Skyral’s Post

Malaysia and Singapore have joined forces to launch a special economic zone in Johor, in another step towards deeper economic integration and cross-border collaboration in the ASEAN region. This partnership is more than just a handshake – it’s about creating 20,000 skilled jobs over five years, with industries like manufacturing, healthcare, and energy in focus. Throw in tax perks and a state-of-the-art Rapid Transit System to move 10,000 passengers per hour, and you’ve got a recipe for real progress. But the real story here is the spirit of cooperation. Singapore PM Lawrence Wong emphasised the importance of ASEAN working together to stay competitive on the global stage. It’s an encouraging sign of how South East Asian states in particular value regional collaboration which is inspiring confidence in investors and domestic talent alike. For anyone invested in the future of borderless talent, this is one to watch. ASEAN is showing how connecting economies is crucial, and how facilitating cross-border talent increases value for both parties. #ASEAN #CrossBorderTalent #EconomicIntegration #Singapore #Malaysia

𝐋𝐢𝐭𝐡𝐮𝐚𝐧𝐢𝐚 𝐝𝐞𝐞𝐩𝐞𝐧𝐬 𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐊𝐢𝐧𝐠𝐝𝐨𝐦! On December 5, Mr. Julius Pranevičius, Director for Indo-Pacific of the Ministry of Foreign Affairs of the Republic of Lithuania met with EuroCham leadership to discuss plans to expand his nation’s business presence in Cambodia. The meeting took place shortly after the signing of a MoU at the first session of the Cambodia-Lithuania Bilateral Consultations. The agreement will formalise bilateral linkages between the nations with special focus on high-level engagements and knowledge sharing. Lithuania’s expertise in technology and manufacturing will likely find a welcome home in Cambodia within the public and private sectors, as the momentum behind digitisation and value-added manufacturing continues to grow. #EuroChamCambodia #GlobalCollaboration #Technology #lithuania

⭐ 𝗩𝗶𝗲𝘁𝗻𝗮𝗺 – 𝗔 𝗥𝗶𝘀𝗶𝗻𝗴 𝗦𝘁𝗮𝗿 𝗳𝗼𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀: 𝗘𝘂𝗿𝗼𝗖𝗵𝗮𝗺’𝘀 𝗕𝗖𝗜 𝗤𝟰 𝟮𝟬𝟮𝟰 𝗦𝗵𝗼𝘄𝘀 Vietnam is evolving as an attractive destination for Foreign Investment. 𝗘𝘂𝗿𝗼𝗖𝗵𝗮𝗺’𝘀 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝗜𝗻𝗱𝗲𝘅 (𝗕𝗖𝗜) 𝗤𝟰 𝟮𝟬𝟮𝟰 reveals that 75% of European businesses are likely to recommend Vietnam for investment – a notable rise from 67% in Q3 2024. 💡𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗯𝘆 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗶𝗻 𝗩𝗶𝗲𝘁𝗻𝗮𝗺  European businesses are making practical adjustments in investment and operational strategy to capitalise on opportunities in Vietnam. Particularly: ▸ 𝗢𝗻𝗲 𝗶𝗻 𝗳𝗼𝘂𝗿 (𝟮𝟱%) of companies are planning to establish partnerships with Vietnamese suppliers or service providers.  ▸ 𝗢𝗻𝗲 𝗶𝗻 𝗳𝗶𝘃𝗲 (𝟮𝟭%) of companies are considering expanding their footprint in the Vietnamese market.   ▸ 𝗢𝗻𝗲 𝗶𝗻 𝘁𝗵𝗿𝗲𝗲 (𝟯𝟬%) are looking to increase their import/export operations and/or shift production to Vietnam.    🚀 𝗞𝗲𝘆 𝗙𝗼𝗰𝘂𝘀 𝗔𝗿𝗲𝗮𝘀 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗚𝗿𝗼𝘄𝘁𝗵 To maintain the positive momentum and 𝗮𝘁𝘁𝗿𝗮𝗰𝘁 𝗺𝗼𝗿𝗲 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗗𝗶𝗿𝗲𝗰𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 (𝗙𝗗𝗜), Vietnam must address: ▸ Developing core infrastructure (roads, ports, bridges, etc.)  ▸ Streamlining administrative procedures and enhance regulations clarity  ▸ Resolving visa and work permit hurdles for foreign experts   ▸ Ensuring a sustainable energy supply Despite global challenges, Vietnam’s robust economic growth, improving infrastructure, and sound trade policies continue to strengthen business confidence. Addressing key remaining challenges will solidify its position as a premier destination for FDI. 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗣𝗿𝗲𝘀𝘀 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗮𝗻𝗱 𝗥𝗲𝗽𝗼𝗿𝘁 𝗵𝗲𝗿𝗲: https://lnkd.in/gE75dPRU 📧 For interview inquiries with EuroCham concerning this report, please extend your request to Ms. Tram Hoang, Media & Communications Officer via tram.hoang@eurochamvn.org. #EuroChamVietnam #InvestmentInVietnam #FDI #BCI ___ 🟢 𝗦𝘁𝗮𝘆 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗼𝗼𝗽, 𝗷𝗼𝗶𝗻 𝗘𝘂𝗿𝗼𝗖𝗵𝗮𝗺 𝗩𝗶𝗲𝘁𝗻𝗮𝗺'𝘀 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗴𝗿𝗼𝘂𝗽 𝗳𝗼𝗿 𝗸𝗲𝘆 𝘂𝗽𝗱𝗮𝘁𝗲𝘀: https://lnkd.in/gmWTafvJ

Ministry of Foreign Affairs Lunch Discussion: Advancing Opportunities for US Companies in Indonesia #AmCham Indonesia had the honor of participating in the Ministry of Foreign Affairs Lunch Discussion hosted by DG Americas & Europe Bapak Umar Hadi, and co-hosted by Bapak Ilham Habibie. The event was attended by representatives from American companies in Indonesia. This meeting provided valuable insights into fostering stronger business relations between Indonesia and foreign enterprises. #USIndonesiaPartnership #BusinessGrowth

Exciting News!! PASPALIS and the Darwin Innovation Hub recently hosted a delegation from the Vietnamese Association of Foreign Invested Enterprises (VAFIE) to discuss investment opportunities and strengthen ties between North Australia and Vietnam. Key Points: 🔹 Mutual investment exploration 🔹 Focus on venture capital, co-investment partnerships, and trade 🔹 Sectors: food supply, tourism, logistics, and construction 🔹 Emphasis on early-stage investments to boost NT's economy Paspalis showcased its successful investments in the Asia Pacific and expressed a strong interest in Vietnam's potential. The VAFIE delegation highlighted vocational training and skilled labor export opportunities. This collaboration marks a significant step towards fostering economic growth and innovation in both regions. Read more here about the Vietnamese Delegation discussion: https://lnkd.in/gFgGxZUQ #Investment #Innovation #Vietnam #NorthernAustralia #EconomicGrowth #Paspalis

Strengthening cross-strait relations With Melissa Lee, Lo Seng Chai, Muhamad Noor, Ramesh Devadasan and Malvin Singh from the Singapore High Comission in Malaysia during the Japan National Day reception at JW Marriot, Kuala Lumpur on 20 February 2023. The two neighbors enjoy unique, robust (although occasionally testy) bilateral ties, forged by their shared history and profound economic dependence and influences on one another. They have come a long way from the turbulent creation of the city-state after being expelled from Malaysia in 1965 to build a near inseparable, mutually beneficial interdependence anchored on strong political, economic, cultural and familial relations. Singapore is the largest foreign investor in Malaysia and they are each other's second largest trading partner. In a world fraught with conflicts and tension among neighboring countries, Malaysia-Singapore bilateral ties stand out like a shining beacon that serves as a great example of what can be achieved when nations focus on setting aside differences and working together to fulfill common aspirations, interests and objectives.

Prabowo's Indonesia and the future of India-Indonesia strategic ties - Observer Research Foundation "Under Prabowo, a more robust iteration of Indonesia’s independent and active (bebas dan aktif) foreign policy and non-aligned stance in responding to regional and international dynamics is being expected. However, there will be some major shifts from the previous Jokowi era in Indonesia’s foreign policy approach under Prabowo. What will these changes be and will they help in pushing forward the India-Indonesia Comprehensive Strategic Partnership? How can India use these shifts/ changes to its advantage in terms of strengthening its partnership with the biggest country in Southeast Asia and also probably the most dominant voice within the ASEAN?" https://lnkd.in/gB9fcimp #indonesia #india #southeastasia #asean #indopacific

Are you Southeast Asian? If so, we want to know your answers to the following questions and more - which major power do you trust the most? Between the US and China, who would you choose? what worries you most about ASEAN? Please take some time to fill this important survey which has been cited by the Economist, Foreign Affairs, Financial Times and many other major publications. Terima kasih!

This is gonna be interesting to know how Southeast Asians are aware of being Southeast Asians: not just citizens of their respective countries, or members of their ethnic or religious groups.