by Teuvo Tuomi | Dec 19, 2023 | Indonesia, Business, Economy
The Indonesian Chamber of Commerce and Industry (Kadin) encourages the government to attract more skilled expatriates to work in the country while not neglecting the local workforce. Tigor M. Siahaan, Kadin’s department head of monetary policy and financial services,...
by Teuvo Tuomi | Dec 14, 2023 | Economy, Indonesia, News
Indonesia’s trade surplus is expected to narrow in November as exports are slowing. Also, imports will likely witness only marginal growth, a Reuters poll reveals. The poll shows trade surplus of $3.05 billion in November, compared with $3.48 billion in October....
by Teuvo Tuomi | Dec 13, 2023 | Indonesia, Business, China, Technology
Chinese-owned short video app TikTok has announced a 1.5 billion US dollar investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the companies said in a statement. Under the deal, TikTok Shop will be merged into GoTo’s...
by Teuvo Tuomi | Dec 4, 2023 | Indonesia, News, Singapore, Sports
Indonesia will declare its interest to football’s world governing body FIFA in jointly holding the 2025 U-20 World Cup with Singapore, President Joko Widodo says. According to him, the declaration of interest has been already signed by PSSI (Indonesia’s...
by Teuvo Tuomi | Dec 3, 2023 | ASEAN, Finland, Indonesia, Malaysia, Singapore, Technology, Thailand
Singapore has been in the top five of the IMD World Digital Competitiveness Ranking for several years, ending up third this year. The island nation excels in technology and the regulatory, capital, and technological frameworks. Finland was once again placed among the...
by Teuvo Tuomi | Nov 16, 2023 | Asia, ASEAN, Economy, Indonesia, News
Multilateral talks in the United States on the Indo-Pacific Economic Framework (IPEF) have failed to produce an agreement on trade. Experts see this as a setback for Asians to gain greater access to the US market for products, including critical minerals. Coordinating...
