Indonesia's economy continued to shrink at 0.74 percent year-on-year in the first quarter of 2021, according to Statistics Indonesia (BPS) head Suhariyanto.
Indonesia is among countries hit the hardest by the COVID-19 in Asia with the number of confirmed cases exceeding 1.6 million and death toll reaching over 46,000. (Photo: VNA)
Jakarta (VNA) – Indonesia's economy continued toshrink at 0.74 percent year-on-year in the first quarter of 2021, according to StatisticsIndonesia (BPS) head Suhariyanto.
The growth rate was still in the negative territory butshowed an improving trend, compared to contractions of 2.19 percent in thefourth quarter of 2020, 3.49 percent in 2020’s Q3 and 5.32 percent in the second quarter of 2020.
He said that structurally 64.56 percent of Indonesia’sgross domestic product (GDP) in the first trimester of this year came from fivemain sectors, namely industry, agriculture, trade, construction, and mining.
Suhariyanto forecast the economic growth will be positivein the remaining quarters of this year.
On May 6, Secretary of the Coordinating Ministry forEconomic Affairs Susiwijono Moegiarso said the government plans to relaxvalue-added tax (VAT) and income tax (PPh) for enterprises in a bid to boostdomestic consumption and retail market and support the economic recovery./.
Indonesia and the UK have completed a Joint Trade Review and inked a memorandum of understanding (MoU) on the formation of the Joint Economic and Trade Committee (JETCO).
The Asian Development Bank (ADB) has projected that the Indonesian economy will return to high growth, last seen in the pre-pandemic era, in 2022, with the economy forecast to expand 5 percent next year.
Indonesia's National Narcotics Agency (BNN) on May 5 said it has seized a total of 581.31 kg of crystal methamphetamine from three international syndicates and arrested seven suspects.
The COVID-19 pandemic continues to ravage many Southeast Asian countries, with the exception of Brunei which on May 6 marked one year free from COVID-19 transmission in the community.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
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.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
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.
Indonesia is among countries hit the hardest by the COVID-19 in Asia with the number of confirmed cases exceeding 1.6 million and death toll reaching over 46,000. (Photo: VNA)
