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ASEAN News Week 45

🇵🇭 Philippine economy grows at forecast-beating 5.9% in third quarter

The Philippine economy grew at a forecast-beating 5.9% in the third quarter of 2023, driven by strong domestic consumption and exports. This strong growth is a positive sign for the Philippine economy and is expected to continue in the coming quarters.


🇨🇦🇻🇳 Minister MacAulay Concludes Successful Trade Mission

Canadian Agriculture Minister Lawrence MacAulay Strengthens Canada-Vietnam Ties and Explores Market Access Opportunities in Hanoi, Vietnam. He met with industry leaders, key importers, and Agriculture Minister Le Minh Hoan to mark the 50th anniversary of Canada-Vietnam relations and discuss market access for Canadian products. Vietnam, a fellow CPTPP member, is an important partner and a fast-growing market for Canadian goods, including wheat, pork, blueberries, and potatoes.


🇱🇦🇨🇦 Laos Opens First Canadian Consulate Office

In a significant step to enhance diplomatic ties, Laos has opened its first Canadian consulate office in Richmond, British Columbia. This new office will facilitate trade and investment opportunities between the two countries and strengthen people-to-people connections.


🇸🇬🇲🇾 Singapore and Malaysia Plan Joint Special Economic Zone

Singapore and Malaysia are exploring the possibility of establishing a joint special economic zone (SEZ) in Johor State, Malaysia. This SEZ aims to promote cross-border economic cooperation and attract investments in various sectors, including manufacturing, logistics, and technology.


🇻🇳 Guidelines for Calculating Carbon Footprint for Businesses in Vietnam

The Vietnamese government has issued guidelines for businesses to calculate their carbon footprint. These guidelines aim to encourage businesses to adopt sustainable practices and reduce their environmental impact.


🇸🇬 Singapore Aspires to Become Asia's Renewable Energy Hub

Singapore is aiming to become a regional hub for renewable energy, with plans to increase the share of renewable energy in its power generation mix to 100% by 2050. The country is investing heavily in solar, wind, and other renewable energy sources.



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