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By Joe CashBEIJING (Reuters) - China and Australia should "seriously consider" what they have learned from halting their high-level dialogue over the past three years, Li Zhaoxing, a former foreign minister, said on Thursday, as the talks restarted in Beijing. China accounts for nearly one-third of Australian trade, while Australia is China's eighth-largest trade partner. Diplomatic exchanges have been ramping up since Australia elected a Labor government in May 2022 and China lifted tariffs on its barley exports. "Over the past decades... China has not posed any threat to Australia, and will not do so in the future. The Australian delegation also includes former Liberal foreign minister Julie Bishop, whose inclusion was to show bipartisan political support, the statement said.
Persons: Joe Cash, Li Zhaoxing, Li, Craig Emerson, Penny Wong, Julie Bishop, Emerson, Anthony Albanese, Li Qiang, Whitlam’s, " Albanese, Kirsty Needham, Christian Schmollinger Organizations: Joe Cash BEIJING, Australia, Labor, Australian, Australian Foreign, Liberal, Australia's, ASEAN Locations: China, Australia, Beijing, Canberra, Jakarta, Sydney
Australia, New Zealand Rise in RankingsThe far-flung but friendly nations of Australia and New Zealand are among the top 10 countries in the world, according to a U.S. News analysis, and their welcoming natures may be one of the reasons why.
Locations: Australia, New Zealand, U.S
On Wednesday, China's Li warned against starting a "new Cold War" and warned countries against taking sides in any conflict. Harris, attending the meetings instead of President Joe Biden, reiterated a U.S. commitment to the region. "The United States has an enduring commitment to Southeast Asia and more broadly to the Indo-Pacific," she said. A White House official said earlier the U.S. shared interests with ASEAN in "upholding the rules-based international order, including in the South China Sea, in the face of China's unlawful maritime claims and provocative actions". The Chinese premier and Japanese Prime Minister Fumio Kishida met briefly on the sidelines of the summit on Wednesday and discussed Japan's release into the sea of treated radioactive water from the Fukushima nuclear plant.
Persons: Ferdinand Marcos, Jr, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Fumio, Yoon Suk Yeol, Joko, Kamala Harris, Li Qiang, Sergei Lavrov, China's Li, Harris, Joe Biden, Fumio Kishida, Kanupriya Kapoor, Robert Birsel Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, Japan's, ASEAN, Russian, Association of Southeast Asian Nations, White, U.S, Japanese, Thomson Locations: Philippines, Fumio Kishida, South, JAKARTA, Indonesia, Japan, South Korea, India, Australia, South China, Myanmar, Korea, Russia, United States, Southeast Asia, China, Laos
South Korea's Yoon meets China Premier Li at ASEAN summit
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +2 min
[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 7 (Reuters) - South Korean President Yoon Suk Yeol met with China's Premier Li Qiang on the sidelines of an ASEAN summit in the Indonesian capital of Jakarta on Thursday, just hours after Yoon called for a rules-based maritime order in the South China Sea. Yoon's meeting with Li comes after the South Korean leader vowed to enhance cooperation with China and Japan. Just hours earlier, Yoon said any attempts to change the status quo by force in the South China Sea cannot be tolerated. He was speaking at the East Asia Summit which includes the ASEAN bloc, China, Japan, the United States and others.
Persons: Yoon Suk, yeol, Tatan, Yoon Suk Yeol, China's Premier Li Qiang, Yoon, Li, Indonesia's, Kim Jong, Vladimir Putin, Soo, hyang Choi, Jack Kim, Tom Hogue, Michael Perry Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, China's Premier, East Asia, United Nations, . Security Council, The United, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, Indonesian, South China, China, Japan, South, United States, Pyongyang, Russia, Moscow, The United States, North Korea, Ukraine, South Korea
The United States and its allies have echoed ASEAN's calls for freedom of navigation and overflight and to refrain from building a physical presence in the area. Just before this week's gatherings, China released a map with its "10-dash line" delineating what it considers its waters, that appeared to expand its claims in the South China Sea. The United States has also courted ASEAN countries with varying degrees of success. 'GREAT DANGER'Lina Alexandra, a political analyst at think tank CSIS, said the draft was "very weak on the issues of the South China Sea". President Joko Widodo of ASEAN chair Indonesia warned on Tuesday that members must not become proxies in big-power rivalry.
Persons: Ferdinand " Bongbong, Marcos Jr, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Li Qiang, Joko Widodo, Kamala Harris, Joe Biden, Xi Jinping, ASEAN's, Lina Alexandra, Alexandra, Wednesday's, Aung, Suu Kyi, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, ASEAN, Wednesday, The Association of Southeast Asian Nations, U.S, White, United, Reuters, CSIS, Thomson Locations: Philippines, Laos, JAKARTA, United States, China, Japan, South Korea, Australia, India, South China, States, South, Indonesia, ASEAN, Myanmar, Suu, Brunei, Cambodia, Malaysia, Singapore, Thailand, Vietnam
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. needs to exert influence in ASEAN beyond just military leadership, think tank saysThe U.S. military's role in Southeast Asia is 'not in jeopardy' because many countries are afraid of China, says Evan Feigenbaum, a vice president for studies at Carnegie Endowment for International peace in Washington, D.C.
Persons: Evan Feigenbaum Organizations: U.S, Carnegie Endowment, International Locations: ASEAN, Southeast Asia, China, Washington ,
China's Li promotes greater cooperation with Indonesia
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
China's Premier Li Qiang (L) is greeted by Indonesia’s President Joko Widodo upon his arrival at the 43rd Association of Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, 06 September 2023. Indonesia will host the 43rd ASEAN Summit and related summits on 05 to 07 September 2023. MAST IRHAM/Pool via REUTERS Acquire Licensing RightsBEIJING, Sept 6 (Reuters) - China wants to work with Indonesia to expand cooperation in various areas including green energy, the digital economy, biomedicine, and artificial intelligence, China's foreign ministry reported on Wednesday, citing Premier Li Qiang. Li, in Indonesia for a regional summit, told a late Tuesday dinner with business leaders that they should be confident in cooperation, after weak economic data indicating a slowdown in China had raised doubts in other markets about China's rise. China hoped that Indonesia would maintain its open market open and provide a fair and just business environment for Chinese enterprises, Li said.
Persons: Li Qiang, Joko Widodo, Li, Liz Lee, Ella Cao, Tom Hogue, Robert Birsel Organizations: 43rd Association of Southeast Asian Nations, ASEAN, ASEAN Summit, REUTERS Acquire, Rights, Beijing, Thomson Locations: Jakarta, Indonesia, Rights BEIJING, China
Australia to Host ASEAN Leaders in Melbourne Next March
  + stars: | 2023-09-06 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
By Lewis JacksonSYDNEY (Reuters) - Australia will host leaders from Southeast Asia's ASEAN bloc in Melbourne next March for a special summit to commemorate 50 years of relations, Prime Minister Anthony Albanese said on Wednesday as he announced a new investment strategy for the region. Albanese told reporters in Jakarta he had written to all the bloc's leaders inviting them to the "significant event", set to run from 4 March to 6 March. Albanese has travelled to Jakarta for the Association of Southeast Asian Nations (ASEAN) summit at a time when Australia is strengthening relations across Asia in a bid to build economic and diplomatic alternatives to China. ASEAN was vital to Australia's future, Albanese said in a speech to the summit. The strategy comes with 75 recommendations including using government agencies to help underwrite infrastructure investment in the region.
Persons: Lewis Jackson SYDNEY, Anthony Albanese, Albanese, Kamala Harris, Li Qiang, Lewis Jackson, Christopher Cushing Organizations: ASEAN, Association of Southeast Asian Nations, U.S Locations: Australia, Southeast, Melbourne, Jakarta, Asia, China, Japan, South Korea, India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer US diplomat discusses Xi's no-show at G20 Summit and US' lopsided ASEAN strategyEvan Feigenbaum from Carnegie Endowment for International Peace says if the Chinese president skips the APEC meeting later in the year, then it means something is preventing him from attending multilateral meetings.
Persons: Xi's, Evan Feigenbaum Organizations: Former, ASEAN, Carnegie Endowment, International, APEC
China warns against 'new Cold War' at ASEAN summit
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +5 min
[1/5] China's Premier Li Qiang (L) attends the 26th ASEAN-China Summit during the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. In remarks at the start of her meeting with ASEAN leaders, Harris said the United States was committed to the region. "The United States has an enduring commitment to Southeast Asia and more broadly to the Indo-Pacific," she said. Just before this week's gatherings, China released a map with a "10-dash line" showing what appeared to be an expansion of the area it considers its territory in the South China Sea. "The Philippines firmly rejects misleading narratives that frame the disputes in the South China Sea solely through the lens of strategic competition between two powerful countries," Marcos said.
Persons: Li Qiang, Yasuyoshi, Li, Kamala Harris, Joe Biden, Xi, Harris, ASEAN's, Retno Marsudi, Ferdinand Marcos, Marcos, Yoon Suk, Yoon, Kim Jong, Vladimir Putin, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel, Nick Macfie Organizations: China, ASEAN Summit, REUTERS Acquire, China Sea, Asia ASEAN, Association of Southeast Asian Nations, ASEAN, U.S, White, Indonesian, United, South, North, New York Times, Thomson Locations: ASEAN, Jakarta, Indonesia, Asia, JAKARTA, China, Japan, South Korea, Australia, India, South China, United States, Southeast Asia, Myanmar, States, South, Philippine, Philippines, North Korea, Russia, Moscow, Ukraine
Japan's Prime Minister Fumio Kishida speaks during the leaders talk of the ASEAN-Indo Pacific Forum (AIPF) in Jakarta, Indonesia September 6, 2023. Japan started releasing the water from the wrecked plant into the ocean last month, drawing strong criticism from China. "During the chat, I explained Japan's position on the treated water to Premier Li," Kishida said. It was also the first high-level talk between the two countries since the release of the water from the Fukushima plant. The water is treated to remove most radioactive elements except for tritium, a radionuclide difficult to separate from water, and then diluted to internationally accepted levels before being released into the ocean.
Persons: Fumio Kishida, Adek Berry, Li Qiang, Kishida, Li, Premier Li, Sakura Murakami, Rocky Swift, Tomasz Janowski, Nick Macfie Organizations: Japan's, ASEAN, Pacific, Rights, Association of Southeast Asian Nations, Thomson Locations: Jakarta, Indonesia, Japan, China, Premier, Tokyo, Beijing
An official ASEAN statement issued Tuesday night confirmed the decision to hand the chair to the Philippines in 2026 and affirmed the group's commitment to a five-point plan for restoring peace and stability in Myanmar. The ASEAN leaders' statement on Myanmar stressed the desire to work with the generals to end the country's crisis, especially in the context of the five-point plan which Myanmar accepted in 2021 but has largely failed to implement. "All of us are aware of the magnitude of the world's challenges today, where the main key to facing them is the unity and centrality of ASEAN," Widodo told fellow leaders. "ASEAN leaders must ensure that this ship is able to keep going, able to keep sailing," Widodo said. Japanese Prime Minister Fumio Kishida said before flying to Jakarta that he plans to offer assurances of the safety of the ongoing release into the sea of treated radioactive wastewater from the damaged Fukushima nuclear power plant.
Persons: Ferdinand Marcos, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Joko Widodo, Sonexay Siphandone, Sultan Hassanal Bolkiah, Hun Manet, Anwar Ibrahim, Xanana Gusmao, Adi Weda, Aung, Ferdinand Marcos Jr, Marcos, Retno Marsudi, , Marsudi, bloc's, Widodo, Kamala Harris, Joe Biden, Li Qiang, Sergey Lavrov, Fumio Kishida Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, Cambodia's, Malaysia's, East Timor's, ASEAN Summit, Afp, Getty, United, Aung San Suu, ASEAN, Indonesia, Associated Press, European Union, Myanmar Armed Forces, Foreign Ministry, ASEAN Chair, Indonesian, Assistance Association for Political, U.S ., U.S, Russian, Japanese Locations: Laos, East, Jakarta, Myanmar, United States, Aung San, Philippines, Philippine, ASEAN, Naypyidaw, South China, U.S, China
India's Foreign Minister Subrahmanyam Jaishankar, delivers his speech in the Association of Southeast Asian Nations (ASEAN) Post Ministerial Conference with India during the ASEAN Foreign Ministers' meeting in Jakarta, on July 13, 2023, where Myanmar's seat was left empty. BAY ISMOYO/Pool via REUTERS/File Photo Acquire Licensing RightsNEW DELHI, Sept 6 (Reuters) - China's President Xi Jinping and Russia's Vladimir Putin skipping this week's G20 summit in New Delhi is not unusual and has nothing to do with India, Indian Foreign Minister Subrahmanyam Jaishankar told the ANI news agency. Sherpas of the G20 countries are negotiating to build a consensus and arrive at a declaration at the Sept. 9-10 summit in New Delhi, Jaishankar said in the interview, which was aired on Wednesday. Asked if their absence would affect building a consensus and producing a declaration at the end of the summit, Jaishankar said: "We are negotiating right now...the clock did not start ticking yesterday." Japanese Prime Minister Fumio Kishida has said he hopes to discuss digital issues and food security.
Persons: Subrahmanyam Jaishankar, Xi Jinping, Russia's Vladimir Putin, Jaishankar, Putin, Xi, Joe Biden, Fumio Kishida, YP Rajesh, Jacqueline Wong, Raju Gopalakrishnan Organizations: India's, Association of Southeast Asian Nations, ASEAN, India, ASEAN Foreign Ministers, Indian, Reuters, World Bank, YP, Thomson Locations: Jakarta, DELHI, New Delhi, India, Ukraine
A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsBEIJING, Sept 6 (Reuters) - Chinese state-owned semiconductor company Tsinghua Unigroup plans to accelerate its international expansion, with Southeast Asia one of the most important regions, Chairman Li Bin said Wednesday at the AIPF event in Jakarta during the ASEAN summit. Tsinghua Unigroup operates three factories in Indonesia, Malaysia and Singapore, Li said, and aims to further expand its manufacturing and R&D capabilities in the region. Reporting by Yelin Mo and Brenda Goh; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.
Persons: Kim Kyung, Li Bin, Li, Yelin Mo, Brenda Goh, Tom Hogue Organizations: Tsinghua, REUTERS, Rights, Southeast, ASEAN, Tsinghua Unigroup, Thomson Locations: Beijing, China, Rights BEIJING, Southeast Asia, Jakarta, Indonesia, Malaysia, Singapore
South Korean President Yoon Suk-yeol, center, arrives to the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt. "Attempt at military cooperation with North Korea that harms international peace must immediately halt," Yoon's office quoted him as saying at a meeting with the leaders of ASEAN countries. North Korea and Russia have denied they were in arms negotiations. Before the pandemic, China hosted the largest number of North Korean workers abroad, with as many as half of the estimated 100,000 people earning more than $500 million a year.
Persons: Yoon Suk, Tatan, Yoon Suk Yeol, Yoon, Kim Jong Un, Vladimir Putin, Kim, Sergei Shoigu, Fumio Kishida, Li Qiang, Jack Kim, Soo, hyang Choi, Muralikumar Anantharaman, Christopher Cushing Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, New York Times, Japanese, Security, Thomson Locations: Jakarta, Indonesia, Rights SEOUL, North Korea, Russia, Vladivostok, Moscow, Ukraine, South Korea, China, Korean, Seoul
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV investments will have a positive spillover effect for Malaysia, minister saysAttracting EV companies "will give spillover effect to the Malaysian companies, the SMEs and Malaysian corporates supplying to this group," Tengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, tells CNBC's JP Ong on the sidelines of the ASEAN summit in Jakarta.
Persons: Tengku Zafrul Aziz, CNBC's JP Ong Organizations: Malaysian, ASEAN Locations: Malaysia, Malaysian, Jakarta
[1/4] U.S. Vice President Kamala Harris attends the 11th ASEAN-U.S. Summit during the 43rd ASEAN Summit in Jakarta, Indonesia, September 6, 2023. YASUYOSHI CHIBA/Pool via REUTERS Acquire Licensing RightsJAKARTA, Sept 6 (Reuters) - United States Vice President Kamala Harris said on Wednesday in a meeting with Southeast Asian leaders that her country would continue to press strife-torn Myanmar to foster a path to democracy. She also announced the establishment of a new U.S.-ASEAN centre in Washington. Reporting by Kate Lamb; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Kamala Harris, YASUYOSHI, Kate Lamb, Muralikumar Organizations: U.S, ASEAN, Summit, ASEAN Summit, REUTERS Acquire, Rights, United States, Southeast, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, Myanmar, U.S, Washington
SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt, his office said. Yoon made the comment at a summit meeting with Southeast Asia's ASEAN bloc countries in Jakarta, Indonesia, his office said. "Attempt at military cooperation with North Korea that harms international peace must immediately halt," Yoon's office quoted him as saying at his meeting with the leaders of ASEAN countries earlier on Wednesday. North Korea and Russia have denied they were in arms negotiations. At a later meeting with ASEAN leaders together with Japanese Prime Minister Fumio Kishida and Chinese Premier Li Qiang, Yoon said South Korea will work closely with the two Asian neighbours with the goal of resuming their three-way summit.
Persons: Yoon Suk Yeol, Yoon, Kim Jong, Vladimir Putin, Kim, Sergei Shoigu, Fumio Kishida, Li Qiang, Jack Kim, Muralikumar Anantharaman, Christopher Cushing Organizations: ASEAN, North, New York Times, Russia's, Japanese Locations: SEOUL, North Korea, Jakarta, Indonesia, Russia, Russia's, Vladivostok, Moscow, Ukraine, South Korea
CNN —Vice President Kamala Harris on Wednesday called for “accountability” for the events of January 6, 2021, marking a notable departure from the White House’s policy of silence on former President Donald Trump’s legal issues. The White House has taken pains to minimize any impression that it is interfering with the federal investigations. For Biden, Trump’s third and fourth indictments are undoubtedly the most personal. The White House has declined to comment on the indictments, referring questions to the Department of Justice. Asked his reaction to Trump’s mugshot, Biden quipped to reporters, “Handsome guy, wonderful guy,” declining to comment further.
Persons: Kamala Harris, Donald Trump’s, ” Harris, , Harris, , Trump, Jack, Biden, Trump’s, Trump’s mugshot Organizations: CNN, Associated Press, ASEAN, White, Department of Justice Locations: Jakarta, Indonesia, Trump, United States, Atlanta, Maine
Myanmar migrant workers hold a portrait of Aung San Suu Kyi during the march to mark International Labor Day in Bangkok, calling for the workers rights and protesting against the Myanmar military government on May 1, 2023. "I get the sense that ASEAN is at a loss for ideas … one can speak with eloquence about one individual member state's wish to happen in Myanmar. "At the moment, I'm reminded more about the divisions rather than the unity … this is not only a litmus test for ASEAN, but in my view is an existential threat to ASEAN," Natalegawa added. Myanmar's military administration, however, has not implemented the peace plan — despite agreeing to it two months after the democratic government was overthrown by the coup. "Some ASEAN member states in dispute feel that they are not being provided a common ASEAN home, so as if they are left on their own devices to deal with this issue," said Natalegawa.
Persons: Aung, Suu Kyi, Marty Natalegawa, CNBC's JP Ong, Marty Natalegawa Indonesia's, Natalegawa, Min Aung Organizations: International Labor, Myanmar, Getty, ASEAN, CNBC, 43rd Association of Southeast, Nations, Suu, Reuters Locations: Myanmar, Suu, Bangkok, Indonesian, Jakarta, South China, Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam
It's Harris' third trip to Southeast Asia and fourth to Asia overall, and she's touched down in more countries there than any other continent. This latest journey is another opportunity for Harris to burnish her foreign policy credentials as she prepares for a bruising campaign year. Her office has not yet detailed her schedule, but she's expected to attend summit events and hold individual talks with some foreign leaders. U.S. officials and analysts believe Beijing's aggressive approach to the region has created an opening for Washington to forge stronger partnerships. Stilwell served as the assistant secretary of state for the Bureau of East Asian and Pacific Affairs under President Donald Trump.
Persons: Kamala Harris, Loy, Kent Nishimura, she'll, Joe Biden's, It's Harris, she's, Harris, She's, Biden, John Kirby, he's, Marty Natalegawa, Natalegawa, Kirby, Phil Gordon, there's, Gordon, Ian Chong, It's, Gregory B, Poling, David Stilwell, Stilwell, Donald Trump Organizations: Cabinet, Association of Southeast Asian Nations, U.S ., ASEAN, Loy Henderson International Conference, U.S . Department of State, Los Angeles Times, Getty, Democratic, Republican, White House, of Southeast Asian Nations, Washington, National University of Singapore, Center for Strategic, International Studies, Bureau, East, Pacific Affairs Locations: U.S, Washington , DC, Southeast Asia, Jakarta, Indonesia, Asia, Washington, India, Vietnam, Myanmar, South China, United States, China, Philippines, Cambodia, South, Beijing, People's Republic of China, East Asian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASEAN's diversity on Myanmar shouldn't divide the bloc, says ex-Indonesian ministerIndonesia’s former foreign minister says the situation with Myanmar's civil strife is not only a "litmus test" but also an "existential threat" to ASEAN's unity. Marty Natalegawa speaks to CNBC's JP Ong on the sidelines of the Association of Southeast Asian Nations summit in Jakarta.
Persons: Marty Natalegawa, CNBC's JP Ong Organizations: Association of Southeast, Nations Locations: Myanmar, Jakarta
Cambodia’s Prime Minister Hun Manet attends an event to meet with garment workers on his first public appearance since taking office, on the outskirts of Phnom Penh, Cambodia, August 29, 2023. The 45-year-old last month took over power from his father Hun Sen after a lopsided general election that all opposition parties were barred from contesting. In a country once riven by decades of war, Cambodia has now evolved to a lower-middle income nation with economic growth rates of 7%, he said. Cambodia's parliament approved Hun Manet as prime minister in August. Hun Sen, one of the world's longest ruling leaders, has said he expects his son to continue his leadership style and will himself remain in politics.
Persons: Hun Manet, Cindy Liu, Monday, Hun Sen, Kate Lamb, Kanupriya Kapoor, Nick Macfie Organizations: Cambodia’s, REUTERS, Rights, Cambodian, Association of Southeast Asian Nations, ASEAN, United Nations, Thomson Locations: Phnom Penh, Cambodia, Rights JAKARTA, Cambodia's
Indonesia has the 'highest potential' in ASEAN: Ikhlas Capital
  + stars: | 2023-09-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia has the 'highest potential' in ASEAN, private equity fund manager saysNazir Razak, chairman and founding partner of Ikhlas Capital, said Indonesia has a lot of domestic private equity and valuations have been "on the high side, if you take a long-term horizon."
Persons: Nazir Razak Organizations: Indonesia, Ikhlas Locations: Indonesia
Morning Bid: Try to top that one, Asia
  + stars: | 2023-09-03 | by ( Stephen Culp | ) www.reuters.com   time to read: +2 min
Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsSept 4 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian markets have a tough act to follow on Monday - their own. "Clearly, we've seen a significant slowdown in the Chinese economy the last couple of months," said Ryan Detrick, chief market strategist at Carson Group in Omaha. On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday.
Persons: Tyrone Siu, Stephen Culp, Ryan Detrick, Saola, Li Qiang, Diane Craft Organizations: REUTERS, Carson Group, Association of Southeast Asian Nations, ASEAN, PMI, CPI, PPI, South Korea CPI, Australia Judo Bank, Thomson, Reuters Locations: Exchange, Hong Kong, China, Shanghai, Shenzhen, Asia, Beijing, Omaha, Guangdong, Macau, Taiwan, India, Japan
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