Foreign direct investment (FDI) in Indonesia rose by 10.6 percent to 8.2 billion USD in the second quarter of 2017, according to statistics released by the country’s Investment Coordinating Board (BKPM).
Foreign direct investment (FDI) in Indonesia rose by 10.6 percent to 8.2 billion USD in the second quarter of 2017. (Photo: businesstimes.com.sg)
Jakarta (VNA) – Foreign direct investment (FDI)in Indonesia rose by 10.6 percent to 8.2 billion USD in the second quarter of2017, according to statistics released by the country’s Investment CoordinatingBoard (BKPM).
Daily newspaper Jakarta Globe reported on August 3 thatSingapore was the top source of the FDI during the period, closely followed byJapan and China. Most of the investments have been poured into basic metalproduction, mining and services.
Improving investment climate has been top priority of thegovernment of Indonesian President Joko Widodo in an effort to boost theeconomic growth to 7 percent from the current rate of 5 percent.
Widodo opened up dozens of economic sectors to foreigninvestors last year, which was called by BKPM President Thomas Lembong as thegovernment’s boldest move in 10 years.
The president declared his government would lessenregulations on foreign ownership in several industries but no industry isspecified.-VNA
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Indonesia earned 11.64 billion USD from export in June, in comparison to the same period last year’s 12.92 billion USD overseas shipment, according to the national statistics bureau.
Thailand, Indonesia and Malaysia, the three largest rubber latex producers in Southeast Asia, are discussing the reduction of export in the second half of this year to mitigate impacts from global price plunge.
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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.
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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.
Foreign direct investment (FDI) in Indonesia rose by 10.6 percent to 8.2 billion USD in the second quarter of 2017. (Photo: businesstimes.com.sg) 
