Japan’s largest retailer Aeon opens first hypermarket in Myanmar
HANOI, May 11, 2019, VNA. Japanese retail giant Aeon Co. opened its first hypermarket in…
Indonesia
Indonesia is one of the 12 founding members of APEC. It is an economy with a population of 261 million people. When it co-founded APEC in 1989, Indonesia’s real GDP was USD 288 billion, and its real per capita GDP was USD 1,600. By 2016, its real GDP more than tripled at USD 1 trillion, while its per capita GDP more than doubled at USD 4,000.
Vietnam concerned over sinking of fishing boats
HANOI, May 11, 2019, Asia Times. Indonesia’s plans to sink seized Vietnamese fishing boats have…
Infrastructure projects in Indonesia should be linked to tourist areas: Jokowi
JAKARTA, May 10, 2019, ANTARA. President Joko Widodo (Jokowi) said that linking infrastructure projects with…
Indonesian President Jokowi aims for slimmer government in second term
JAKARTA, May 9, 2019, Reuters. Indonesian President Joko Widodo said on Thursday (May 9) he…
Indonesia’s rupiah slides over fears of escalation of US-China trade war
JAKARTA, May 8, 2019, ANTARA. Indonesia’s rupiah extended its decline against the US dollar, trading…
Jokowi says Bukit Soeharto suitable place for capital city of Indonesia
JAKARTA, May 8, 2019, The Jakarta Post. President Joko “Jokowi” Widodo has said that Bukit…
Full trade war could cut Asia growth by 2pp through 2020
SINGAPORE, May 7, 2019, The Business Times. A full-fledged trade war between the United States…
[Analytics] Moon Jae-in’s visit to Central Asia holds multiple purposes for Seoul
At the end of April, South Korean President Moon Jae-in spent eight days travelling across…
[Analytics] We’re all actors in the New Silk Road play
It’s the same old story: The dogs of demonization bark while the New Silk Road…
Bali remains world’s favorite tourist destination
JAKARTA, May 5, 2019, ANTARA. The resort island of Bali in Indonesia remains a favorite…
[Analytics] Moving the capital of Indonesia: Jakarta Post
President Joko “Jokowi” Widodo surprised us this week when he revealed the plan to move…
Flash flood hits Samosir in Indonesia
JAKARTA, May 4, 2019, The Jakarta Post. A resident, identified as Tiarma Situmorang, 65, of…