Manila to host next Asia Pacific Assembly

Manila to host next Asia Pacific Assembly

JAKARTA (JP): The South East Asia Forum officially accepted the Philippines as a new member under an agreement signed here on Saturday.

The Philippines was also appointed by the 17th Asia Pacific Assembly here Saturday as the host for next year's assembly.

"The next assembly is planned to be officially opened in Manila by President Fidel Ramos," the Indonesian Forex Association's chairman, Jeffrey Turanga, told reporters after the signing of an agreement on the Philippine membership of the forum.

The signing was witnessed by a director of Bank Indonesia, Paul Sutopo.

The South East Forum consists of Indonesia, Singapore, Malaysia, Thailand and the Philippines.

Jeffrey said the Manila assembly will discuss various topics, including codes of conduct, trader skills and professionalism.

According to Jeffrey, the assembly is a forum for traders in the Asia Pacific to meet and exchange information and experience in the forex business.

He added that the assembly was expected to improve the quality of the traders professionalism. (04)