Indonesia and the Republic of Korea on April 6 agreed to hold a signing ceremony of their bilateral free trade deal in the near future to quickly implement it in a way that helps minimise the economic fallout from the new coronavirus pandemic.
Hanoi (VNA) - Indonesia and the Republic of Korea on April 6 agreed tohold a signing ceremony of their bilateral free trade deal in the near futureto quickly implement it in a way that helps minimise the economic fallout fromthe new coronavirus pandemic.
During a videoconference with Indonesian Trade Minister Airlangga Hartarto, RoKTrade Minister Yoo Myung-hee said the international community must join forcesto sustain the global supply chain, according to the RoK’s Yonhap news agency.
In line with efforts to overcome the economic jitters, the two countries agreedto hold a signing ceremony of the much-awaited Comprehensive EconomicPartnership Agreement (CEPA) at the earliest date possible after the situationis stabilised, reported Yonhap
The two countries struck the deal in November last year with a goal of holdingan official signing ceremony in the first half of 2020 to pave the way for theofficial implementation.
The CEPA is equivalent to a free trade agreement but focuses on a broader scopeof economic cooperation. The two resumed their FTA negotiations in 2019 after ahiatus of five years.
On the occasion, minister Yoo requested Jakarta to lend hands to RoK businessesbased in Indonesia that are suffering from the economic fallout of the COVID-19pandemic./.
Indonesian President Joko Widodo said on March 24 that his government has agreed to extend debt payment deadlines for small- and medium-sized enterprises (SMEs) for one year.
Indonesia’s President Joko Widodo announced on March 31 that the country will provide free electricity and discounts for poor households to help them cope with the economic shocks caused by the COVID-19 pandemic.
Indonesian President Joko Widodo on March 31 announced six social assistance programmes benefiting households seriously affected by the COVID-19 pandemic.
Bank Indonesia (BI) said on April 3 that it is in talks with the US Federal Reserve (Fed) about potential currency swaps, while also preparing bilateral swaps with the central banks of China and Australia.
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.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
