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5/7/11

ASEAN Launches Joint Stock Website?

Map showing ASEAN member states Legend ██ ASEA...Image via Wikipedia

VIVAnews - ASEAN launched a joint Internet site of the seven stock exchanges Southeast Asian countries. The launch of this site is intended to achieve connectivity in the ASEAN markets.
"At the same time, we will soon to be fully implemented and Investment Credit Guarantee Facility of U.S. $ 700 million," said President Susilo Bambang Yudhoyono in a speech opening the ASEAN Summit, Saturday, May 7, 2011.
Yudhoyono also said that the finance ministers of ASEAN countries have closed ranks Infrastructure Fund towards the establishment of ASEAN (ASEAN Infrastructure Fund) to support infrastructure development in the region.
In the speech, Yudhoyono said that the pace of ASEAN countries do not stop there. ASEAN, Yudhoyono said, also must ensure that the Master Plan on ASEAN Connectivity can be implemented effectively.
"In this regard, Indonesia is currently completing a Master Plan for the Acceleration and Expansion of Economic Development of Indonesia (MP3EI), in order to accelerate the construction of six economic corridors in Indonesia,"
"I am sure, what is Indonesia doing this forward, in addition to developing national economy and connectivity of intra-Indonesia, will also further raise the ASEAN economies, as well as speed up establishment of ASEAN connectivity," said SBY.
Besides economic issues, Yudhoyono also explores the problem of natural disasterIn this case, Yudhoyono said that there are two main things that need attention.
"First, we need to increase capacity and regional coordination, through the establishment of the ASEAN Coordinating Centre for Humanitarian Assistance on Disaster Management (AHA Centre)," said SBY.
Secondly, he explained, is to carry out joint exercises handling natural disasters, as has been implemented in the ASEAN Regional Forum Disaster Relief Exercise in Manado in March, co-chaired by Indonesia and Japan. (Umi)• VIVAnews

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