Indonesian President Joko Widodo and visiting Singapore Prime Minister Lee Hsien Loong held talks in Indonesia's Central Java capital of Semarang on November 14, discussing ways to further expand ties
Jakarta (VNA) - Indonesian President Joko Widodo and visiting Singapꦑore Prime Minister Lee Hsien Loong held talks in Indonesia's Central Java capital of Semarang on November 14, discussing ways to further expand economic ties between the two nations.
The two leaders agreed to set up a business council to boost business activities between the two countries. PM Lee said the council will create an added value for the bilateral partnership.
Speaking at a joint press conference, President Widodo stressed that Singapore is a key partner of Indonesia in various fields.
Following the talks, the two leaders witnessed the signing of four agreements in the fields of health, tourism, digital economy and the building of a smart city in Makassar.
They also attended a ceremony to kick off construction of the Kenda😼l Industrial Park in Semarang, 450 km east of Jakart🌟a. The park has been the largest joint project between the two countries since 1990.
Scheduled to become operational in 2020, the 2,700ha park is expected to attract up to 200 trillion rupiah (about 14.9 billion USD) of investment and create 500,000 jobs. It will focus on producing furniture, food, bike and construction materials to serve domestic consumption and export.
Singapore investment in Indonesia was recorded at 7.1 billion USD in the first nine months this year, or 44 percent higher than in the same pᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚeriod last year.-VNA
Vietnam and Singapore have agreed to work together to seek new directions for cooperation in order to optimize opportunities and benefits brought about by free trade agreements and the ASEAN Economic
Ho Chi Minh City wants to learn from Singapore’s experience in building a smart city, particularly in tackling traffic congestion, managing water resources and preventing flooding.
Singapore’s Prime Minister Lee Hsien Loong arrived in Semarang on November 13 for his two-day official visit to Indonesia to increase the bilateral collaboration.
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.
