#ASEAN Institute

[kazifatagar]

Malaysia Sets New Regional Standard with Successful Launch of ASEAN Change Management Conference

KUALA LUMPUR, 10th October 2024 – Malaysia made a significant stride in regional leadership with the inaugural ASEAN Change Management Conference, positioning itself as a hub for advancing organisational transformation in Southeast Asia. Organised by K-Pintar Sdn Bhd at the Wyndham Grand Bangsar, the landmark event set a new benchmark, drawing global thought leaders and change practitioners under…

[xtruss]

Russia Speeds Up De-Dollarization As It Eyes Settlement In ASEAN Currencies

— Global Times Staff Reporters | July 13, 2023

Crumbling Dollar Hegemony. Illustration: Liu Rui/Global Times

Russia is seeking to settle trade with ASEAN countries in their local currencies in a bid to boost bilateral trade, according to media reports on Thursday, signaling the latest de-dollarization effort by Moscow as it faces sweeping Western sanctions over the Ukraine crisis.

Russia's efforts come as many other emerging market economies, including China, India and ASEAN, are moving to use local currencies to settle trade amid chaos in the global payment system created by US-led Western sanctions.

The de-dollarization trend is conducive for China's foreign trade as well as the yuan's internationalization, analysts said.

While attending the ASEAN Regional Forum in Jakarta, Indonesia, Russian Foreign Minister Sergey Lavrov suggested settling trade between Russia and ASEAN with their national currencies, the Nikkei Asia reported on Thursday.

"Practical cooperation interests between Russia and ASEAN countries, including Indonesia, will be answered with the launch of consultations on the use of national currencies in mutual settlements," Lavrov said in an interview with Indonesian newspaper Kompas on Wednesday.

This is all part of Russia's de-dollarization effort, which is actually good for Russia, ASEAN and other countries amid the increased weaponization of the dollar by the US, according to Song Kui, President of the Contemporary China-Russia Regional Economy Research Institute.

Song said both the yuan and ruble have been used mostly in China-Russia trade, especially for energy, which helped boost growth in bilateral trade.

China's trade with Russia surged 50.9 percent year-on-year to about 791.43 billion yuan ($110.49 billion) in the first half year, with China's exports to Russia jumping 91.7 percent and imports from Russia up 28 percent, according to Chinese customs data on Thursday.

Despite the US-led West's sanctions against Russia and baseless accusations against China's normal trade ties with Russia, China and Russia are aiming to lift bilateral trade to $200 billion by the end of 2023.

Bilateral trade activities are picking up - for example, the 7th China-Russia Expo held in Yekaterinburg, Russia from July 11 to 13. More than 300 Chinese enterprises attended the event, which was largest scale so far, Shu Jueting, a spokesperson for the Chinese Commerce Ministry, said on Thursday.

"Chinese and Russian enterprises had comprehensive communications and exchanges on cooperation in areas such as energy, agriculture, forestry, industry, transportation and people-to-people exchanges and culture," Shu told a press conference.

"The US cannot stop normal cooperation among countries, because such cooperation benefits the peoples of the countries," Song said.

The ill-intended US attempt to undermine normal economic and trade cooperation among countries will hurt its own interests, Song noted.

Many countries have switched to the yuan for trade. For example, Indian refiners have begun paying for some oil imports from Russia that way. In Latin America, Argentina began to use the yuan to settle part of its debt with the IMF for the first time on June 30.

[southeastasianists]

In the days since Hamas launched a deadly attack on southern Israel on 7 October, the Association of Southeast Asian Nations has not made a formal statement about the crisis. This is not surprising, given that each ASEAN member sees the conflict differently. The language adopted and positions taken by individual ASEAN members reflect the interplay of historical or domestic dynamics in their foreign policy. ASEAN is a grouping – but on this issue, not a bloc.

Let’s look at the diverse response from the ASEAN members – where at one end of the spectrum, Brunei, Malaysia and Indonesia have expressed unity with the Palestinians. None of them has diplomatic relations with Israel and all have remained steadfast in their criticism of Israel despite Western pressure. Malaysian Prime Minister Anwar Ibrahim spoke to Ismail Haniyeh, the political bureau chief of Hamas, and expressed support for an immediate ceasefire in the Gaza Strip.

In each of Malaysia, Brunei and Indonesia, religion is significant in domestic politics. With Muslim majority populations, there is widespread public solidarity with the Palestinian struggles.

The significance of religion in Indonesian domestic politics was compelling enough for Ganjar Pranowo, one of the candidates for next year’s presidential election, to appear during an Islamic prayer call on a private TV station as part of his campaign. Furthermore, recent public demonstrations in Jakarta and Kuala Lumpur against Israel and the United States reflect sentiment on the street about the latest fighting, which governments cannot ignore.

Conversely, Singapore took a firm position against Hamas and strongly condemned the “terror attacks”. The small island-state has close defence relations with Israel, with Israeli military advisers assisting the Singapore Armed Forces since Singapore’s independence in 1965. Defence relations remain strong, as reflected in the joint development and production of surface-to-surface Blue Spear missiles.

Singapore’s strong stance against Hamas leaves it out of step with its larger Muslim-majority neighbours. Bilahari Kausikan, an influential former Singaporean diplomat, made clear the difference by frankly labelling as “bullshit” a view he attributed to a Malaysian ex-diplomat for the “root cause of the current violence” to be addressed, instead supporting a robust Israeli military response against Hamas.

Nevertheless, Singapore is concerned the crisis could lead to domestic division along religious lines as there is a sizable Muslim minority in the island-state. The government has banned events and public assemblies concerning the current Israel-Hamas conflict, citing rising tension as a reason. And to avoid a view that the Singapore position was one-sided, a government minister later said it was possible to be concerned regarding the Palestinian plights while condemning Hamas’ action. The Singaporean President and Prime Minister sent letters to Palestinian leaders, expressing condolences for the mounting casualties in the Gaza Strip, and pledging a $300,000 donation in humanitarian aid.  

Two other ASEAN members, the Philippines and Thailand, have large numbers of nationals working in Israel and have suffered casualties in the current crisis. Yet each responded differently. The Philippines condemned Hamas’ actions, while Thailand initially expressed neutrality, stating that “we do not know the truth about the political climate between the two nations [Palestine and Israel].” Manila’s response could be attributed to its experience battling militant groups in the southern Philippines over decades. As recently as 2017, militant groups professing alignment with the Islamic State seized control of Marawi, a city in the south of the Philippines, which led to a months-long campaign by the Philippines military with regional support to drive the militants out.

Across mainland Southeast Asia, Cambodia, Laos and Vietnam issued softer statements, expressing concern about the crisis without assigning blame to any party. The military junta in Myanmar is more focused on regime survival, launching an air strike against domestic insurgents, killing 29 people a few days after the Hamas attack on Israel.

These historical and domestic dynamics inform the policy of individual ASEAN states and provide some perspective in their reading of and response to the current crisis in the Middle East. It demonstrates a lack of unity among the Southeast Asian grouping that some observers argue dilutes its relevance. Yet despite the diverse responses by individual ASEAN members, there has been no official criticism by one member against another. This is consistent with ASEAN’s norms of non-interference in each other’s affairs, which aims to ensure the stability of Southeast Asia, a region that is still experiencing the threat of terrorism, internal rebellions, and inter-state territorial disputes.

Perhaps the silent acceptance of diverse positions is a strategy for ASEAN to cope in the more volatile world that we live in today.

[jasellaga]

EMPOWERING EXCELLENCE: NAVIGATING USeP's VISION, MISSION, AND EDUCATIONAL JOURNEY During our first class, we had a meaningful discussion about USeP's vision, mission, goals, and values, which are encapsulated in the acronym CARES: collaboration, accountability, resilience, excellence, and service-oriented. Our teacher also challenged me to define the meaning of the school's vision, which is "premiere research university transforming communities in the ASEAN and beyond." Although I initially struggled to provide a satisfactory answer, our teacher guided us and helped us understand the significance of these principles. It was a valuable learning experience that saved us from feeling overwhelmed.

Furthermore, our teacher also took the time to explain the significance of the school's tagline, "Build dreams without limit." While we were familiar with the phrase, he helped us understand the process of envisioning and pursuing our dreams. He emphasized the importance of perseverance, determination, and the willingness to overcome challenges along the way. Through his guidance, we gained valuable insights on how to set goals, create actionable plans, and navigate the difficulties that may arise.

Lastly, our teacher shared with us the history of the university, including its founding date and significant milestones. He also delved into the quality objectives of the institution, specifically focusing on the Institutional Graduate Attributes (IGA). These attributes were thoroughly explained, highlighting their importance in shaping well-rounded graduates. Additionally, our teacher outlined the objectives of each program and provided insights into the schools and programs within the university. This overview gave us a deeper understanding of the university's structure and goals, setting a solid foundation for our academic journey.

[mariacallous]

In May 2022, Joe Biden was on a charm offensive. The US president invited the leaders of 10 Southeast Asian nations to the White House for the first time for talks about the region, which is home to more than 600 million people. High on the agenda was China—a key trading partner for all the countries, but also a potential threat to their stability. Biden promised $150 million in extra support for the nations to help improve their security, infrastructure, and ongoing pandemic response. 

However, in the weeks leading up to the meeting, according to a cybersecurity alert seen by WIRED, hackers working on behalf of China were stealing thousands of emails and sensitive details from the Southeast Asian nations. The cyberespionage, which has not been previously reported, is the latest in a string of incidents where Chinese-linked hackers have quietly compromised neighboring countries, looking to gain political and economic information.

According to the cybersecurity alert, Chinese-linked hackers were able to break into mail servers operated by the Association of Southeast Asian Nations (ASEAN) in February 2022 and steal a trove of data. The ASEAN organization is an intergovernmental body made up of 10 Southeast Asian countries, including Singapore, Malaysia, and Thailand. This was the third time the organization has been compromised since 2019, the document says.

The hackers were able to steal “gigabytes” of emails sent by ASEAN countries, and the data was stolen “daily,” according to the cybersecurity alert. It’s believed that the attackers stole more than 10,000 emails, making up more than 30 GB of data. The incident “impacts all ASEAN members due to correspondence that was compromised,” the alert says. The notification was sent to cybersecurity agencies, foreign affairs ministries, and other governmental organizations in all 10 of the ASEAN member countries. 

Haji Amirudin Abdul Wahab, the CEO of CyberSecurity Malaysia, an agency under the country’s Ministry of Science, Technology, and Innovation, says it received the alert in 2022, notified officials within the country, and generally condemns hacking. Other nations impacted declined to comment or did not respond to WIRED’s request for comment. The ASEAN group itself did not respond to repeated requests for comment. 

China's embassy in the US did not immediately respond to a request for comment.

Amplified Voices, Quiet Theft

“ASEAN is really important as the key regional grouping, not just in Southeast Asia but beyond,” says Susannah Patton, director of the Southeast Asia Program at Australian think tank the Lowy Institute. Patton explains that ASEAN helps coordinate Southeast Asian policies across a number of different areas. “Even beyond Southeast Asia, ASEAN has an important role because it convenes or organizes other big regional summits,” Patton says. As a result, the data it holds could be useful for understanding political feelings in the region.

ASEAN helps to “amplify” the voices of the 10 member countries that are involved in it, says Scot Marciel, an Oksenberg-Rohlen Fellow at Stanford University and former US ambassador to Indonesia and Myanmar. The group holds both formal meetings and informal conversations, Marciel says, and will discuss everything from economic integration and infrastructure plans to trade negotiations and geopolitics. “That would all be stuff that I would think Beijing would be interested in,” Marciel says.

The cybersecurity alert seen by WIRED says that to steal emails from ASEAN, Chinese threat actors used “valid credentials” to compromise mail servers linked to the group. These Microsoft Exchange servers used the mail.asean.org and auto.discover.asean.org domains. The document also lists four Microsoft Exchange server vulnerabilities that were abused by those behind the hack. Microsoft first published details of the vulnerabilities in March 2021 and linked their use to Chinese threat actor Hafnium, which attacked tens of thousands of mail servers at the time.

The cybersecurity alert advised member countries to reset credentials, monitor remote email collection from unknown locations, and defend against the vulnerabilities. It also notes that this isn’t the first time Chinese threat actors have compromised ASEAN. In July 2021, the alert says, the ShadowPad malware was used to compromise the organization. Meanwhile, between May and October 2019, Chinese attackers used the PlugX malware to steal more than 100 ASEAN-related documents. 

ShadowPad and PlugX are both remote-access tools that are commonly used by Chinese-linked hackers, says Ben Read, director of cyberespionage analysis at US cybersecurity firm Mandiant. They operate as backdoors and allow hackers to take control of someone’s machine, including uploading and downloading files and moving through someone’s network. “PlugX has been the workhorse of Chinese cyberespionage for the past decade,” Read says. 

Hacking Spree

For all countries across Southeast Asia, China is a crucial partner. The nation is the biggest power in the region, and trade between the countries is crucial to many of their economies. “China wants to build closer ties with these countries,” says Olivia Cheung, a research fellow at the China Institute at SOAS University of London. Chinese president Xi Jinping has talked of building a “community of common destiny” with ASEAN countries.

Despite this, the playing field won’t be leveled. China has spent billions on infrastructure and manufacturing across Southeast Asia—particularly through the Belt and Road Initiative, an infrastructure investment project that helps give China political and economical power. As a result, there are many tensions between the neighbors, including around the South China Sea. “Efforts to deepen positive relations are quite often offset by the Chinese government's approach to securitize everything,” Cheung says.

China’s state-sponsored hackers are incredibly active in the area, multiple cybersecurity experts say. “The region holds vital strategic importance, due to its geographical location and its growing economic importance,” says Che Chang, a cyber-threat analyst at Taiwan-based cybersecurity firm TeamT5. Che says that in recent years government and military units in Southeast Asian countries have been a common target for China’s hackers. In the second half of 2022, there was a 20 percent increase in China-linked cyberattacks against Southeast Asian countries, compared with the same time in 2021, he says.

Security firm Recorded Future has tracked 10 Chinese-linked groups attacking Southeast Asian countries in the past two years—primarily government and military organizations. Throughout 2021, Recorded Future detected 400 servers in Southeast Asia that were communicating with malware infrastructure likely linked to Chinese state-sponsored actors, a report from the firm says. Malaysia, Indonesia, and Vietnam were targeted the most.

“The identified intrusion campaigns almost certainly support key strategic aims of the Chinese government, such as gathering intelligence on countries engaged in South China Sea territorial disputes or related to projects and countries strategically important to the Belt and Road Initiative,” the report says.

China’s state-sponsored hackers are considered some of the most sophisticated and capable in the world. Since the Ministry of State Security, the country’s civilian intelligence agency, largely took over cyber operations in 2015, it has been more aggressive in its hacking. Mandiant’s Read says that Chinese threat actors often share hacking tools, such as PlugX and Shadowpad, across different hacking groups.

Within Southeast Asia, Read says, it's common for attacks to involve spearfishing. “It's a little bit less cutting edge than we see operating in other places,” Read says. But it can still get results. Read cites one phishing email sent to multiple Southeast Asian countries named 2021ASEANcontactlistupdate.doc. “The amount of cyber intrusions are driven by intelligence requirements—somebody in Beijing saying, ‘We need to know more about this because it's important,’” Read says.

The cyberespionage and hacking threat from China has drawn more attention in recent years, with US and UK officials calling out the potential risks. On February 15, the European Union Agency for Cybersecurity (ENISA) issued a public advisory that reiterated the threat. It named six hacking groups linked to China and said they steal information after “establishing persistent footholds” in organizations. 

Across Southeast Asia, Che says, it is likely that China’s increase in attacks could be a response to the US focusing more on its relationships within Asia—he highlights economic and security operations as possible causes. “We believe the US policy shift has struck China's nerves,” Che says.

[beritahangat7788]

Mengembangkan perdagangan jasa, memacu nilai ekspor

Foto udara aktivitas bongkar muat peti kemas ekspor dan impor di Terminal Peti Kemas (TPK) Pelabuhan Tanjung Emas, Semarang, Jawa Tengah, Rabu (22/5/2024). ANTARA FOTO/Makna Zaezar/YU

Jakarta (ANTARA) - Indonesia masih mencetak prestasi gemilang dengan catatan neraca perdagangan yang surplus selama 53 bulan secara beruntun sejak Mei 2020. Namun, bersyukur saja tidak akan cukup untuk menjaga tren ini tetap stabil, bahkan seharusnya malah lebih melejit. ​​​​​​ Kondisi surplus pada September 2024 ini masih ditopang oleh komoditas nonmigas sebesar 4,62 miliar dolar AS, yang sebagian besar didorong oleh ekspor mesin dan perlengkapan elektrik serta bagiannya, pakaian dan aksesoris, alas kaki, bahan bakar mineral, lemak dan minyak hewani/nabati, hingga besi dan baja.

Komoditas tersebut jelas didominasi oleh perdagangan barang. Padahal, tren perdagangan dunia saat ini mulai mengalami perubahan menuju jual-beli di sektor jasa.

Oleh karena itu, Indonesia pun harus mulai bergerak ke sana, jika ingin mempertahankan atau meningkatkan neraca perdagangan yang terus berada di jalur surplus.

Peluang ekspor

Perdagangan jasa, terutama ekspor jasa, merupakan layanan yang mencakup bidang telekomunikasi, transportasi, konstruksi, bisnis, informatika, pariwisata, komunikasi, asuransi, layanan pribadi maupun Pemerintah, hingga industri kreatif.

Perihal perdagangan jasa, Indonesia mungkin masih jauh dibandingkan dengan negara-negara tetangga. Berdasarkan data ASEAN Statistical Highlights 2023, Singapura menduduki peringkat pertama di ASEAN dengan nilai ekspor jasa sebesar 291,20 miliar dolar AS.

Urutan kedua ditempati oleh Filipina dengan nilai ekspor jasa sebesar 41 miliar dolar AS. Thailand berada di peringkat ketiga dengan nilai 39, 54 miliar dolar AS, dan Vietnam di posisi keempat dengan menghasilkan 31,88 miliar dolar AS.

Malaysia berada di urutan kelima dengan nilai 31,88 miliar dolar AS dan Indonesia di peringkat keenam dengan menghasilkan 23,37 miliar dolar AS.

Sementara itu, perdagangan jasa di China mengalami pertumbuhan pesat dalam delapan bulan pertama 2024, yang meliputi peningkatan drastis dalam perdagangan jasa di bidang perjalanan wisata.

Nilai perdagangan jasa negara itu mencapai hampir 4,89 triliun yuan (1 yuan = Rp2.213) atau 691,24 miliar dolar AS (1 dolar AS = Rp15.658) pada periode Januari--Agustus, naik 14,3 persen secara tahunan (year on year/yoy), menurut Kementerian Perdagangan China.

Ekspor jasa menembus angka 2 triliun yuan, naik 13,3 persen, dan impor jasa melonjak 15,1 persen menjadi lebih dari 2,88 triliun yuan, menghasilkan defisit senilai 874,88 miliar yuan.

Perdagangan jasa yang berkaitan dengan perjalanan wisata meroket 45 persen hingga melampaui 1,33 triliun yuan, sementara perdagangan jasa padat pengetahuan (knowledge-intensive services) meningkat 4,4 persen menjadi hampir 1,9 triliun yuan.

Data-data tersebut bisa menjadi rujukan bagi Pemerintah untuk mulai mengoptimalkan perdagangan jasa, bila ingin meningkatkan nilai ekspor sekaligus memperluas pasar global.

Indonesia harus bersiap dengan strategi baru, tak hanya perdagangan barang yang diperluas cakupan wilayahnya, namun perdagangan jasa juga perlu untuk dilirik peluangnya.

"Strategi perdagangan juga mesti bergerak, dari hanya fokus ekspor-impor barang, mesti bergerak ke jasa juga," ujar ekonom Institute for Development of Economics and Finance (Indef) Dzulfian Syafrian.

Beberapa sektor jasa di masa depan yang bisa dikembangkan, antara lain, IT, jasa kreatif, jasa ritel, jasa bisnis, jasa konstruksi, jasa digital, dan jasa transportasi laut.

Selain itu, hasil kajian dari Organisasi Kerja Sama dan Pembangunan Ekonomi (Organisation for Economic Co-operation and Development/OECD), yang merupakan kerja sama antara Kementerian Perdagangan RI dengan Direktorat Perdagangan dan Pertanian, menyebut bahwa sektor jasa, termasuk telekomunikasi, transportasi, dan keuangan, akan menjadi pendorong utama pertumbuhan ekonomi Indonesia.

Laporan tersebut juga menekankan pentingnya percepatan reformasi dan liberalisasi di sektor-sektor ini untuk mendorong investasi, meningkatkan produktivitas, serta memanfaatkan momentum pertumbuhan perdagangan digital melalui kebijakan dan regulasi yang mendukung.

Hasil studi ini memberikan rekomendasi yang konkret untuk memperkuat daya saing sektor jasa di Indonesia, yang berguna untuk mengidentifikasi potensi, tantangan, dan peluang sektor jasa tanah air

[clodoveoes]

Richard Ong Finance: Gamuda Secures Dual Contracts, Market Optimistic About Future Prospects

Asian stock markets generally rose this morning, with the Malaysian stock market opening slightly higher after a significant pullback last week. The FTSE Composite Index reported 1,627.04 points, an increase of 0.54%. Among the highlights were Gamuda and MYEG Services, which captured market attention.

Richard Ong Finance noted that Gamuda recently announced two major contracts, sparking optimistic market expectations for its performance. Last Tuesday, Gamuda consortium successfully secured the Taipei Xizhi Donghu MRT contract, valued at 4.3 billion Malaysian Ringgit. Furthermore, on Friday, it announced securing the Sabah hydropower contract, with a combined value of approximately 3.05 billion Ringgit. These announcements led to a 1.61% rise in the Gamuda stock price this morning, reaching 8.62 Ringgit, making it the third-largest gainer in the market.

Richard Ong Finance believes that these contracts will significantly enhance the future revenue and profit performance of Gamuda, further solidifying its leading position in the regional infrastructure market. As the company continues to expand in international markets, its growth potential in the coming years remains robust.

Meanwhile, MYEG Services has also drawn investor attention. Through its Philippine subsidiary, the company has collaborated with the local National Home Mortgage Finance Corporation to integrate its payment system with the state-owned institution platform. This move marks the further expansion of MYEG in the Southeast Asian market, highlighting its leading position in government digital services.

Richard Ong Finance pointed out that the business expansion of MYEG in the Philippines aids the company growth in the ASEAN region, and its digital government services in multiple countries will further drive overall revenue growth.

Richard Ong Finance further analyzed that although Asian stock markets are generally recovering, investors should remain cautious, especially given the persistent global economic uncertainties. The rebound in the Malaysian stock market might be a short-term phenomenon, and future attention should focus on changes in macroeconomic conditions and corporate performance.

He advised investors to focus on companies with solid fundamentals and clear growth prospects, such as Gamuda, which recently secured significant contracts, and MYEG Services, which is continuously expanding its overseas markets.

Richard Ong Finance further stated that despite recent market volatility, companies with strong fundamentals and sound expansion strategies still hold long-term investment value. He highlighted that after securing two major infrastructure contracts, the future revenue and profits of Gamuda are expected to grow further, reinforcing its leadership in the construction sector.

He emphasized that Gamuda not only excels in domestic projects but also actively expands overseas, demonstrating the global vision and keen business strategy of its management. Therefore, the stock price recovery of such companies not only reflects market confidence in their short-term performance but also represents investor recognition of their long-term growth prospects.

Meanwhile, Richard Ong Finance believes that MYEG Services, through continuous overseas market expansion and innovative service models, showcases its strong competitiveness in the Southeast Asian market. The expansion in the Philippine market and payment system integration indicates that MYEG is not only consolidating its position in the local market but also exploring new growth avenues, further enhancing its diversified revenue sources.

He suggested that investors should closely monitor such companies, as they possess high resilience to risks and growth potential in a volatile market environment. Especially in the current global economic uncertainty, choosing companies with clear business strategies and expansion plans will help achieve excess returns when the market recovers.

Richard Ong Finance emphasized, “Investing requires not only attention to current market dynamics but also a long-term perspective, choosing companies that can withstand short-term fluctuations and capture long-term trends.”

[onetechavenue]

Registration Open for ASEAN Conference on Combatting Plastic Pollution 2024

Registration open to public: Date: October 28-29, 2024 Time: 9:00 AM – 5:00 PM GMT+7 Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9 The Ministry of Natural Resources and Environment of Lao PDR, the Economic Research Institute for ASEAN and East Asia and its Regional Knowledge Centre for Marine Plastic Debris, and United Nations Development Programme Lao PDR will host the ASEAN Conference on…

[aseaninstituteonline]

The Role of ASEAN in Promoting Sustainable Trade and Investment

by ASEAN Institute

Sustainable trade and investment have emerged as cornerstones of global economic development, as nations grapple with the challenges posed by climate change, income inequality, and resource depletion. Within this context, the Association of Southeast Asian Nations (ASEAN) has taken on a pivotal role, demonstrating the potential for regional cooperation in fostering sustainable economic growth. This article will explore ASEAN’s efforts to promote sustainable trade and investment practices, while considering the opportunities and challenges that lie ahead.

A key aspect of ASEAN’s approach to sustainable trade and investment lies in its commitment to economic integration. The ASEAN Economic Community (AEC) Blueprint 2025 envisions a highly integrated and cohesive regional economy that promotes equitable and sustainable development (ASEAN, 2015). The implementation of the AEC has led to a reduction in tariff barriers, improved trade facilitation, and enhanced regional connectivity, thus providing a conducive environment for the growth of sustainable trade and investment.

Moreover, ASEAN has taken a proactive stance in incorporating sustainability principles into its various initiatives. For instance, the ASEAN Green Bond Standards (AGBS) were launched in 2017 to facilitate the issuance of green bonds, thereby mobilizing capital for environmentally friendly projects (ASEAN Capital Markets Forum, 2017). Furthermore, the ASEAN Comprehensive Investment Agreement (ACIA) promotes responsible investment practices by incorporating provisions on environmental protection and corporate social responsibility (Thangavelu & Chongvilaivan, 2018).

ASEAN’s emphasis on sustainability has also been reflected in its engagement with external partners. For example, the European Union (EU) and ASEAN have been collaborating on the EU-ASEAN Trade and Investment Work Programme, which aims to promote sustainable and inclusive trade and investment policies (European Commission, 2020). Additionally, ASEAN is involved in the negotiation of the Regional Comprehensive Economic Partnership (RCEP), a mega-regional trade agreement that includes provisions on environmental goods and services, as well as sustainable development (Urata, 2018).

Despite these efforts, ASEAN faces several challenges in promoting sustainable trade and investment. One obstacle is the diverse economic landscape within the region, as member countries exhibit varying levels of development and capacity to implement sustainability policies (Tay, 2020). Additionally, the prevalence of informal economies and weak institutional capacities in some ASEAN nations may hinder the effective enforcement of sustainable trade and investment practices (Soesastro & Anas, 2017).

In conclusion, ASEAN has demonstrated its commitment to sustainable trade and investment through a range of initiatives, from regional economic integration to the development of sustainability standards. However, addressing the challenges of diverse economic landscapes and capacity constraints will be crucial for ASEAN to fully realize its potential in promoting a sustainable and inclusive regional economy.

References:

ASEAN (2015). ASEAN Economic Community Blueprint 2025.

ASEAN Capital Markets Forum (2017). ASEAN Green Bond Standards.

European Commission (2020). EU-ASEAN Trade and Investment Work Programme.

Soesastro, H., & Anas, T. (2017). Enhancing the ASEAN Institutional Framework for Sustainable Development. In H. Hill & M. G. Olsson (Eds.), Regional Growth and Sustainable Development in Asia (pp. 61–79). Springer.

Tay, S. S. (2020). ASEAN’s Heterogeneity: Challenges and Opportunities for Sustainable Development. Journal of Southeast Asian Economies

Read the entire article and more at the ASEAN Institute website.

Check out the ASEAN Institute on Youtube!

[sridevi09]

Scholarships in Canada: Unlocking Opportunities for Your Study Abroad Journey

Thinking about pursuing overseas education and dreaming of studying in Canada? Well, you’re not alone! Canada is one of the top destinations for international students, offering world-class education, a vibrant cultural experience, and a variety of opportunities. But what makes it even better? The scholarships in Canada that can help make your dream of studying abroad a reality.

In this blog, we’re going to dive into the different types of scholarships available in Canada, how to apply for them, and some tips to help you secure the funding you need for your studies. So, whether you’re at the beginning of your study abroad journey or already halfway through the application process, this guide will help you understand the scholarship landscape in Canada.

Why Choose Canada for Overseas Education?

Before jumping into the scholarship options, let’s take a quick look at why studying in Canada is such a great choice. First off, Canada is home to some of the best universities in the world. Schools like the University of Toronto, McGill University, and the University of British Columbia consistently rank among the top global institutions. Plus, Canadian degrees are internationally recognized, which means the value of your education will hold up wherever your career takes you.

Another reason students flock to Canada is its multicultural environment. The country prides itself on being diverse and inclusive, so you’ll likely feel right at home, no matter where you’re from. Finally, the quality of life in Canada is incredibly high. From its clean air and beautiful landscapes to its excellent healthcare and public services, living in Canada while you study will be an enriching experience both academically and personally.

Types of Scholarships in Canada for International Students

Now let’s get to the exciting part—scholarships in Canada. Scholarships can cover partial or full tuition fees and, in some cases, living expenses as well. These scholarships come from various sources: the government, educational institutions, and private organizations. Here are some of the main types you should know about:

1. Government-Funded Scholarships

Canada offers several government-funded scholarships aimed at attracting international students. These scholarships are highly competitive and generally target students with excellent academic records. Here are a few examples:

Vanier Canada Graduate Scholarships: If you’re aiming for a PhD, this scholarship offers $50,000 per year for three years.

Canada-ASEAN Scholarships and Educational Exchanges for Development (SEED): This is designed for students from ASEAN countries and covers short-term studies or research.

2. University-Specific Scholarships

Many Canadian universities offer their own scholarships to international students. These are often based on academic merit but can also consider extracurricular activities, leadership potential, or financial need. Some popular options include:

Lester B. Pearson International Scholarship at the University of Toronto: This scholarship is awarded to exceptional international students with strong academic and leadership skills.

International Major Entrance Scholarship (IMES) at the University of British Columbia: This scholarship is for high-achieving students who are new to UBC.

3. Private and Non-Governmental Organization (NGO) Scholarships

Various private organizations and NGOs also provide scholarships to international students studying in Canada. These often come with specific eligibility criteria, such as being from a certain country or studying a particular field. Here are some notable examples:

Trudeau Foundation Scholarships: These are for doctoral students who excel in research areas aligned with the foundation’s focus on social sciences and humanities.

Shastri Indo-Canadian Institute Scholarship: This scholarship is for students from India looking to study in Canada, particularly in the fields of arts, literature, and education.

How to Apply for Scholarships in Canada

Applying for scholarships can feel overwhelming, but breaking the process down step by step can make it more manageable. Here’s a simple roadmap to follow:

1. Research and Identify Scholarships

The first step is to find the right scholarships. Each scholarship will have different eligibility criteria, so make sure you match the requirements. Some scholarships are based on academic merit, while others may consider your extracurricular activities, community involvement, or even financial need.

Pro Tip: Use scholarship databases and the websites of Canadian universities to help streamline your search. Many institutions have dedicated pages listing scholarships in Canada specifically for international students.

2. Prepare Your Application Materials

Most scholarships require the following materials:

Academic transcripts: Ensure you have up-to-date copies of your academic records.

Letters of recommendation: These should come from teachers or employers who can speak to your qualifications.

Personal statement or essay: Some scholarships may ask for a short essay on why you deserve the scholarship or how it will help you achieve your career goals.

Proof of financial need: If the scholarship is need-based, you may need to provide documents showing your financial situation.

3. Meet Deadlines and Apply Early

Each scholarship has its own deadline, so staying organized is key. Make a spreadsheet or calendar to track deadlines and set reminders for yourself. Applying early gives you time to handle any unexpected hiccups, like missing documents or technical issues.

4. Ace the Interview (If Required)

Some scholarships, especially the more prestigious ones, may require an interview as part of the selection process. Treat this like a job interview—practice answering common questions, and make sure you can clearly articulate why you’re the best candidate for the scholarship.

Tips to Boost Your Chances of Winning a Scholarship

Maintain a strong academic record: Most scholarships in Canada are merit-based, so good grades are crucial.

Get involved in extracurricular activities: Universities and scholarship committees love well-rounded candidates. Volunteering, internships, and leadership roles can help you stand out.

Tailor your application: Avoid using a generic essay or recommendation letter for every scholarship. Customize your materials to reflect the specific criteria of each one.

Wrapping It Up

Getting a scholarship can significantly reduce the financial burden of your study abroad experience. With a wide range of scholarships in Canada, from government-funded to university-specific and private opportunities, there’s a good chance you’ll find one that suits your academic and personal profile.

So, start your search early, prepare thoroughly, and remember—this is an investment in your future. Studying in Canada not only offers a top-notch education but also opens doors to global opportunities. Good luck with your overseas education journey, and may the scholarships be ever in your favor!

[slvrdlphn]

Registration Open for ASEAN Conference on Combatting Plastic Pollution 2024

Registration open to public: Date: October 28-29, 2024 Time: 9:00 AM – 5:00 PM GMT+7 Registration: https://forms.gle/xCzPk1UHZ3ffcvHG9 The Ministry of Natural Resources and Environment of Lao PDR, the Economic Research Institute for ASEAN and East Asia and its Regional Knowledge Centre for Marine Plastic Debris, and United Nations Development Programme Lao PDR will host the ASEAN Conference on…

[edulink012]

Your Pathway to Success Begins in Malaysia

In today’s fast-paced, interconnected world, finding the right environment to unlock your potential and achieve your career goals is crucial. Malaysia, a vibrant and rapidly growing nation in Southeast Asia, offers a pathway to success that combines top-tier education, diverse opportunities, and a rich cultural experience. Whether you are a student aiming to study abroad, a professional looking for career advancement, or an entrepreneur ready to expand your business, Malaysia provides the ideal foundation for your journey to success.

Study in Malaysia

 World Class Education System

Malaysia has emerged as a global education hub, attracting students from all over the world. The country is home to several internationally recognized universities and institutions that offer a broad range of programs in fields like business, engineering, IT, and healthcare. These institutions partner with prestigious universities from the UK, Australia, and the US, giving students access to globally recognized degrees at a fraction of the cost.

 Why choose Malaysia for your studies?

•Affordable tuition fees and cost of living.

•High-quality education with diverse academic programs.

•A multicultural environment that fosters global networking.

By choosing Malaysia as your educational destination, you’ll not only receive an excellent education but also gain exposure to an international community that will prepare you for the global job market.

 Thriving Job Market:

Malaysia’s economy is one of the most robust in the region, with growing industries in technology, finance, manufacturing, and healthcare. The government has invested heavily in infrastructure and digital transformation, making it an attractive destination for professionals looking for job opportunities. Additionally, Malaysia is a key player in the ASEAN region, offering access to a wider network of business and employment opportunities.

 Key sectors with promising growth:

Technology: Malaysia is becoming a hub for digital innovation, with a growing demand for IT professionals, data analysts, and AI experts.

Finance: The financial services sector is thriving, with opportunities in banking, fintech, and insurance.

Healthcare: The healthcare industry is expanding rapidly, offering roles for medical professionals, researchers, and healthcare administrators.

The job market in Malaysia is diverse and competitive, providing numerous opportunities for career advancement. For expats, Malaysia offers attractive employment packages, work-life balance, and a welcoming community.

Study in Malaysia

 Entrepreneurial Opportunities:

For aspiring entrepreneurs, Malaysia is a land of opportunity. The government actively supports startups and small businesses through various grants, incentives, and incubation programs. With its strategic location in the heart of Asia, Malaysia is also an ideal launching pad for businesses looking to expand into the larger ASEAN market.

 What makes Malaysia great for business?

•Strategic location with access to major global markets.

•Business-friendly policies and government support.

• A diverse consumer market with growing purchasing power.

From tech startups to retail ventures, Malaysia’s entrepreneurial ecosystem is booming. The country’s supportive environment, combined with a growing digital economy, creates the perfect conditions for startups to thrive.

Rich Cultural Experience

Malaysia’s rich cultural heritage makes it an exciting place to live and work. With a blend of Malay, Chinese, Indian, and indigenous cultures, the country offers a unique mix of traditions, languages, and cuisines. This cultural diversity is reflected in Malaysia’s festivals, food, and daily life, making it an enriching experience for anyone living there. Additionally, Malaysia’s strategic location makes it easy to travel and explore other parts of Southeast Asia, including Singapore, Thailand, and Indonesia, adding more value to your international experience.

Study in Malaysia

 Quality of Life

One of the greatest advantages of moving to Malaysia is the high quality of life. The country offers a balance between work and leisure, with excellent healthcare facilities, affordable housing, and modern infrastructure. Kuala Lumpur, the capital, is a cosmopolitan city with world-class amenities, while other regions like Penang and Langkawi offer a more relaxed, coastal lifestyle. Whether you prefer the fast pace of city life or the tranquility of the countryside, Malaysia provides options for every lifestyle, all within a safe and friendly environment.

 Conclusion

Your pathway to success begins in Malaysia, a nation that combines opportunity, diversity, and innovation. With its world-class education system, thriving job market, and entrepreneurial ecosystem, Malaysia offers everything you need to achieve your goals. Whether you are looking to study, work, or start a business, Malaysia is a destination that promises growth, adventure, and success.

[southeastasianists]

Timor-Leste may have received a consolation prize last year when it received in-principle approval to join the Association of Southeast Asian Nations (ASEAN) as its 11th member state. However, it may have a long way to go in to reach the ultimate prize - full membership.

ASEAN leaders, in a short statement in November 2022, had agreed to grant observer status to Timor-Leste. Prime Minister Lee Hsien Loong also reaffirmed Singapore’s in-principle support during Timor-Leste President Jose Ramos-Horta’s first state visit in December last year.

Observer status allows the country to participate in all ASEAN meetings, including at summit plenaries. While seemingly generous, Timor-Leste will not be able to contribute to decision-making or share its views freely in these meetings.

The observer status will nevertheless allow Timor-Leste a foot in the door and to learn the ins and outs of the bureaucracy, including how best to negotiate within the bloc. The extent of Timor-Leste’s participation in ASEAN meetings as an observer is still under deliberation within the bloc, with a set of guidelines expected to be approved next month.

However, to fully participate in ASEAN, it needs to satisfy an “objective criteria-based roadmap” which will be adopted by ASEAN leaders at the first summit of 2023.

CAN TIMOR-LESTE MEET ASEAN’S CRITERIA?

ASEAN needs greater assurances from the young nation on a checklist of commitments and responsibilities.

Some checkboxes will be about Timor-Leste’s ability to helm ASEAN's annually rotating chairmanship, which will include hosting summits and all the infrastructure and connectivity capacity those require. It will need competent officials and experts to attend the over 1,300 ASEAN meetings including joint security exercises, and the necessary proficiency to negotiate and facilitate relations with dialogue partners such as China, the European Union and the United States.

The country also needs to accede to all ASEAN agreements and commit to their implementation, as well as to harmonise its laws and regulations with ASEAN’s legally binding treaties and conventions - more than 80 of them - from conventions against human trafficking and on counterterrorism to agreements on disaster management and emergency response.

One example is the ASEAN Trade in Goods Agreement, which aims to achieve free flow of goods and deepen economic linkages in the region. Intra-ASEAN import duties have been eliminated - or reduced to near-zero for the newer members - for almost all goods. Timor-Leste still has a 2.5 per cent sales tax imposed at the border on imported goods.

Timor-Leste will also need to establish rules of origin and certification procedures, technical standards regime, updated sanitary and phytosanitary standards, as well as ensure qualified personnel, including legal experts, to manage customs. All these will not happen overnight.

On top of all these, it would need to contribute financially to ASEAN’s budget (mainly to support the operations of the ASEAN Secretariat) on an equal basis, at about US$2.5 million each year per full member. However, that figure does not include Timor Leste’s mandatory contribution to a list of ASEAN funds and entities, such as the ASEAN Foundation, its own human resource and participation cost in ASEAN meetings.

RESERVATIONS ABOUT ECONOMIC LIMITATIONS

Timor-Leste has shown willingness to carry out its obligations under the ASEAN Charter. The real question is whether the country has the ability to see them through.

This has resulted in an unusually long consideration - since its application in 2011 - for the young nation, which only gained independence from Indonesia in 2002.

Perhaps to Ramos-Horta’s frustration, the newer members of ASEAN - Cambodia, Laos, Myanmar, and Vietnam - took a far shorter time of about two years when they applied back in the 1990s when their socio-economic standings were not much better than Timor-Leste’s at the time of admission.

Observers had attributed the long delay to some reservations within the bloc, for example that Timor-Leste’s economic limitations may slow down the realisation of the ASEAN Economic Community - envisioned as an integrated economy with a free flow of goods, services, capital and labour.

Others blamed it on the more complex regional challenges that ASEAN faces today, resulting in more tensions within the bloc. Some analysts felt that Timor-Leste’s membership may entrench divisions and further dilute the organisation’s effectiveness. It may also complicate ASEAN membership prospects if the country increases its reliance on China or depends excessively on foreign aid. 

AN ASEAN IDENTITY

But there is a growing need for ASEAN to provide Timor-Leste with a regional identity to go with their geography. Failing to do so could drive it closer to China, which already has notable influence in the country, resulting in greater geopolitical risk for the region.

Timor-Leste’s membership process has no doubt accelerated since Ramos-Horta took office. ASEAN and its dialogue partners have increased support for capacity building, such as the Singapore-Timor-Leste ASEAN Readiness Support package which will include skills training for Timorese officials.

Indonesia, the Chair of ASEAN this year, is also the strongest supporter of Timor-Leste’s membership. But as much as Indonesia would like to prioritise this, Timor-Leste’s full membership will not be achieved without the consensus of all 10 members.

Timor-Leste has also established embassies in all 10 ASEAN capitals but not all members have reciprocated with diplomatic presence in Dili. Since assuming office in May last year, Ramos-Horta has visited several ASEAN countries such as Cambodia, Indonesia, Malaysia, as well as Singapore in December. Not all have returned the same courtesies.

ANOTHER LENGTHY BUREAUCRATIC PROCESS?

The so-called “objective criteria roadmap” may turn out to be another lengthy bureaucratic process with a short-, medium- and long-term checklist to buy time for Timor-Leste to build its capacity and to ratify ASEAN instruments. It remains to be seen how many more phases or steps may be necessary.

It is no wonder Ramos-Horta made his famous remarks that “it seems like the road to heaven ... is easier than to reach the gates of ASEAN”. Though he acknowledged that membership would “not happen tomorrow”, he will be hoping it will not remain just a lifelong dream.

Joanne Lin is Co-coordinator of ASEAN Studies Centre, ISEAS - Yusof Ishak Institute.

[businessindustry]

Aquarium Chillers Market Share, Trends, Forecast by 2024-2032 | Reports and Insights

The Reports and Insights, a leading market research company, has recently releases report titled “Aquarium Chillers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Aquarium Chillers Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Aquarium Chillers Market?

The global aquarium chillers market was valued at US$ 1.7 Billion in 2023 and is expected to register a CAGR of 3.9% over the forecast period and reach US$ 2.40 Bn in 2032.

What are Aquarium Chillers?                                                                                                                                                                            

Aquarium chillers are specialized cooling devices designed to regulate water temperatures in aquariums, especially for sensitive aquatic life such as reef fish and corals. These chillers function by removing heat from the water, maintaining a stable environment that prevents overheating, which can be harmful to fish and other marine organisms. Typically integrated with the aquarium's filtration system, they utilize a refrigeration cycle to cool the water and can be set to specific temperatures based on the needs of the aquatic species. Essential for both freshwater and saltwater environments, aquarium chillers promote the health and well-being of aquatic inhabitants while also supporting the growth of live plants and corals within the aquarium.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2477

What are the growth prospects and trends in the Aquarium Chillers industry?

The aquarium chillers market growth is driven by various factors and trends. The aquarium chillers market is experiencing steady growth, fueled by the increasing popularity of home aquariums and heightened awareness of proper aquatic care among both hobbyists and professionals. As more enthusiasts aim to maintain optimal water temperatures for various fish species and coral reefs, the demand for reliable and efficient cooling systems is rising. Technological advancements are also improving the efficiency and performance of aquarium chillers, making them more energy-efficient and user-friendly. Furthermore, the growing trend of aqua scaping and the desire to maintain high-quality aquatic environments are contributing to market expansion. As consumers continue to prioritize the health and well-being of their aquatic life, the aquarium chillers market is expected to grow significantly in the coming years. Hence, all these factors contribute to aquarium chillers market growth. 

What is included in market segmentation?

The report has segmented the market into the following categories:

By Chiller Type

In-line Chillers

Submersible Chillers

Drop-In Chillers

Thermoelectric Chillers

Others

By Aquarium Size

Small (Up to 20 Gallons)

Medium (20-100 Gallons)

Large (Above 100 Gallons)

By Chiller Capacity

Upto 0.1 HP

1 to 0.5 HP

5 to 1 HP

Above 1 HP

By Sales Channel

Wholesalers/Retailers

Hypermarket/Supermarket

Direct Sales

Specialty Stores

Online Stores

By Application

Freshwater Aquariums

Saltwater Aquariums

Reef Tanks

Public Aquariums

Others

By End Users

Private

Commercial

Aquarium Shops

Public Aquariums

Research Institutes

Zoos

Others

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

Benelux

Nordic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

EHEIM GmbH & Co. KG.

TECO S.r.l

Pentair Aquatic Eco-Systems

Lando Technology Industrial Co., Ltd.

MTA Deutschland GmbH

Penguin Chillers

JBJ Arctica

Fluval Co.

Cobalt Aquatics

Ista Professional Aquarium System

CNCEST

INKBIRD

DaToo

Miumaeov Co.

Anself

Hamilton Technology

Envisys Technologies

Stars Refrigerating Equipment Group Ltd.

View Full Report: https://www.reportsandinsights.com/report/Aquarium Chillers-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

Reports and Insights Business Research Pvt. Ltd. 1820 Avenue M, Brooklyn, NY, 11230, United States Contact No: +1-(347)-748-1518 Email: sales@reportsandinsights.com Website: https://www.reportsandinsights.com/ Follow us on LinkedIn: https://www.linkedin.com/company/report-and-insights/ Follow us on twitter: https://twitter.com/ReportsandInsi1

[junction-group]

Discover the Perfect Office Space in Kolkata with Junction Group

Finding the ideal office space in Kolkata can be a daunting task, especially with the city’s rapid growth as a business hub. Whether you’re a multinational corporation or a burgeoning IT company, securing the right workspace is crucial for your success. At Junction Group, we specialize in providing customized office solutions that cater to your unique needs. Our offerings include shared office spaces, managed offices, and fully customized workspaces in prime locations across Kolkata.

Why Choose Kolkata for Your Office Space?

Kolkata, the cultural capital of India, is not just known for its rich heritage but also for its burgeoning business environment. The city offers a perfect blend of traditional and modern infrastructure, making it an ideal location for businesses of all sizes. Here are some reasons why Kolkata is a great choice for your office space:

Strategic Location: Kolkata’s strategic location in Eastern India makes it a gateway to the ASEAN countries. The city is well-connected by air, road, and rail, ensuring seamless connectivity for businesses.

Affordable Real Estate: Compared to other metropolitan cities like Mumbai and Delhi, Kolkata offers more affordable real estate options, making it easier for businesses to find cost-effective office spaces.

Skilled Workforce: Kolkata is home to some of the best educational institutions in the country, providing a steady stream of skilled professionals in various fields.

Business-Friendly Environment: The West Bengal government has implemented several policies to promote business growth, including tax incentives and simplified regulatory processes.

Prime Locations for Office Space in Kolkata

At Junction Group, we offer office spaces in three prime locations in Kolkata:

Sector V, Salt Lake: Known as the IT hub of Kolkata, Sector V is home to numerous multinational corporations and IT companies. Our office spaces in Sector V are equipped with state-of-the-art facilities, including high-speed internet, UPS backup, and robust IT support.

New Town: New Town is a rapidly developing area with excellent infrastructure and connectivity. Our office spaces in New Town offer a modern and professional environment, perfect for businesses looking to make a mark in Kolkata.

AJC Bose Road: Located in the heart of the city, AJC Bose Road is a prime location for businesses looking for easy accessibility and a prestigious address. Our office spaces here come with all the necessary amenities to ensure a comfortable and productive work environment.

Facilities Offered by Junction Group

We understand that every business has unique requirements, and we strive to provide office spaces that cater to these needs. Here are some of the facilities we offer:

UPS Backup: Ensure uninterrupted power supply with our reliable UPS backup systems.

Tea/Coffee: Keep your team refreshed with our complimentary tea and coffee services.

Professionally Managed Team: Our experienced team is always on hand to assist with any requirements you may have.

Coworking Spaces: Flexible coworking spaces that foster collaboration and innovation.

Meeting Rooms: Fully equipped meeting rooms for all your business needs.

Porter Services: Dedicated porter services to assist with any logistical requirements.

Parking: Ample parking space for your employees and visitors.

Vendor Management: Efficient vendor management services to streamline your operations.

Robust IT Support: Comprehensive IT support to ensure your business runs smoothly.

Benefits of Choosing Junction Group

Choosing Junction Group for your office space in Kolkata comes with several benefits:

Flexibility: We offer flexible lease terms to suit your business needs, whether you’re looking for a short-term rental or a long-term lease.

Customization: Our office spaces can be customized to reflect your brand identity and meet your specific requirements.

Cost-Effective: Our competitive pricing ensures you get the best value for your money.

Support Services: From IT support to vendor management, we provide a range of support services to help your business thrive.

Prime Locations: Our office spaces are located in some of the most sought-after areas in Kolkata, ensuring easy accessibility and a prestigious address.

How to Choose the Right Office Space for Rent in Kolkata

When looking for office space for rent in Kolkata, it’s essential to consider several factors to ensure you make the right choice. Here are some tips to help you find the perfect office space:

Location: Choose a location that is easily accessible for your employees and clients. Consider factors like proximity to public transport, availability of parking, and nearby amenities.

Budget: Determine your budget and look for office spaces that offer the best value for your money. Don’t forget to factor in additional costs like maintenance, utilities, and security.

Facilities: Make a list of the facilities you need, such as high-speed internet, meeting rooms, and IT support. Ensure the office space you choose offers these amenities.

Lease Terms: Review the lease terms carefully and ensure they align with your business needs. Look for flexible lease options that allow you to scale up or down as required.

Future Growth: Consider your future growth plans and choose an office space that can accommodate your expanding team.

Conclusion

Finding the perfect office space in Kolkata doesn’t have to be a challenge. With Junction Group, you can enjoy a seamless and hassle-free experience. Our customized office solutions, prime locations, and comprehensive facilities make us the ideal choice for businesses looking for office space for rent in Kolkata. Visit our Website to know more about our offerings and find the perfect workspace for your business.

By choosing Junction Group, you’re not just renting an office space; you’re investing in a workspace that fosters productivity, innovation, and growth. Contact us today to schedule a tour of our office spaces and discover how we can help your business thrive in Kolkata.

[aceteducation]

Scholarship in Australia- ACET Education

ACET Education Scholarship

International students can avail of a range of scholarships in Australia. The country is dotted with excellent universities that are constantly rising in world rankings, making it one of the most sought-after destinations for students the world over. A vast number of scholarships are available for aspirants who are always seeking value for money. Scholarships are available at Undergraduate, graduate, and doctoral levels and are fundamentally classified as government-offered and those presented by private institutions. Equal opportunity is provided by the Australian government to exceptional students through its scholarship programs that also promote developmental education.

Australian Award Scholarship

The highly prestigious AAS or Australian Award Scholarship is a government-funded grant offered to students from developing countries who want to return home and contribute to their home country’s growth. Preference is given to students who display leadership qualities and a passion to drive change.

ASEAN Scholarships

The government gives this international scholarship to students from ASEAN member states and Timor-Leste to help them pursue their master’s degrees. The ASEAN outlook defines four priority areas in the Indo-Pacific: connectivity, economic development, maritime, and sustainable goals in 2030.

RTP or Australian Government Research Training Program​

The RTP supports both international and domestic students. It is offered at research masters and research doctorate levels. Students can also apply for this through participating universities.

Education Provider Scholarships

The scholarship is offered to qualifying international students and is primarily based on academic merit. A course search tool is available at ?

https://www.studyaustralia.gov.au/en/plan-your-studies/scholarships, where you can access the details about the program. Alternatively, it is recommended that you contact the admissions team directly.