This year saw the International Monetary Fund rank Qatar as the world’s richest country based on gross domestic product per capita. According to the World Economic Forum’s Global Competitiveness Report 2017–2018, Qatar ranks as the 25th most competitive economy in the world and the country is continuing to develop its ties to Japan.
In 2008, during the reign of His Highness Sheikh Hamad bin Khalifa Al Thani, the Father Amir, the Qatar National Vision (QNV) 2030 was launched to lead Qatar into the future.
This year marks the 100th anniversary since the birth of Sheikh Zayed bin Sultan Al Nahyan, the revered former ruler of the United Arab Emirates. Year of Zayed celebrations are being held in recognition of Sheikh Zayed’s visionary nation-building achievements and strong values based on wisdom, respect, sustainability and human development, which have shaped the UAE and its citizens. Under Sheikh Zayed’s leadership, the UAE, with its diverse, cosmopolitan society, has become an international business and travel hub within the Middle East.
As Chair of this year’s 33rd Association of Southeast Asian Nations (ASEAN) Summit, Singapore is forging partnerships and creating a resilient and innovation-driven economic region. “We will continue to focus on an agenda aimed at fostering ASEAN unity and centrality through the theme ‘resilience’ and enhancing regional economic integration through ‘innovation,’” said Chee Wee Kiong, Permanent Secretary, Singapore Ministry of Foreign Affairs. “Japan and Singapore have over the years established cooperative ties...
President Tsai Ing-wen’s administration has placed high priority on transforming Taiwan’s economy.
The government aims to drive growth through five major advanced industries — green energy, smart machinery, biotechnology and pharmaceuticals, defense and the development of an Asian Silicon Valley.
The latter involves the development of solutions driven by the “internet of things” and artificial intelligence, and will support technology start-ups.
The Japanese government’s efforts to facilitate cultural exchanges with Hong Kong have resulted in programs offered to students interested in studying and immersing themselves in Japanese society.
The Japan Hong Kong Society helps to promote mutual understanding and friendship between Hong Kong and Japan through cultural cooperation.
Through strong leadership and the establishment of real economic drivers, the Philippines has transformed itself into a leading Southeast Asian investment destination.
Despite impressive economic growth, there are ‘growing pains’ for the country to address and infrastructure acceleration is high on the government’s ten point Socioeconomic Agenda.
Since Japan and Indonesia established bilateral relations in 1958, much has been achieved. Trust, investment and a spirit of partnership have enabled the relationship to grow beyond economic and political ties and encompass friendship and social responsibility. Over the last decade, Japan has become one of Indonesia’s top export destinations.
Japan and ASEAN, which celebrate 45 years of friendship and cooperation this year, have built up an excellent relationship over many years. Our economic ties have developed into a very close, mutually beneficial relationship, with more than 10,000 Japanese companies actively engaged in business in many different areas in the ASEAN region.
The city-state of Singapore has seen remarkable growth since being founded just over half a century ago. By upholding the best of Asian values, Singapore continues to lead the way in an increasingly globalized world. Many Southeast Asian countries are blessed with an abundance of natural resources.
Taiwan continues to impress global markets through its focus on innovation, technology and stability. An expanding economy, GDP is expected to grow at 2.27 per cent in 2018. The self-governing island nation seeks to secure its position as the most prominent of the ‘Four Asian Tigers’ -Taiwan, Hong Kong, Singapore and South Korea.
‘What we have decided today is only a small beginning of what we hope will be a long and continuous sequence of accomplishments of which we ourselves, those who will join us later and the generations to come, can be proud’. - Dr. Thanat Khoman.
India is the fastest growing economy in the world. According to a report released earlier this year by The World Bank, the country’s projected growth rate of 7.2 per cent for 2017-2018 is expected to increase to 7.7 percent in 2019-2020. To sustain this level of growth, the country must continue to attract foreign investment and India is committed to strengthening its ties with the ten Association of Southeast Asian Nations (ASEAN) member countries.
In 1967, Malaysia, Singapore, Thailand, Indonesia and the Philippines founded the Association of Southeast Asian Nations (ASEAN). Fifty years later, ASEAN is a diverse community of ten member countries with a combined population of 630 million. The economically dynamic region is on a path towards greater integration through strong regional trade ties, interconnectivity and a shared vision for the next fifty years.
Singapore and Indonesia celebrate fifty years of diplomatic relations this year. With an increasing number of Singaporean companies investing in Indonesia and Singapore continuing to offer Indonesian companies access to its world-class financial system, the two nations have formed a strong alliance.
This year sees the Philippines hold the Chairmanship of ASEAN (Association of Southeast Asian Nations) during the Associations fiftieth anniversary. As the country addresses challenges and embraces economic opportunities, the Philippines is looking to strengthen its trade, investment and cultural ties with its ASEAN neighbours while encouraging visitors to come and explore the country for themselves.
“July 1, 2017 marks the 20th anniversary of the return of Hong Kong to our Motherland and the establishment of the Hong Kong Special Administrative Region (HKSAR). Since our return to the Motherland, the principles of "one country, two systems", "Hong Kong people administering Hong Kong" and a high degree of autonomy have been successfully implemented in Hong Kong."