Indonesia supports ASEAN to become economic growth center
Indonesian Minister of State-Owned Enterprises (BUMN) Erick Thohir said on May 1 that his country supports the Southeast Asian region's efforts to become a center of economic growth.
Minister of State -Owned Enterprises (BUMN) Erick Thohir attends the Dharma Santi BUMN 2023 at Taman Mini Indonesia Indah in Jakarta on May 1. (Photo: Antara)
Jakarta (VNA) – Indonesian Minister of State-Owned Enterprises (BUMN)Erick Thohir said on May 1 that his country supports theSoutheast Asian region's efforts to become a center of economic growth.
Speaking at a press conference in Jakarta, Thohir said that as ASEAN Chair this year, Indonesia will host the ASEAN Summit on May 9-11 in LabuanBajo, East Nusa Tenggara, during which it aims to promote regional peace and economy.
At the ASEAN Summit, Indonesia will remainconsistent with projecting the message at the G20, held in Bali last November, during which President JokoWidodo pushed for globalization policies that benefit not only developedcountries but also developing ones.
"Economic growth centre" is one of the three main pillars ofIndonesia's 2023 ASEAN Chairmanship. This pillar includes many priorities suchas strengthening the region's health structure through the "OneHealth" initiative, enhancing food and energy security, anddeveloping a regional electric vehicle ecosystem, promoting the use of ASEAN'slocal currencies in commercial transactions and connecting payment mechanisms in the region./.
One of the priorities of Indonesia, as 2023 ASEAN Chair, is to promote the initiatives of the ASEAN Outlook on the Indo-Pacific (AOIP) through concrete and inclusive development cooperation, said Minister of National Development Planning (Bappenas) Suharso Monoarfa.
Indonesian Vice President Ma'ruf Amin said the government had taken various strategic steps to promote economic and financial growth in line with Islamic law in order to realise the target of halal value chain growth of 4.5 - 5.3% in 2023 according to the target.
Indonesia, as chair of ASEAN 2023, has unveiled official shirts for heads of member states at the 42nd ASEAN Summit which is scheduled for May 9-11 in Labuan Bajo, East Nusa Tenggara.
The 42nd ASEAN Summit will see the participation of 11 heads of state and about 550 official delegates, the city government of Labuan Bajo, Indonesia - the venue for the regional event - has announced.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
Minister of State -Owned Enterprises (BUMN) Erick Thohir attends the Dharma Santi BUMN 2023 at Taman Mini Indonesia Indah in Jakarta on May 1. (Photo: Antara)
