COVID-19 provides momentum for Indonesia’ structural reform: Minister
The crisis caused by the COVID-19 pandemic provides important impetus for structural reform through inclusive sustainable development in Indonesia, Coordinating Minister for Economic Affairs Airlangga Hartarto has said.
Coordinating Minister for Economic Affairs Airlangga Hartarto attends the APEC Ministerial Meeting on Structural Reform (Photo: beritasatu.com)
Jakarta (VNA) – The crisis caused by the COVID-19 pandemic provides important impetus for structural reform through inclusive sustainable development in Indonesia,Coordinating Minister for Economic Affairs Airlangga Hartarto has said.
Speaking at the Asia Pacific Economic Cooperation (APEC) MinisterialMeeting on Structural Reform on June 16, Airlangga stated that the Indonesian Governmenthas also committed to supporting the four pillars of structural reform for thenext five years, including creating a supportive environment for an open, transparentand competitive market, improving business recovery and resilience to futureshocks, ensuring that all groups in society have equal access to opportunitiesfor more inclusive, sustainable growth and greater well-being, and leveraginginnovation, new technologies, and skills development to drive productivity anddigitalization.
Indonesia will prioritise environmentally friendly economicdevelopment such as hydro power, solar panels, geothermal energy and 30 percentbiodiesel (B30).
The government is committed to reducing gas emissions by 30percent by 2030 by prioritising low-carbon development as the essence of thenational development plan.
It also applies the principle of considering a circulareconomy as part of a sustainable economy by committing to reducing householdwaste by 30 percent and ocean plastic waste by 70 percent by 2025, he added./.
Indonesia is planning to extend a luxury tax break on the sale of sedans and two-wheel drive cars with engine power of less than 1,500 cc to August to support its pandemic-hit automotive industry.
Indonesian President Joko Widodo officially granted special economic zone (SEZ) status to a technological park and an aircraft maintenance facility in Batam city, Riau Islands province, to jump-start local economic recovery amid the COVID-19 pandemic.
Indonesian State Intelligence Agency (BIN) has defined a number of threats to the national stability and security, including COVID-19 and secessionist movement in Papua.
The World Bank's Board of Executive Directors on June 16 approved a 800-million-USD loan to support reforms of Indonesia's investment and trade policies and to help accelerate the country's economic recovery and transformation.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Coordinating Minister for Economic Affairs Airlangga Hartarto attends the APEC Ministerial Meeting on Structural Reform (Photo: beritasatu.com) 
