ASEAN Affairs Forum

[Nike]

SEMICON Southeast Asia 2016 comes back to Penang
Kamis, 11 Februari 2016 16:15 WIB | 1.679 Views

Largest Regional Semiconductor Industry Conference Set To Draw More Than 7000 Visitors

PENANG, Malaysia, Feb 11, 2016 - (Antara) - SEMI, the global industry association serving the nano- and micro-electronic manufacturing supply chains, will once again be hosting SEMICON Southeast Asia (SEMICON SEA), the region's premier showcase for microelectronics innovation. With the objective to champion regional collaboration, the showcase will open new business opportunities for customers and foster stronger cross-regional engagement.

Set to take place from 26-28 April 2016 at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Penang, Malaysia, SEMICON SEA 2016 will offer a complete platform for engaging customers, suppliers, engineers and decision-makers from across the industry.

According to Ng Kai Fai, President of SEMI Southeast Asia, "SEMICON SEA 2016 is the ideal place to discover the technologies and trends that are driving advances in microelectronics manufacturing. From an in-depth market trends briefing, to technology and business forums, visitors will be able to learn what is driving development and growth in the global and Southeast Asia microelectronics markets"

"With stronger and more expanded content, we expect the showcase this year to reach to a larger audience, not only from Malaysia and Singapore, but also from leading semiconductor nations such as Vietnam, Thailand, Philippines and Indonesia," he added.

SEMICON SEA 2016 will focus on the key trends and solutions in semiconductor design and manufacturing, including emphasis on serving the needs of expanding applications markets many of which require development of specialised materials, packaging, and test technologies, as well as new architectures and processes.

"Our inaugural SEMICON SEA 2015 was a resounding success with a total of 6,940 industry players from around the world attending the three-day conference. Furthermore, visitors last were those who are primarily involved in purchasing decisions, influencing the selection and final purchase of microelectronics manufacturing equipment, materials, components, and services."

"The positive response for SEMICON SEA last year clearly shows that industry participants recognises the need to network, collaborate and innovate in order to grow and compete. Furthermore, SEMICON SEA gives exhibitors the opportunity to engage with their customers and showcase their technology leadership. In fact, this year, we are already off to a good start with many of our booths already been taken up. As such, we are confident that SEMICON SEA 2016 will be another sterling success."

To register for SEMICON SEA 2016 or to explore exhibiting opportunities, visitSEMICON Southeast Asia or contact Ms. Shannen Koh at skoh@semi.org.

Sponsors for SEMICON SEA 2015 included Applied Materials, AMEC, GlobalFoundries, EV Group, KLA-Tencor, Kulicke & Soffa, Lam Research, SCREEN and Xcerra Corporation. Partners include Invest Penang, VLSI Consultancy, Malaysia Investment & Development Authority (MIDA), Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition Bureau (MyCEB), Penang Tourism and Singapore Manufacturing Federation.

Contact:

This release issued on behalf of SEMI
by Acendus Communications Sdn Bhd.

Michael Poh at +60 12 395 5202 or
Reshvinder Kaur at +60 17 275 7985.
SEMICON Southeast Asia 2016 comes back to Penang - ANTARA News

 

[BoQ77]

ASEAN officers join training course on protection of EEZ
Update: May, 13/2016 - 18:22

Military officers from the Navies, Air Forces, Coastguards, Border Guards and Defence Ministries of Southeast Asian countries participate in an international training course on Exclusive Economic Zone (EEZ) Protection provided by the UK’s Ministry of Defence in Đà Nẵng. — Photo the training course’s organising committee
Viet Nam News
ĐÀ NẴNG — Military officers from the navies, air forces, coastguards, border guards and defence ministries of Southeast Asian countries completed an international training course in Exclusive Economic Zone (EEZ) Protection yesterday.

The course was conducted by the United Kingdom’s Ministry of Defence.

The course, which was organised in central Đà Nẵng City on May 9-13, drew the participation of 25 military officers from Indonesia, Malaysia, Brunei and Thailand, as well as the Philippines and Việt Nam.

International maritime organisations and legislation, physical maritime threats and how to counter them, fishery protection and the global maritime distress and safety system, as well as search and rescue operations and the agencies that conduct them, environmental issues and disaster management were discussed during the programme.

Lieutenant Commander Ted Bath from the Royal Navy’s Maritime Warfare School, who was delivering the week-long course, said: “It is a tremendous privilege to welcome so many high calibre officers from five regional nations’ military forces to such a great venue in Việt Nam to enhance their understanding of the issues involved in EEZ management and protection operations.”

This is the first time that the UK military personnel have delivered training in Việt Nam, marking a significant step forward in the two nations’ training co-operation.

The UK aims to run similar, more practical and focussed training with the Vietnamese People’s Navy in the near future and share experiences with Việt Nam’s Ministry of National Defence by facilitating bilateral workshops.

The UK’s defence attaché to Việt Nam, Group Captain Tim Below, said: “I look forward to continuing to deepen the defence relationship between our two countries through further opportunities to share experience in other areas of operations in the months ahead.”

"We need assistance to build a peacekeeping training centre in Việt Nam as part of preparation for deploying troops, personnel training, anti-mining and medical services." — VNS

@Carlosa

 

[katarabhumi]

Timor Leste to join ASEAN in 2017
Rabu, 25 Mei 2016 09:22 WIB

Kupang, E Nusa Tenggara (ANTARA News) - The Democratic Republic of Timor Leste will become a member of the Association of South East Asian Nations (ASEAN) in 2017, the Indonesian Ambassador to ASEAN, Rahmat Pramono, said here on Tuesday.

"In 2011, when Indonesia was the head of the ASEAN, Timor Leste submitted an application to join ASEAN. The ASEAN member countries agreed to conduct a feasibility study of the new country," the ambassador said.

The feasibility study highlighted three pillars to evaluate the qualifications of Timor Leste to become a member of ASEAN. The three pillars are politics and security, economy and socio-culture.

"The politics, security and economy studies have been assessed, while the socio-cultural assessment is expected to be completed by the end of this year," Ambassador Rahmat noted.

In addition, Timor Leste must undertake development of its human resources, in order to boost the economy of the country, he added.

"However, Timor Leste does not need to wait to complete development of its human resources to become a member of ASEAN. This can be done after Timor Leste has joined the big family of the ASEAN," Ambassador Rahmat said.

He added that in the near future, all representatives of ASEAN countries will meet to discuss Timor Leste's joining the regional organization.

Rahmat added that if approved, Timor Leste will become the eleventh member country of ASEAN.

Currently, ASEAN has ten members countries, including Indonesia, Malaysia, Thailand, Philippines, Singapore, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia.(*)


http://www.antaranews.com/en/news/104864/timor-leste-to-join-asean-in-2017


+++

Timor Leste looks to benefit from ASEAN membership
Dilli | Thu, May 26 2016 | 08:42 am

Just 14 years into independence, Timor Leste has secured membership of a number of international forums, declaring its intent to catch up with the rest of the developing world.

Now, through its shared history with Indonesia, the world’s second-youngest nation is eyeing full ASEAN membership, as it seeks to identify with a region poised to become “the powerhouse of the 21st century”, Timor Leste’s deputy foreign affairs and cooperation minister, Roberto Sarmento de Oliveira Soares, told The Jakarta Post.

“Timor Leste [...] has manifested its desire to be part of ASEAN since the very beginning of our inception in 2002. And that desire, the commitment of Timor Leste, has always been raised in numerous meetings, forums in the region and beyond, and at the bilateral level,” he said.

Timor Leste officially submitted its application letter to be considered an ASEAN member in 2011, during Indonesia’s chairmanship.

“Our application was overwhelmingly welcomed and supported by Indonesia, and of course, through the Indonesian chairmanship, then president Susilo Bambang Yudhoyono successfully secured all the endorsements and acceptances from all ASEAN member countries to officially endorse Timor Leste’s membership, by establishing two important mechanisms to assess [our] readiness.”

Soares said the mechanisms were the ASEAN Coordinating Council and the technical or working level, which were mandated to assess Timor Leste’s readiness covering all three important pillars: the political and security, the economic and the sociocultural pillars.

“All three pillars [have undergone] assessment, [...] so now we are basically waiting for the ASEAN side [...] to make a final decision about our accession,” he said.

With regard to President Joko “Jokowi” Widodo’s commitment, Soares said Timor Leste was very much grateful.

“Indeed, during his visit to Timor Leste, [the President] continued to reiterate the strong commitment of Indonesia and he will do whatever he can in his capacity [...] to push for our accession to ASEAN.”

“ASEAN very much lies on Timor Leste’s foreign policy priority; our desire to be part of ASEAN is indeed to further [...] safeguard our own regional identity, because we are one of the only countries in Southeast Asia that does not yet belong to any regional organization.”

Soares credited ASEAN as a unique and dynamic regional organization.

“At the time when ASEAN established itself, it was mainly focused on political peace and stability. But a few decades later, ASEAN expanded on its concentration by looking beyond political stability, into what is the most important [aspect] in our globalized world today: economic integration and competitiveness,” he said.

“Being part of ASEAN will further safeguard Timor Leste’s own independence and sovereignty, and of course, peace and stability in our region.”

On the other hand, Soares said Timor Leste could also be a bridge between ASEAN and the Pacific.

“At the same time, Timor Leste can also contribute beyond Asia Pacific through [its] own linkages and partners,” he emphasized.

Soares pointed to the fact that Timor Leste could connect ASEAN with the community of Portuguese speaking countries, the CPLP, which are located in Africa, Europe and Latin America.

http://www.thejakartapost.com/news/...e-looks-to-benefit-from-asean-membership.html

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[Nike]

Indonesia's economy remains stable
Rabu, 25 Mei 2016 23:09 WIB | 1.016 Views

Documentation of Great General Soedirman's statue ahead of property project done by investor in Jalan Jenderal Sudirman, Central Jakarta, recently. The World Bank has released its newest annual report that Indonesia's economic growth was predicted at the rate of 5,1 percent in 2016. (ANTARA FOTO/Widodo S Jusuf)

Jakarta (ANTARA News) - The Indonesia's economy remains stable following the Fitch Ratings' decision to assign the investment grade status to the country, Coordinating Minister for Economic Affairs Darmin Nasution said here in Jakarta.

"This means that under the worsening global economic condition, we are still considered stable," he said here Wednesday.

The government has made every effort to improve the investment climate and expedite business licensing by issuing a series of economic policy packages since September 2015, among others, he said.

Although the policy packages have not shown significant results, in the long run, they will give certainty about the growth of the investment sector, he said.

The government has improved national economic fundamentals for quite a long time, he said. Moreover, rating agencies like Moody's and Fitch Ratings have reinstated Indonesia's investment grade rating since 2011.

"We have striven for it for a quite long time. When I worked for Bank Indonesia Moody's and Fitch have assigned the investment grade rating to us only S&P has not," he said.

Fitch Ratings has affirmed Indonesia's investment grade rating with BBB-sovereign credit rating of stable outlook as of May 2016.

Indonesia deserves the investment grade owing to the government's low debt ratio, reaching 26.8 percent of the national gross domestic product, the country's economic growth forecast of 5.1 percent and the banking sector's limited risk, the rating agency said.

Yet, the country is still facing the high influence of market sentiment towards external factors and needs to improve its investment climate, Fitch noted.

Responding to the investment grade rating assigned by Fitch, Bank Indonesia Governor Agus Martowardojo said it suggested that Indonesia has a high degree of adaptation capability in facing domestic and global economic challenges.

"It shows that Indonesia has the right policies to maintain stability and achieve sustainable economic growth with healthier structure," Martowardojo said.

http://www.antaranews.com/en/news/104879/indonesias-economy-remains-stable

 

[BoQ77]

Joint Media Statement The Eighth CLMV Economic Ministers’ Meeting

1. The Eighth Cambodia – Lao PDR – Myanmar – Viet Nam (CLMV) Economic Ministers’ Meeting (EMM) was held on 6 August 2016 in Vientiane, Lao PDR. The Meeting was chaired by H.E. Mrs. Khemmani Pholsena, Minister of Industry and Commerce, Lao PDR.

2. The Ministers noted the favourable growth of combined CLMV’s merchandise trade in the past ten years, not only in terms of trade value but also as percentage of ASEAN’s total trade. In 2015, combined merchandise trade amounted to US$ 385.5 billion and contributed 16.9% to ASEAN’s total trade, compared with 14.1% in 2014. In the same period, foreign direct investment into the four countries totalled US$17.4 billion, which constituted 14.6% of total inward direct investment to ASEAN.

Download The Full Statement Here.

 

[skyhigh88]

Indonesia stresses ASEAN unity
Tama Salim | The Jakarta Post | Vientiane
Wed, September 7 2016 | 08:10 am
The Jakarta Post

President Joko “Jokowi” Widodo has called on all ASEAN leaders to unite against power projections in the region by emphasizing ASEAN centrality and unity in keeping the region free from conflict.

One of ASEAN’s main sources of pride is its ability to maintain lasting regional peace and stability, something Jokowi is well aware of.

But with recent turbulence over outstanding disputes and the dynamic landscape of Asian geopolitics, Jokowi has grown increasingly concerned about regional stability, especially in regard to attempts by external parties to project their interests onto the region.

He said ASEAN member states should try to resolve tensions arising from regional dynamics and he urged ASEAN leaders to maintain a spirit of camaraderie in “protecting our home”.

“We cannot turn a blind eye to the instability that is emerging in our region. We cannot let powerful countries dictate to us and determine the fate of regional security and stability,” Jokowi said during the 28th ASEAN Summit plenary meeting in Vientiane on Tuesday.

Approaching its 50th anniversary in 2017, the wider world hopes ASEAN will successfully serve its 600-million strong population, Jokowi said. With total GDP growth of 4.7 percent over two years — surpassing the US and the EU — Jokowi said he was convinced the bloc could meet expectations.

“Without ASEAN unity and centrality, I am certain that ASEAN’s ability to maintain regional peace and stability will erode,” he said.

The year of 2016 has proved to be a challenging year for ASEAN, and as the current chairman of the organization, Laos is expected to take on the unenviable task of weathering a gathering storm.

Besides border disputes that have been left unresolved for decades, tensions have escalated as a result of reclamation efforts on the part of the Chinese in the South China Sea (SCS) and missile launches initiated by North Korea in waters surrounding the Korean Peninsula.

Furthermore, an international arbitration ruling almost drove a wedge between the 10 ASEAN member states, with countries dependent on Chinese finance blocking any attempt to issue a joint communiqué criticizing China’s behavior in the region.

Conversely, the US has jumped at the opportunity to knock back Beijing’s influence in the region by evoking freedom of navigation and overflight in the SCS.

In addition to addressing the political-security pillar of ASEAN, Jokowi’s message also called for improvements to the organization’s economic pillar to ensure that the benefits of economic cooperation between ASEAN nations could be enjoyed equally by all member states, including the “CLMV” bloc comprising Cambodia, Laos, Myanmar and Vietnam.

Foreign Minister Retno LP Marsudi told reporters after the plenary meeting that the President had also emphasized the importance of empowering small and medium-sized enterprises (SMEs) through technological and digital innovation, as well as through market and financial facilitation.

And although discussion on the Chinese-approved and ASEAN-led Regional Comprehensive Economic Partnership (RCEP) is still in its early phase, Retno revealed there were plans for ASEAN to issue separate declarations on the partnership agreement on Wednesday.

“We will continue to push for the RCEP,” she said, adding that negotiations could be pushed back until next year if deliberations were not concluded this year.

Retno said the President had also suggested to ASEAN leaders that they develop together an instrument to promote and protect the rights of migrant workers in the region, a necessary development for a people-centered ASEAN.

Also on Tuesday, Jokowi and nine other heads of governments signed the ASEAN Declaration on One ASEAN, One Response: ASEAN Responding to Disasters as One Bloc in the Region and Outside the Region.

http://www.thejakartapost.com/seasia/2016/09/07/ri-stresses-asean-unity.html

 

[ahojunk]

China-ASEAN dialogue relationship sets good example among developing countries
2016-09-07 13:43Xinhua | Editor: Mo Hong'e

China and the Association of Southeast Asian Nations (ASEAN) marks here Wednesday their 25th anniversary of the establishment of the dialogue relationship, which has been featured with good-neighborliness, equal treatment and common development, thus setting a good example for forging relations between developing countries.

China and 10 ASEAN member states, different in size and economic development levels, are linked by mountains and rivers. As a regional bloc, ASEAN, grouping Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar and Vietnam, is the focal point for China's diplomacy as China's development depends to an extent on a stable and economically vibrant Southeast Asia. At the same time, China's strategic importance for ASEAN is obvious given its economic influence and proximity to ASEAN countries.

The year of 1991 served the tuning point in the relations between China and ASEAN which started the dialogue process between the two sides.

China was accorded the full Dialogue Partner status in 1996.

The year 1997 was seen as a watershed in the history of China-ASEAN ties during which China, in spite of its own financial difficulties, made the decision not to devalue its currency in a bid to help Southeast Asian countries to achieve economic recovery.

China and ASEAN established good-neighborly partnership of mutual trust.

In 2003, with the deepening of the all-round cooperation, China and ASEAN elevated their relations to the strategic partnership for peace and prosperity.

China and ASEAN, all through these years, have remained committed to the spirits of mutual respect, understanding, trust and support amid the changes in international situation.

The relations between the two sides have withstood various tests with two-way cooperation harvesting plentiful fruits, bringing tangible benefits to the peoples of both sides. Thanks to the concerted efforts from both sides, the China-ASEAN relations has become the most dynamic one among ASEAN's ties with its dialogue partners.

On the political-security front, China and ASEAN have maintained frequent high-level dialogues and exchange of visits at all levels, with five parallel frameworks for dialogue established so far.

China and ASEAN have enhanced cooperation in regional and international affairs, with both enjoying good cooperation in regional and international organizations such as the ASEAN Regional Forum, the East Asia Summit, Asia-Pacific Economic Cooperation (APEC), Euro-Asia meeting and the United Nations, among others, contributing significantly to upholding the rights and interests of the developing countries.

The two sides have also collaborated to address transnational and non-traditional security threats such as drug and human trafficking, piracy and terrorism.

To better manage the South China Sea issue, China and ASEAN have continued to work toward the implementation of the Declaration on the Conduct of Parties in the South China Sea (DOC) and the conclusion of the Code of Conduct in the South China Sea (COC).

To further implement the DOC, China and ASEAN reaffirmed at a meeting of senior officials in China last month to solve disputes via negotiations, manage differences with a regional framework of regulations, deepen maritime cooperation and move forward negotiations on COC.

They also agreed on the importance of the China-ASEAN senior diplomats' hotline in addressing maritime emergencies and a joint statement on the application of rules about accidental encounters between the two sides in the South China Sea.

Economic and trade ties between China and ASEAN have been featured with mutual benefit and win-win outcomes. China is currently ASEAN's largest trade partner, while ASEAN is China's third largest.

Bilateral trade reached 472 billion U.S. dollars last year, up from 7.96 billion dollars in 1991, with an annual growth rate of 18.5 percent. By the end of May this year, the two-way investment exceeded 160 billion U.S. dollars, according to the Chinese Ministry of Commerce. The two sides are targeting bilateral trade at 1 trillion dollars by 2020.

The China-ASEAN Free Trade Agreement signed by the two sides in 2010 has a very large growth potential. It comprises a market of almost 2 billion people. They agreed last year to upgrade the China-ASEAN Free Trade Agreement which will further deepen and broadened the economic and trade ties between the two.

It is noteworthy that trade relations between China and ASEAN are now reciprocal. China is now an important consumer market of ASEAN, which in turn is growing in importance to China's manufacturing sector.

Cooperation in social-cultural sectors between China and ASEAN have also made substantial and pragmatic progresses, covering education, culture, public health, science and technology, labor, local government and people to people exchanges, media, youth and social development.

On Education, the two sides have made efforts to the "Double 100,000 Goal of students Mobility" that envisaged the number of exchange students from ASEAN countries to China to reach 100,000 by 2020 and vice versa.

ASEAN-China designated 2014 as ASEAN-China Cultural Exchange Year, and an ASEAN-China Center has been set up in Beijing to promote ASEAN-China cooperation in trade, investment, tourism, education and culture.

China and ASEAN have attached importance to and strengthened youth exchange and cooperation. The Beijing Declaration on China-ASEAN Cooperation on Youth in 2004 has served as a blueprint for fostering the partnership between the two sides for peace and prosperity.

On science and technology, China and ASEAN had established the China-ASEAN Joint Science and Technology Center as a body to plan, approve, coordinate, monitor and evaluate joint cooperative programs and activities.

China has continued to support ASEAN's efforts to narrow the development gap in the region through the implementation of projects and programs under the initiative such as the ASEAN-Mekong Basin Development Cooperation and the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area, among others.

The introduction of new initiatives, such as the Belt and Road Initiative and the Asian Infrastructure Investment Bank have further boosted China-ASEAN economic integration through intra-regional infrastructure connectivity, trade and investment facilitation, tourism promotion and educational and cultural exchanges.

As China and ASEAN commemorate the 25th anniversary of their dialogue relationship this year, they are also mulling over new approaches on further developing their ties. With the consolidated unity and concerted efforts from both sides, the development of China-ASEAN relations will have new impetus and reach a new high in the future.

 

[艹艹艹]

VIENTIANE, Sept. 7 (Xinhua) -- Lao Prime Minister Thongloun Sisoulith, whose countryholds the rotating ASEANchair, said Wednesday that ASEAN and China had establishedeffective dialogue mechanisms and cooperative relations between the two sides weregrowing stronger.

The 10-member bloc and China held the 19th ASEAN-China Summit in the Lao capital andcommemorated the 25th anniversary of dialogue relations between the two sides.

Speaking at the summit, Thongloun said that in the past 25 years cooperation andexchanges between ASEAN and China have been increasing with mutual understandingcontinuously deepened.

On this basis, the two sides will further enhance people-to-people exchanges, he added.

Chinese Premier Li Keqiangand leaders from ASEAN members attended the summit. Lidelivered a speech at the commemorative meeting.

China, as ASEAN's most active cooperation partner, is ASEAN's largest trading partner,while the regional bloc is China's third largest trading partner. Cooperation between Chinaand ASEAN in the past 25 years has yielded significant achievements in various fields.

The ASEAN opened its 28th and 29th summits here on Tuesday. The summits and relatedleaders' meetings that run from Tuesday through Thursday also include ASEAN+1Summits, ASEAN+3 (China, Japanand South Korea) Summit, and the East Asia Summit.

 

[ahojunk]

ASEAN, China, S. Korea, Japan promise to promote sustainable development cooperation
(Xinhua) 14:40, September 08, 2016

The 10 member states of the Association of Southeast Asian nations (ASEAN) and China, South Korea, Japan (ASEAN Plus Three) have promised to work together to promote their cooperation on sustainable development.

The promise was made at their summit on Wednesday.

In a statement released on Thursday, the leaders of the countries reaffirmed their commitment to implementing the 2030 Agenda for Sustainable Development adopted last year at the UN Sustainable Development Summit in New York and the Paris Agreement adopted at the 2015 UN Climate Change Conference,

The leaders vowed to work together to fulfill the 17 sustainable development goals (SDGs) over the next decades in the ASEAN Plus Three cooperation framework.

The leaders called on all the countries to take comprehensive, expeditious and concrete actions to advance the implementation of SDGs in the spirit of equality, cooperation and inclusiveness, as well as to strengthen regional and international partnership in the implementation process.

To achieve the goal of sustainable development, the leaders decided to embark on a course of equitable, inclusive, open, all-round and innovation-driven development for the interests of all ASEAN and Plus Three Countries.

In this regard, they agreed to take concrete actions such as reducing poverty and narrowing the development gap within and between the countries, promoting sustainable development of Micro, Small and Medium Enterprises (MSMEs), boosting sustainable tourism cooperation and enhancing cultural exchange and cooperation.

The ASEAN plus China, Japan, South Korea cooperation mechanism incorporates the ASEAN Plus Three as well as the ASEAN Plus One framework. The latter stands for ASEAN's respective cooperation mechanism with China, Japan and South Korea.

The two frameworks were established in the late 1990s when ASEAN countries decided to enhance cooperation with other major economies of Asia against the backdrop of economic globalization.

The two frameworks, initially focused on economic cooperation, have expanded in recent years to the fields of politics, security and culture. Nowadays, they have developed into mechanisms in strengthening and deepening East Asia cooperation, particularly in economic, social and political areas.

 

[Nike]

 

[ahojunk]

:

Indonesia is doing well. Its nominal GDP is more than double the size of the next biggest country, i.e. Thailand.

 

[Nike]

Indonesia is doing well. Its nominal GDP is more than double the size of the next biggest country, i.e. Thailand.

need two Thailand and one Vietnam to match us

 

[Jlaw]

Indonesia is doing well. Its nominal GDP is more than double the size of the next biggest country, i.e. Thailand.

need two Thailand and one Vietnam to match us

Indoensia not doing that good. No real growth.

Indonesia

Vietnam:

Look at employment Vietnam vs Indonesia. Indonesia inflation rate higher than GDP growth.

Indonesia trending downward for GDP growth rate.

@AViet @Viet @Viva_Viet the Vietnam economy in recent years have been quite good. I think Miss Madofc is exaggerating indonesia quite a bit.

 

[skyhigh88]

Indoensia not doing that good. No real growth.

Indonesia
View attachment 332560

Vietnam:
View attachment 332561

Look at employment Vietnam vs Indonesia. Indonesia inflation rate higher than GDP growth.

Indonesia trending downward for GDP growth rate.
View attachment 332563

@AViet @Viet @Viva_Viet the Vietnam economy in recent years have been quite good. I think Miss Madofc is exaggerating indonesia quite a bit.

I dont know why this guy is trying to put Indonesia and Vietnam in a conflict?

Seems like you are worried with the rise of ASEAN economy.

 

[Nike]

@skyhigh88
let him be, quite a moron he is

even Vietnam can manage to grow miraculously 9 percent a year, their economy can't match us in decades

Indonesia calls for ASEAN, South Korea to increase economic cooperation
Kamis, 8 September 2016 11:24 WIB | 686 Views

Jakarta (ANTARA News) - President Joko Widodo has called on ASEAN and the Republic of Korea to increase people-based economic cooperation to make the benefit able to be directly enjoyed by the people.

He made the call at the 18th ASEAN-Republic of Korea Summit at National Convention Center in Vietiane, Laos, on Wednesday.

He said based on evidence micro-, small and medium businesses in ASEAN and the Republic of Korea have been able to absorb almost 90 percent of workforce and contributed around 50 percent of their gross domestic products.

"I invite ASEAN and the Republic of Korea to increase the productivity and capability of micro-, small and medium businesses by strengthening innovation and technological implementation," he said, according to a press release from the presidential palace.

He said micro, small and medium businesses also needed strong competitive power so that they could compete with other businesses.

In view of that ASEAN and the Republic of Korea had to cooperate and exchange information that could bring a positive impact on the businesses.

"Access to research and development of the micro-, small and medium businesses must be increased and cooperation with the government as well as businesses to improve their entrepreneurship," he said.

Social and cultural cooperation through people-to-people contacts will also affect economic cooperation in the region and could develop mutual understanding and contribute to ASEAN and the Republic of Korea.

"People-to-people contacts are key to strengthening social and cultural cooperation between ASEAN and the Republic of Korea," he said.

President Joko Widodo said there had been positive development in the creative economic industries in ASEAN and the Republic of Korea with regard to their high economic potential and contribution to increasing the number of tourists to the two regions.

"The potential reaches around US$26 billion in the Republic of Korea and US$50 billion in ASEAN and seven million people exchange visits in 2015," he said.

President Joko Widodo appealed to ASEAN and the Republic of Korea to support the establishment of ASEAN Culture House in Busan in 2017 to boost cooperation between ASEAN and the Republic of Korea.

"We need to continue to boost cooperation between ASEAN and the Republic of Korea by increasing exchange of peoples and youths in the field of transfer of knowledge of creative economy and the establishment of ASEAN Culture House in Busan in 2017," he said.(*)

http://www.antaranews.com/en/news/1...-south-korea-to-increase-economic-cooperation