Indonesia’s foreign debts in the second quarter of 2020 were recorded at 408.6 billion USD, consisting of debts of the public and private sectors, according to the Bank of Indonesia (BI).
Jakarta (VNA) - Indonesia’s foreign debts in the second quarter of 2020 wererecorded at 408.6 billion USD, consisting of debts of the public and private sectors, according to the Bank of Indonesia (BI).
The country’s public foreign debt by the end of the secondquarter 2020 was recorded at 196.5 billion USD or grew by 2.1 percentyear-on-year. The hike in the public foreign debt was in line with the issuanceof the Global Sukuk (Islamic bonds) to meet the payment target.
Meanwhile, the private sector’s debt grew by 8.2 percent to209.3 billion USD.
Indonesia's Ministryof Finance recently said that the country had raised 2.5 billion USD from the Global Sukuk bondissuance to support the fight against COVID in June.
Indonesia's economy shrank5.32 percent in the second quarter of 2020, thesteepest decline since 1999, due to the impact of the COVID-19 crisis. The Indonesiangovernment expects the country's economy to contract by 0.4 percent or grow 1percent this year./.
Indonesian President Joko Widodo said over the last three months, the country has been developing a coronavirus vaccine with brand Merah Putih, which is hoped to be completed by mid-2021.
Indonesia has agreed to create a special entry system for business travellers from the Republic of Korea (RoK), the RoK foreign ministry said on August 13.
A Reuters poll announced on August 14 showed that Indonesia’s exports and imports may have plummeted in July, following an improvement a month prior, with global trade still reeling under the fallout from the coronavirus crisis.
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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.
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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.
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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.
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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.
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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.
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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.