Indonesia boosts support for small businesses

Indonesia's regulation obligates public facilities, such as MRT and train stations, bus terminals, ports, toll roads, rest areas, and airports to allocate 30% of their commercial space to MSMEs.

Jakarta (VNA) – Indonesia is intensifying its commitment to empowering micro, small, and medium-sized enterprises (MSMEs) as Minister of Micro, Small, and Medium Enterprises (MSMEs) Maman Abdurrahman has emphasised the requirement for public spaces to allocate at least 30% of their commercial areas to MSMEs.

The mandate is outlined in Government Regulation No. 7 of 2021 on the facilitation, protection, and empowerment of cooperatives and MSMEs.

In a recent press statement, Minister Abdurrahman said this regulation obligates public facilities, such as MRT and train stations, bus terminals, ports, toll roads, rest areas, and airports to allocate 30% of their commercial space to MSMEs.

The minister also underlined the importance of supporting MSMEs in public facilities without compromising on aesthetics and public comfort.

He noted that efforts to expand space for MSMEs should go hand in hand with shared responsibility between MSME operators and public facility managers to maintain cleanliness and order.

Abdurrahman further emphasised that increasing the visibility of MSMEs in public spaces can raise awareness about the strength and quality of local products.

Events like this prove that MSME products, especially in culinary and fashion, can compete with imported goods in terms of quality, he said./.

VNA

See more

Malaysian Prime Minister Anwar Ibrahim (sixth from left) poses for a photo with foreign ministers of ASEAN countries, Timor Leste and ASEAN Secretary-General Dr. Kao Kim Hourn at the opening ceremony of the AMM-58 on July 9. (Photo: VNA)

AMM-58, related meetings open in Kuala Lumpur

AMM-58 is the largest gathering of ASEAN foreign ministers and senior diplomats from around the world to discuss pressing global and regional issues, promote cooperation, and advance the security and sustainability agenda in ASEAN.

(Photo: nationthailand.com)

Thailand hopes to conclude US trade talks before new deadline

The Southeast Asian country has offered to cut import duties on most US goods to zero, expand access for US agricultural and industrial products, and increase purchases of energy and Boeing jets. It also pledged to reduce its 46 billion USD trade surplus with the US by 70% within five years.

A resident buys vegetables at a Bangkok supermarket. (Photo: bangkokpost.com)

Thailand’s CPI falls for 3rd straight month in June

Thailand’s consumer price index (CPI) declined for a third consecutive month in June, attributed to lower energy and food prices, though there are no signs of deflation, according to the country’s Commerce Ministry.

Jirayu Huangsap, Spokesperson for the Prime Minister’s Office (Photo: The nation)

Thai cabinet approves withdrawal of entertainment complex bill

The bill, which had previously been proposed by the Ministry of Finance, outlined mechanisms for regulating entertainment businesses through a two-level committee system: the Comprehensive Entertainment Policy Committee and the Entertainment Business Control Board. The goal is to establish standards and regulatory measures for the industry.

Illustrative image (Photo: https://global.chinadaily.com.cn/)

Southeast Asia seeks additional tariff negotiations with US

The US decided to keep unchanged tariff rates on certain countries in Southeast Asia, such as 32% for Indonesia and 36% for Thailand, effective from August 1. Malaysia faces a 25% rate, up from the 24% that the US threatened in April.

A screenshot of the article.

Mexican media praises Vietnam’s development achievements

Since initiating the Doi Moi (Renewal) reforms in 1986, Vietnam has maintained strong momentum. In 2024, the country posted a GDP growth rate of 7.09%, placing it among the fastest-growing economies globally. Forecasts suggest it could join the world’s top 20 economies by 2029.

Newly installed Labour Minister Pongkawin Jungrungruangkit on his first day at the ministry. (Photo: Bangkok Post)

Thailand prioritises AI training, job creation

The new Thai Labour Minister's five policies include equipping Thai workers with AI skills by focusing on developing AI curricula aligned with the manufacturing and service sectors and providing all worker groups with skill training through cross-sector collaborations.

Electric vehicles inside BYD's factory in Rayong, Thailand. (Photo: Reuters/VNA)

Thailand’s electric vehicle market heats up

Hyper-competition in China's electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD, putting ambitious local production plans at risk.