The ASEAN heads of government participating in the World Economic Forum on ASEAN meeting in Phnom Penh in May have endorsed a proposal to study new ideas for the ASEAN organization on its 50th anniversary.
The Forum’s ASEAN Regional Strategy Group (RSG) – consisting of 26 ASEAN chief executive officers, government ministers and academics – presented the plan to the President of the Philippines and the Prime Ministers of Cambodia, Laos and Viet Nam.
All four welcomed the proposal, and Rodrigo Roa Duterte, President of the Philippines and Chair of ASEAN in 2017, invited the RSG to present the study and the ideas it contains at the next ASEAN Heads of State meeting in Manila in November.
“On its 50th anniversary, the ASEAN organization has made significant progress, not least in fostering a region of peace and stability that is nurturing rapid economic development,” said Nazir Razak, Chairman, CIMB Group in Malaysia, and Chair of the ASEAN RSG.
“But new challenges, especially the onset of the Fourth Industrial Revolution, suggest that regional integration in South-East Asia – and the implementation of the ASEAN Economic Community in particular – should be accelerated to boost economic resilience.”
Justin Wood, Head of Asia Pacific and Member of the Executive Committee, World Economic Forum, added: “The study will be produced under the leadership of the World Economic Forum. The idea is to examine different regional integration models around the world, such as the EU, NAFTA, Mercosur, GCC and others, with a view to identifying novel ideas for the ASEAN regional grouping. The study will also examine closely how the technological disruptions of the Fourth Industrial Revolution change the imperatives for, and character of, regional cooperation. Issues such as how the ASEAN organization makes decisions, how it is funded and how it implements policy will all be considered.”
Also during the meeting in Phnom Penh, the RSG shared the results of a survey of 23,700 ASEAN young people between the ages of 18 and 22 for their views on ASEAN and their prospects.
Among the key findings:
69% of ASEAN youths expect to have a better life than their parents. (Only 13% expect the opposite.)
90% of ASEAN youths are aware of the Association of South-East Nations (ASEAN) and understand its goals
64% of ASEAN youth believe that being part of ASEAN will improve their career and job prospects (only 5% think being part of ASEAN will make their lives worse)
"The results suggest that the countries of ASEAN have done a great job in building awareness around regional integration,” said Nazir.
“It also suggests that now is the time for policy-makers to shift gear away from awareness and towards action. It is time to go beyond awareness-building, towards accelerating integration. The next generation wants it."
The survey was conducted online in partnership with Sea Group, a Singapore-based internet company, and included responses from six ASEAN countries: Indonesia, Malaysia, Philippines, Singapore, Thailand and Viet Nam. Half of the 23,700 respondents had tertiary education, the other half were educated to high-school level.
Some 70% were male and 30% were female.
Media Statement
Wed May 24 2017
CIMB chairman Datuk Seri Nazir Razak said on its 50th anniversary, the ASEAN organization has made significant progress.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.