APEC pushes agenda to create resilient future for all
JAKARTA – The Asia-Pacific Economic Cooperation (APEC) is driving forward its 2023 agenda to create a resilient and sustainable future in the ongoing series of meetings of senior officials from its 21 member economies in Palm Springs, California. The meetings will take place from February…
Indonesia readies road map for Timor Leste’s full ASEAN membership
JAKARTA – Indonesia, as the chair of ASEAN this year, is preparing a road map to support the full membership of the Democratic Republic of Timor Leste in the regional association. Indonesian President Joko Widodo (Jokowi) made the announcement in a joint statement issued with…
ASEAN discusses 2025 blueprint development for financial sector
JAKARTA – The ASEAN Finance and Central Bank Deputies Meeting-Working Group (AFCDM-WG) discussed development of ASEAN Blueprint 2025 that was reflected in various working committee agendas in the ASEAN financial sector in 2022 and 2023 work plan. “During its leadership in ASEAN, Indonesia will work…
Indonesia’s 2022 GDP growth races to a 9-year high on resource boom
JAKARTA – Indonesia’s economic growth climbed to its strongest in nine years last year fueled by revived spending from the lifting of pandemic restrictions and as a global commodity boom sent exports to a record high. Southeast Asia’s largest economy gained from high global commodities…
Indonesia to suspend some palm oil export permits – officials
JAKARTA – Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of upcoming Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account on Monday. Palm oil exporters had accumulated large shipment quotas…
ASEAN Countries in Talks for Regional EV Ecosystem
JAKARTA – ASEAN member states are in talks for a regional ecosystem of electric vehicles as chair Indonesia seeks to make Southeast Asia remain an epicenter of economic growth, according to the Foreign Affairs Ministry. “This is about how we can set up a regional [EV]…
ASEAN tourism adept at facing global challenges: Minister
YOGYAKARTA – Tourism and Creative Economy Minister Sandiaga Salahuddin Uno is optimistic that tourism in ASEAN would continue to grow through support from improvement of human resources and MSMEs to be able to face global economic challenges. The growth in international tourist visits in 2022…
ASEAN chairmanship: Kadin to introduce seven breakthroughs
JAKARTA – The Indonesian Chamber of Commerce and Industry (Kadin), which is chairing the 2023 ASEAN Business Advisory Council (ASEAN-BAC), will introduce seven legacy breakthroughs on five priority issues during Indonesia’s ASEAN chairmanship this year. The information was conveyed by Kadin chairperson and chair of…
President Jokowi kicks off Indonesia’s ASEAN chairmanship in Jakarta
JAKARTA – President Joko “Jokowi” Widodo delivered an opening speech at the 2023 ASEAN Indonesia Chairmanship Kick-Off event on Sunday, organized by the Foreign Ministry and the Jakarta administration Government of DKI Jakarta at the Hotel Indonesia traffic circle in Central Jakarta. Jokowi expressed confidence…
S. Korea to Make Indonesia Production Base in ASEAN with IK-CEPA
JAKARTA – South Korea intends to make Indonesia a production base in ASEAN, now that both countries are eliminating most of their tariffs, including on auto parts and steel, according to its government official on Thursday. The Indonesia-Korea Comprehensive Partnership Agreement (IK-CEPA) came into force…
