Tag: Asia

Sri Mulyani, Minister of Finance of Indonesia together with ASEAN +3 countries, renewed the Chiang Mai Initiative Multilateralism (CMIM). The guidelines will provide liquidity support with local currency for countries experiencing balance of payments difficulties. […]

Indonesian Minister of Finance of Indonesia Sri Mulyani take part in the 26th ASEAN +3 Finance Ministers and Central Bank Governors (AFMGM+3) At the event, Sri met with ADB President and gained assurance that the ADB will support sustainable and inclusive recovery for developing country members by expanding its lending capacity. […]

A report by Ernst & Young stated, the global IPO market is heading to a bad turn in 2023. However, the reports show a potential bright spot in IPO activity in the Southeast Asia region to be very encouraging, with Indonesia as the most active country in Q1, having about 30 IPOs worth US$ 828 million. […]

The Indonesian government is completing its arrangements for being the Official Partner Country at Hannover Messe 2023 and prepares to deliver messages and strategic matters at the event. […]

The 29th ASEAN Economic Ministers (AEM) Retreat resulted in seven priority issues and key milestones including the accession of Timor Leste. […]

As many as 92 human trafficking cases in Bangkok, Thailand, involve Indonesian nationals, according to embassy data. […]

The Director of Multilateral Cooperation Tri Tharyat who represented the Indonesian Minister of Foreign Affairs, conveyed the women empowerment message during the 49th OIC Ministerial Conference (KTM) held in Nouakchott, Mauritania, on March 16-17, 2023. […]

Indonesia urged for the enhancement of global collaborations to assist the economic growth of the least-developed countries (LDCs) during the Fifth UN Conference on the Least Developed Countries (LDC5) in Doha from March 5 to 9, 2023. […]

Turkey handed over the MIKTA (Mexico, Indonesia, South Korea, Turkey, Australia) chairmanship relay to Indonesia at the meeting in New Delhi on March 2, 2023. As a result of the handover, Indonesia will hold the position of MIKTA chairman for one year and has set 3 priorities. […]

Four residents of Pari Island in the Thousand Islands regency, north of Jakarta, officially filed a lawsuit with a Swiss court on January 31, 2023, demanding that global cement company Holcim Ltd. of Switzerland be responsible for the environmental damage it has caused. […]

The governments of Zimbabwe and Democratic Republic of Congo have respectively banned the exports of lithium and cobalt in 2022, which may affect the future of battery and electric vehicle industries in many countries including in Indonesia. […]

The Philippines and the United States are ramping up their military cooperation by doubling the number of troops in the joint exercises. This measure – which is done days after a spy balloon was spotted in the US sky – would give the superpower country a potential advantage in its efforts to thwart China’s attempt to take control of Taiwan. […]

The Indonesian Embassy in Turkey’s capital of Ankara has reported that at least 2 of 500 Indonesian citizens were killed while dozens others were injured in the aftermath of the magnitude-7.8 earthquake that rocked Turkey and Syria. […]

Indonesian President Joko “Jokowi” Widodo has called on ASEAN (Association of Southeast Asian Nations) on the importance to resolve the Myanmar crisis without allowing the crisis to “hostage” the 10-member states’ agenda. […]

The 2023 World Economic Forum in Davos, Switzerland, felt special since it was the first after the COVID-19 pandemic outbreak hit the world in 2020, which killed 6.74 million people. This year’s theme of “cooperation in a fragmented world” highlighted how countries would cope with the biggest issues such as the global recession and the Russia vs Ukraine war. […]

The global economic has seen a slowdown activity especially in past two years due to the COVID-19 pandemic. Countries have issued stimulus measures, which included low interest rates and large-scale government spending, that led to an increase in the money supply and the potential of inflation. Supply chain disruptions caused by the pandemic eventually prompted increasing costs for goods and […]

The refugee situation in Indonesia has prevailed since the beginning of the war on terror, especially today with the influx of refugees from the ongoing Rohingya crisis. Indonesia has harbored refugees from war-torn countries mostly from Afghanistan, Somalia and Myanmar. […]

Indonesia, like many other countries, has been affected by the surge of terrorism worldwide. Many Indonesians are indirectly funding terror groups within and outside of the country, without their knowledge. The indirect support comes in the form of financial aid, primarily through charity organizations that falsely advertises who and where their funds are going to be directed. […]

The death of longtime al-Qaeda leader Ayman al-Zawahiri in late July in a U.S. drone strike in Kabul marked the end of an era. Zawahiri’s roots in the global jihad movement go back decades to his tenure with the Islamic Jihad in Egypt. He was one of the last veteran jihadists to work closely with Osama bin Laden. Zawahiri’s death […]

The program, dubbed the “Partnership for Global Infrastructure and Investment” (PGII), aims to mobilize $600 billion by 2027 in investments for infrastructure in developing countries with an emphasis on sustainable and secure development. Neither President Biden nor the White House fact sheet explicitly mentioned China by name. Yet, it is generally understood that the PGII aims to provide an alternative […]

Connie Rahakundini Bakrie, a defence analyst, stated that AUKUS would influence Indonesia’s foreign policy position in the Indo-Pacific tensions. Indonesia should decide whether to take a non-alignment position or join the US alliance.”  Suppose Indonesia wants to join the US alliance. In that case, it’s okay, don’t act like now, when I say Indonesia is not aligned or does not […]

As a result of the Western countries’ sanction to Russia related to Ukraine conflict , the economic situation may present an opportunity for Indonesia and Russia to foster business relations. The Russian Ambassador to Indonesia, Lyudmila Vorobieva, stated that while it is too early to assess the impact of the conflict on the bilateral relationship between the two countries, […]

Vasyl Hamianin, the Ukrainian ambassador to Indonesia, urged Indonesians to boycott Russian products and brands. Additionally, he urged the Indonesian government to prevent Russian President Vladimir Putin from attending the G20 summit. “I intend to boycott Russia,” he told Indonesia Business Post on March 24, 2022. […]

Since August 15, 2021, the Afghan government has been taken over by the rise of the Taliban. This is a serious concern for one of Indonesia’s trade relations with the Taliban. Previously, Afghanistan was ranked 127 Indonesia’s export destination country with an export value of US$ 21.38 million in 2020 with a contribution of 0.013% to the total value of […]

Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]