Indonesia was entrusted to be the leader of the multilateral economic cooperation forum, G-20 in 2022, when digital transformation was a key topic.
Category: Economy
US sanctions Cambodian senator over alleged scam connection
On April 23, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Cambodian Senator Kok An, accusing him of being the leading figure behind a nationwide scam compound network.
Philippines to become first AI-native economic security zone under Pax Silica
Manila agreed to facilitate the US’—its long standing ally—effort to “shore up” supply chains. On April 16, Jacob Helberg, US Under Secretary of State for Economic Growth, Energy, and the Environment, mentioned a plan to establish a 4,000–acre (16,1 km2) industrial hub in the Luzon Economic Corridor.
Indonesia uncovers giant gas reserve in Borneo
Indonesia discovered a major gas reserve at Geliga-1 exploration well—a working area operated by Italian energy company ENI at the Ganal Block offshore Kutai, East Kalimantan.
Japan commits US$10 billion for Southeast Asia’s energy security
Southeast Asian leaders joined Japan on April 15 for the Asia Zero-Emission Community (AZEC) Plus Online Summit on Energy Resilience, a high-level emergency meeting aimed at securing the region’s energy future.
Singapore and Australia strengthen energy agreement to secure fuel supplies
Singapore and Australia reaffirmed their strategic cooperation in a critical energy and essential supplies agreement on April 10.
Indonesian President Prabowo Subianto highlights US$672 million asset recovery
On April 10,Indonesian President Prabowo Subianto witnessed the handover of administrative fines, recovered state funds and the sixth phase of reclaimed forest areas during a ceremony at the Indonesian Attorney General’s Office in Jakarta.
Energy Minister: Thailand has enough oil reserves to cover domestic demand
Thailand’s oil reserves were sufficient to cover domestic demand for 109 days as of April 9, according to the Ministry of Energy. The reserves consist of 25 days of legally required strategic stock, 22 days of commercial reserves, 31 days of crude currently in transit and another 31 days already secured for delivery.
Philippines to provide fare discounts and fuel subsidies for public transport
On April 9, Philippines President Ferdinand Marcos Jr. stated that the government will implement a nationwide transportation programme that includes subsidised fares and fuel discounts. The scheme will be implemented on April 15 in order to prevent the pressure caused by surging oil prices due to the conflict in the Middle East.
China–Laos Railway drives surge in cross-border trade
On April 7, the customs authorities of Kunming city reported a record trade along the Laos-China Railway for the fourth quarter of 2026, rising 62.7% year‑on‑year to CN¥6.81 billion (US$992 million).