On September 7, Indonesian President Prabowo Subianto called for a significant increase in the budget for disaster mitigation as the government reviews its preparedness following an earthquake in Flores, volcanic activity at Mount Anak Krakatau and forest and land fires in several provinces.
Category: Economy
Laos and Belarus Forge Closer Economic Ties, Mineral Mining Investment Opportunities Explored
Laos and Belarus are set to implement their existing pledges into concrete projects, the Lao Ministry of Foreign Affairs reported on September 4.
Growth, Stability and Synergisation Pledged by Indonesia’s Central Bank Governor Nominee
The sole gubernatorial candidate, Destry Damayanti, presented her vision for leading Bank Indonesia (BI) on August 26, pledging to support economic growth and job creation while firmly maintaining the central bank’s independence.
Singapore National Day Rally Doubles Down on “Trust” to Shield Businesses from Global Turbulence
Singapore’s paramount annual political address, the National Day Rally (NDR), was spearheaded once again by Prime Minister (PM) Lawrence Wong on August 23 at the Institute of Technical Education (ITE) Headquarters.
Vietnamese Lawmakers Advance Property and Budget Reforms Amid Renewed Nuclear Push
On August 22, Vietnam’s 16th National Assembly is debating proposed changes to real estate regulations, public financial management and the implementation of the Ninh Thuận nuclear power project during its extraordinary session in Hanoi.
Malaysia Increases Defence Spending to Counter Modern Security Challenges
According to statements by Defence Minister Mohamed Khaled Nordin on August 19, “the need for higher defence spending was driven not only by regional dynamics but also by emerging threats,” pointing to cyberattacks, electromagnetic threats and misinformation campaigns.
Myanmar’s Junta Visits Moscow to Bolster Russian investment in Energy and Tech
Myanmar’s junta leader Min Aung Hlaing departed Naypyidaw on August 17 for a trip to Russia, marking his seventh visit since he led the military coup in 2021.
Malaysia and Philippines Look to Expand Cross-Border Trade and Investment
On August 18, the Philippines and Malaysia are set to discuss ways of deepening bilateral cooperation as senior officials from both countries gather in Manila for the ninth Philippines-Malaysia Joint Commission Meeting (JCM).
Thailand, Russia Expand Strategic Partnership Ahead of Diplomatic Relations Milestone
On August 13, Thailand and Russia reaffirmed their commitment to strengthening bilateral relations as Thai Deputy Prime Minister and Minister of Foreign Affairs Sihasak Phuangketkeow held talks with Russian Foreign Minister Sergey Lavrov in Moscow, with both sides seeking to deepen political, security and economic cooperation.
President Prabowo Outlines Second Year Agenda for a Self Resilient Indonesia
On August 14, Indonesian President Prabowo Subianto delivered his second State of the Nation (SONA) address at the annual session of the People’s Consultative Assembly (MPR) and joint session of the House of Representatives (DPR) and Regional Representatives Council (DPD), outlining his administration’s achievements and priorities ahead of Indonesia’s 81st Independence Day.