Singapore inked a memorandum of understanding (MoU) on establishing a bilateral Green Economy Framework with the UK at a video conference between Singaporean Minister for Trade Relations S Iswaran and Secretary of Energy Security and Net Zero of the UK Grant Shapps on March 1.
Hanoi (VNA) - Singapore inked amemorandum of understanding (MoU) on establishing a bilateral Green Economy Framework with the UKat a video conference between Singaporean Minister for Trade Relations SIswaran and Secretary of Energy Security and Net Zero of the UK Grant Shapps on March 1.
The UK-Singapore Green Economy Framework (UKSGEF), which covers three areas of green transport, low carbon energy and technologies, and carbon markets and sustainable finance, is hoped to promotebilateral cooperation in the green economy, support economic growth andcreate jobs in green sectors whilst encouraging the decarbonisation of economicactivities.
Singapore and the UK have identified possible areasof cooperation, such as maritime and air transport decarbonisation. Theframework wil😼l also support collaboration between the two countries’governments, academia and business communities through joint activities suchas enterprise matching and co-innovation projects as well as green capabilitydevelopmentꦜ for small- and medium-sized enterprises.
Iswaran said the framework is built on the basis of the robust and dynamicbilateral economic partnership, which is underpinned by the UK-Singapore FreeTrade Agreement (UKSFTA) and the UK-Singapore Digital Economy Agreement(UKSDEA).
Through this initiative, both sides will enhancecooperation in areas such as innovative decarbonisation measures, low carbonenergy and technologies, and high-integrity carbon markets.
The UK is Singapore’s sixth largest service and trading partner globally, with bilateraltrade in servic💛es exceeding 23 billion USD in 2020. The UK is also the largestEuropean investor in Singapore and the second largest investment destination inEuropꦍe for Singaporean firms. The UK has so far invested nearly 130 billion USDin Singapore, while Singapore’s investment in the UK reached nearly 65 billionUSD./.
The Monetary Authority of Singapore (MAS) has imposed penalties on the local units of two UK-based banks – Standard Chartered and Coutts – for breaching anti-money laundering (AML) rules related to Malaysia's 1MDB fund.
Singaporean Minister for Trade and Industry Chan Chun Sing and UK Secretary of State for International Trade Elizabeth Truss signed a bilateral free trade agreement on December 10.
Singapore and the UK have basically concluded negotiations on the UK-Singapore Digital Economy Agreement (UKSDEA), which began in June this year, according to the Singaporean Ministry of Trade and Industry.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.