U.S.-China Tech Rivalry

ASEAN Semiconductor Industry Rises Amid U.S.-China Tech Rivalry

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 [...]

S. Korea to Double ASEAN Development Funds to US$48 Mln by 2027

S. Korea to Double ASEAN Development Funds to US$48 Mln by 2027

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 [...]

Army Hosts Forum on Int’l Logistics Forum with ASEAN Members, U.S., Others

Army Hosts Forum on Int’l Logistics Forum with ASEAN Members, U.S., Others

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 [...]

Trade Ministry, ASEAN Vow Cooperation in Digital Transition, Clean Energy

Trade Ministry, ASEAN Vow Cooperation in Digital Transition, Clean Energy

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 [...]

ASEAN-plus-3 Nations Discuss Currency Swap Policy, Financial Cooperation

ASEAN-plus-3 Nations Discuss Currency Swap Policy, Financial Cooperation

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 [...]