ASEAN COUNTRIES
Aerospike appoints Venkatesh Guntur as country manager for Southeast Asia
California-based Aerospike has appointed Venkatesh Guntur as its new country manager for Southeast Asia. Guntur, with over 25 years in enterprise IT sales, will lead the firm's growth and expansion in the ASEAN region, focusing on enhancing its presence in AI-centric business applications.
RBI, ASEAN countries to create instant cross-border retail payments platform
The Reserve Bank of India and ASEAN nations are collaborating on "Project Nexus," aimed at establishing a platform for instant cross-border retail payments by linking fast payment systems. India joins Malaysia, Philippines, Singapore, and Thailand as founding members, with plans to expand globally by 2026, enhancing efficiency and reducing costs in international transactions.
Cooper Corp, Sinfonia Tech join hands to introduce LPG gensets in India, Japan, ASEAN countries
The company also informed that 'CPCB IV+' certified LPG gensets developed under the partnership will be unveiled at the Gas India Expo 2024 at Expo Centre Greater Noida next month.
India expands military training for foreign partnerships across Gulf, ASEAN, and Africa
India has significantly expanded its military training programs to strengthen defence partnerships with Gulf, ASEAN, and African nations. Initiatives range from basic infantry skills to advanced systems like submarines and fighter jets. Recently, 76 cadets from Saudi Arabia's King Fahad Naval Academy trained at India's Southern Naval Command in Kochi, focusing on maritime operations and seamanship. India hosts personnel from 26 African countries annually, providing training in counterinsurgency and jungle warfare.
Chinese premier in Malaysia to push east coast rail link
Chinese Premier Li Qiang, who is on a three-day visit to Malaysia, said Wednesday the plan would make the central line of a proposed Pan-Asia Railway, running from Kunming in China to Singapore, a reality. "This will better promote the construction of new international land and sea trade corridors, enhance regional connectivity, and deepen the building of the ASEAN community," Li said.
India to to be the fastest growing economies in ASEAN: Moody’s
In the first half of calendar year 2024, Indonesia, Philippines and India led the way and should continue to outperform pre-COVID growth numbers on the back of rising exports, local demand and government spending lift.
Singapore and Kazakhstan plan Eurasia to ASEAN trade & transit corridor
Singapore and Kazakhstan strengthen economic ties, enhancing India's role as a link between Southeast Asia and Eurasia. Kazakhstan's transport initiatives and Singapore's expertise create new business opportunities. The countries sign agreements to boost trade and investment, with Singapore investing in Kazakhstan's economy. Cooperation focuses on innovation and digitalization for mutual benefit.
Paper, paperboard imports up 34pc in FY24 on higher supplies from ASEAN bloc: IPMA
Imports of paper and paperboard in the country rose by 34 per cent to 19.3 lakh tonnes in 2023-24, driven by higher shipments from ASEAN countries, an industry association said on Wednesday. The Indian Paper Manufacturers Association (IPMA) in a statement said that the increasing imports of these products are hurting the domestic industry.
Next round of India-Asean trade pact review talks in July
The discussions for review of the ASEAN-India Trade in Goods Agreement (AITIGA), to make it more trade-facilitative and beneficial for businesses across the region, started in May 2023. The Joint Committee undertaking the review work has met four times so far and has finalised its terms of reference and the negotiating structure for the review negotiations in its first two meetings and initiated the negotiations for review of AITIGA from its third meeting held from February 18-19, 2024 in New Delhi.
Next round of talks for India-Asean trade pact review in July
The discussions for review of AITIGA (Asean-India Trade in Goods Agreement) started in May 2023 to make it more trade-facilitative and beneficial for businesses across the region, the commerce ministry said. A joint committee, which is undertaking the review work, has so far met four times.
Indian Navy to hold maritime exercise with Singapore Navy to enhance operability
"We look forward to further enhancing our operability and understanding of each other's operational philosophy and also increasing the competency of our bilateral exercise in keeping with the times that we are witnessing," said Flag Officer Commanding Eastern Fleet Read Admiral Rajesh Dhankhar.
Inside China’s increasing interests in Myanmar
Chinese Public Security Minister Wang Xiaohong's recent remarks on China's relations with Myanmar indicate China's growing interest in the country. Despite efforts to improve ties, there are challenges. China seeks to maintain influence in Myanmar's political crisis, but experts suggest ASEAN should take a more active role in mediation to achieve sustainable peace.
US, Japan, Philippines trilateral deal to change dynamic in South China Sea, Marcos says
Philippine President Ferdinand Marcos Jr. highlighted the significance of a cooperation agreement between the Philippines, the United States, and Japan, stating that it would change the dynamic in the South China Sea and the region. The agreement, following the first trilateral summit between the nations, aimed to deepen economic and security relations without targeting any specific country. Despite recent tensions with China over the South China Sea, Marcos emphasized that the summit's focus was on enhancing cooperation rather than confrontation.
Indian Coast Guard ship makes port call in Vietnam on overseas deployment to ASEAN countries
Indian Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, has made a port call at Ho Chi Minh, Vietnam, as part of its overseas deployment to ASEAN countries. The ship is equipped with specialized marine pollution control equipment and a Chetak helicopter. The ICG ship is on a three-day visit to the Philippines, Vietnam, and Brunei from March 25 to April 12.
EAM Jaishankar visits Indian Coast Guard ship Samudra Paheredar in Philippines
External Affairs Minister S Jaishankar visited the Indian Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, in Manila Bay, Philippines. The ship is on an overseas deployment to ASEAN countries, including the Philippines, Vietnam, and Brunei. The visit underscores India's commitment to maritime cooperation in the region. The ship's equipment includes specialized marine pollution control equipment and a Chetak Helicopter in pollution response configuration. The deployment aims to demonstrate India's marine pollution response capabilities and strengthen bilateral cooperation with maritime agencies in the ASEAN region.
India expresses support for Philippines amidst South China Sea tensions
India has pledged support to the Philippines amid escalating tensions in the South China Sea. External Affairs Minister S Jaishankar, in Manila, reaffirmed India's commitment to helping maintain peace and freedom in the Indo-Pacific. The recent incident near Second Thomas Shoal in the Spratly Islands has raised concerns, leading to discussions between deputy foreign ministers. Jaishankar also met with Philippine President Bongbong Marcos to expand bilateral ties, emphasizing the need for closer cooperation to address regional challenges.
Indian Coast Guard ship in Philippines to bolster bilateral maritime cooperation
The ICG ship is on an overseas deployment to ASEAN countries -- the Philippines, Vietnam, and Brunei -- from March 25 to April 12."The visit of a specialised Pollution Control Vessels is part of a broader initiative aimed at demonstration of ICG's marine pollution response capabilities and shared concern and resolve towards marine pollution in the ASEAN region, besides bolstering bilateral cooperation with the Philippine Coast Guard (PCG)," the Defence Ministry said in a statement.
Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines
The Indian Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, has arrived in Manila, Philippines, starting its overseas deployment mission to ASEAN countries. With 25 National Cadet Corps (NCC) cadets on board, it aims to expand the reach of the Puneet Sagar Abhiyan internationally. This deployment, from March 25 to April 12, is focused on enhancing cooperation, interoperability, and demonstrating India's capabilities in marine pollution response to ASEAN nations. The ship had previously been deployed from September 11 to October 14, 2023, as part of India's ASEAN initiatives for marine pollution response.
Why the MILAN matters to Southeast Asian countries
What makes this year’s MILAN even more significant for Southeast Asian countries is the geopolitical backdrop against which it is held. Today, the security dynamics between the Indian and Pacific Oceans are becoming increasingly interdependent due to the deepening and broadening of traditional and non-traditional security threats.
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