This year, the expo will attract nearly 1,700 companies from more than 40 countries to participate, with the international exhibition section accounting for over 30 per cent of the total exhibition area.
Indonesia’s pursuit of the Organisation of Economic Co-operation and Development (OECD) membership is an opportunity for it to develop advanced economy credentials and for partners, including Australia, to actively promote an emerging regional power.
ASEAN’s digital economy is projected to triple to almost US$1 trillion by the end of 2030 through the natural adoption of digital technologies.
Empowering Micro, Small and Medium Enterprises for Equitable Growth
The ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM) and related meetings, taking place from August 22-25, are expected to affirm a commitment to collaboration in maintaining economic stability in the region.
The Sixth ASEAN Inclusive Business Summit, hosted by Indonesia, emphasised the importance of establishing a conducive environment for micro, small and medium enterprises (MSMEs) and for large businesses to adopt inclusive business (IB) models that contribute to inclusive and sustainable development in the region.
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has expressed optimism that ASEAN would be able to generate US$1 billion from developing the green economy.
Coordinating Minister for Economic Affairs Airlangga Hartarto has said that with the implementation of the Digital Economic Framework Agreement (DEFA), the value of ASEAN's digital economy is projected to double to US$2 trillion by 2030.