Jakarta (VNA) – The Bank Indonesia (BI) haspredicted that the consumption of global Muslim fashion will rise to 311billion USD in 2024 from 277 billion USD in 2019.
Director of BI's Department of Sharia Economics and Finance BambangHimawan was quoted by Antara news agencyas saying that as for Indonesia, the spending on the Muslim fashion sector in2019 had reached 16 billion USD and is among the top five countries with thehighest spending, after Iran, Turkey, Saudi Arabia, and Pakistan.
He said that the bank is collaborating with variousstrategic partners to encourage the development of Indonesian halal products,such as Muslim fashion, through various e-commerce platforms to holdexhibitions, which are also part of the 2021 Indonesia Sharia Economic Festival(ISEF) event.
Himawan noted that the Muslim fashion sector, which is the flagship inIndonesia's halal industry, managed to rank third in the world during thesecond quarter of 2021.
He believes that Indonesia should be able to develop a halal industry that canboth serve the needs of the domestic market as well as capitalize on the globalmarket.
He highlighted that halal food and Muslim fashion could be the leading sectorsto drive national economic recovery.
Thus, the central bank also hosted the Indonesian Sharia Creative IndustryProgram, wherein during the second quarter of 2021, the organization had 505business members across Indonesia, with membership comprising MSMEs in thehalal food and Muslim fashion sectors./.
Indonesian start-ups and venture capital funds are pouring more capital into Vietnam, especially in digital technology, due to the similarity in business environment between the two countries, the Dau tu (Investment) newspaper reported.
Indonesia's Coordinating Minister of Economic Affairs Airlangga Hartarto said the quarantine period for foreign tourists is expected to be reduced from 8 days to 5 days.
The Women's Empowerment and Child Protection Ministry of Indonesia will host the 4th ASEAN Ministerial Meeting on Women (AMMW), which is scheduled for October 11 – 15.
Coordinating Minister for Economic Affairs Minister Airlangga Hartarto has said that the Indonesian Government was preparing a roadmap towards a “new normal” era to be applied when the nation achieves herd immunity against COVID-19.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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.
