Earlier this month, Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said that Indonesia could redirect up to 60% of its fuel imports away from Singapore over the next six months as part of a broader diversification strategy.

Supply of goods and services for the domestic market during the first half of the year has been ample with a slight uptick observed for a number of commodities, said the Ministry of Industry and Trade (MoIT) during a conference in Hanoi on June 28.