ASEAN should accelerate economic integration: IDEAS ASEAN

ASEAN should accelerate economic integration: IDEAS

The Institute for Democracy and Economic Affairs (IDEAS), a Malaysian think tank, on November 8 launched the ASEAN Integration Report 2022, highlighting the need for the 10-member regional grouping's leaders to accelerate the process of economic integration to realise the potential of a greater intra-regional trade, moving forward.
MSMEs contribute over 61% of Indonesia’s GDP World

MSMEs contribute over 61% of Indonesia’s GDP

Micro, small, and medium enterprises (MSMEs) are supporting economic resilience of Indonesia, with their contribution to the country's gross domestic product (GDP) reaching 61.075 or 8,574 quadrillion IDR (562.3 billion USD) in 2021, said Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto on October 3.
Indonesia, South Africa seek cooperation opportunities World

Indonesia, South Africa seek cooperation opportunities

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto said on September 23 that he explored opportunities for cooperation with South Africa while meeting with Minister for Trade, Industry and Competition Ebrahim Patel at the G20 Trade, Investment, and Industry Ministerial Meeting.
Indonesia’s inflation could surpass GDP growth  World

Indonesia’s inflation could surpass GDP growth

Indonesia could potentially record higher inflation than economic growth in the third quarter of this year, said Coordinating Minister for Economic Affairs, Airlangga Hartarto on September 14.
Indonesia, India discuss IPEF regional cooperation World

Indonesia, India discuss IPEF regional cooperation

Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto recently met Indian Minister of Trade and Industry Piyush Goyal in the US to discuss the benefits of Indo-Pacific Economic Framework (IPEF) regional cooperation.
Indonesia announces end of pandemic handling fund World

Indonesia announces end of pandemic handling fund

Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto announced on August 11 that the government is preparing to stop allocating the budget for COVID-19 handling and national economic recovery (PC-PEN) from the end of this year.
Indonesia considers joining "Vaccinated Travel Lanes" ASEAN

Indonesia considers joining "Vaccinated Travel Lanes"

The Indonesian Government is reviewing the possibility of Indonesia's participation in the Vaccinated Travel Lanes programme to revive its tourism sector, Coordinating Minister for Economic Affairs Airlangga Hartarto has said.
Lawmakers continue discussing socio-economic affairs, pandemic fight Politics

Lawmakers continue discussing socio-economic affairs, pandemic fight

The National Assembly continues to spend the whole day of November 9 discussing the implementation of the 2021 socio-economic development plan and a draft plan for 2022, as well as reports on COVID-19 prevention and control, the implementation of the State budget in 2021, State budget estimate and central budget allocation plan for 2022, and the 2022-2024 finance-budget plan.
Vietnam, Switzerland promote job security Society

Vietnam, Switzerland promote job security

The Ministry of Labour, Invalids and Social Affairs (MoLISA), in collaboration with the Swiss State Secretariat of Economic Affairs (SECO), organised a dialogue on labour and experience sharing to promote job security between Vietnam and Switzerland on October 26.
Switzerland grants 5 million CHF for Vietnam’s trade promotion policy Business

Switzerland grants 5 million CHF for Vietnam’s trade promotion policy

The Vietnamese Ministry of Industry and Trade (MoIT) and the Swiss State Secretariat for Economic Affairs (SECO) signed an agreement in Hanoi on October 22 on the Swiss Government’s commitment of non-refundable aid worth 5 million CHF for a project on improving Vietnam’s trade and export promotion policy.