ASEAN's Economic Trade Growth Tied to Artificial Intelligence and Aging Population
The ASEAN Push for Artificial Intelligence and Economic Cooperation
As Hong Kong prepares to launch its new Economic and Trade Office in Kuala Lumpur next month, both its commitment to enhancing regional integration and the role of artificial intelligence in economic development come to the forefront. Consul General Muzambli Markam highlighted this initiative as a timely response to the growing silver economy challenges presented by the aging population in Southeast Asia.
Connecting Through Technology
With the backdrop of the Regional Comprehensive Economic Partnership (RCEP), Markam remarked on the potential for closer economic ties between Hong Kong and ASEAN nations. This move heightens the urgency for embracing AI solutions tailored to meet the demands of an ageing society, especially in Malaysia.
- Strengthening trade relations
- Attracting Malaysian investments
- Fostering ties based on technological advancements
Hong Kong and the Greater Bay Area
Markam underscored Hong Kong's ambition to be recognized as a global AI hub. The integration into the Greater Bay Area points to a promising path for regional cooperation that could see Hong Kong positioned as a critical gateway for Malaysian businesses looking to enter the mainland.
- Enhanced trade environments
- Focused on technological transfer
- Collaboration in elderly care solutions
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.