On February 21, Indonesia’s President, Prabowo Subianto, stated that Indonesia is prepared for any changes in US trade policy following a ruling by the US Supreme Court limiting presidential authority to impose broad global tariffs.
Category: Economy
Indonesia signs US$38.4 billion trade deals with the United States
On February 18, Indonesian delegates were hosted by the US Chamber of Commerce to seal the final trade deal between the two countries valued at around US$38.4 billion.
Vietnam approves starlink for satellite internet pilot
On February 15, Vietnam granted Starlink a licence to provide low-Earth-orbit (LEO) satellite telecommunications services, enabling commercial deployment under a five-year pilot scheme running until 2031.
Singapore to regulate blind box sales over gambling concerns
Singapore will introduce new regulations on the sale of blind boxes to address potential gambling-related risks, Home Affairs Minister K Shanmugam said in Parliament on February 12.
Indonesia steps up education recovery following North Sumatra disaster
Indonesia is accelerating the rehabilitation of schools in three disaster-hit provinces in Sumatra to restore normal learning activities.
Myanmar banks cap withdrawals amid currency and gold speculation
On February 12, private banks in Myanmar have imposed daily withdrawal limits following a Central Bank directive aimed at curbing speculation in US dollars and gold.
Timor-Leste, India, and the Maldives explore investment cooperation
On February 11, Timor-Leste’s Trade and Industry Minister, Filipus Nino Pereira, held discussions with the Consul General of the Republic of Maldives, Bobby Mohanty, on investment cooperation involving Timor-Leste, India and the Maldives.
Brunei to boost public–private sector collaboration in advancing its economic vision
Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah in […]
Indonesia to expand free nutritious meals programme for the elderly
Indonesia’s Social Affairs Minister Saifullah Yusuf has announced plans on February 5 to expand the Free Nutritious Meals programme to reach up to 400,000 elderly citizens and around 36,000 people with disabilities this year.
Cambodia and Laos strengthen economic ties with US$700 million trade goal by 2030
On February 8, Cambodia and Laos have reaffirmed their commitment to deepening bilateral cooperation, setting a target to raise two-way trade to US$700 million by 2030.