Indonesia's foreign affairs and finance ministries have agreed to collaborate to improve institutional cooperation to support economic diplomacy, including to help micro, small, and medium enterprises (MSMEs) enter global markets.
Indonesia's trade surplus shrank more than expected in July to $1.31 billion, as imports contracted less than predicted, data from the statistics bureau showed on Tuesday.
The Association of Southeast Asian Nations (ASEAN) needs to realize its vision of becoming a single market in order to cement its position as an epicenter of economic growth, according to Trade Minister Zulkifli Hasan.
The European Union (EU) has said that its efforts to enhance cooperation with the Association of South-East Asian Nations (Asean) are part of its strategy for stability in the Indo-Pacific.
The embassies of Vietnam, Thailand, Indonesia, the Philippines and Malaysia in Argentina, in coordination with the Argentine Foreign Ministry, held a ceremony in Buenos Aires on August 11 to mark the 56th founding anniversary of ASEAN (August 8).
The ASEAN+3 Macroeconomic Research Office (AMRO), a Singapore-based international organization analyzing the regional economy, last month downgraded this year's growth projections for ASEAN by 0.4 percentage point to 4.5%.
Considered one of Asia’s bright spots amid a gloomy global outlook, the Philippine economy has lost some of its luster, with analysts slashing projections after last quarter’s growth fell far short of expectations.
Thailand’s inflation rate is the lowest among the seven Asean countries which have already announced their rates, with inflation for the whole year expected to range between one per cent and one per cent, according to Poonpong Naiyanapakorn, Director of the Commerce Ministry’s Trade Policy and Strategy Office.