Latest news with #BudiSantoso
Barnama
23-05-2025
- Business
- Barnama
Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: May 23, 2025
GROWS OVER TNI, POLICE INVOLVEMENT IN CIVIL GOVERNANCE -- THE JAKARTA POST SEIZES MILLIONS OF ILLEGALLY IMPORTED TOOLS FROM CHINA TRACKED THROUGH TIKTOK ADS -- JAKARTA GLOBE The growing presence of active police and military officers in executive and legislative posts under President Prabowo Subianto has sparked concerns among analysts, who warn that the trend signals a shift away from Indonesia's post-Reform commitment to civilian supremacy in governance. Indonesian authorities have seized millions of illegally imported tools and hardware products from China, with an estimated value of Rp 18 billion (approx. US$1.1 million), following a tip-off triggered by TikTok advertisements, Trade Minister Budi Santoso announced on Thursday. ASIA'S LARGEST WIND FARM OPERATIONAL SOON -- VIENTIANE TIMES Laos will launch its first RM3.9 billion (US$930 million) wind farm by year-end. All 133 turbines are now fully installed. The 600-MW power project is spread across 68,000 hectares of Xekong and Attapeu provinces. TECHNICAL EXPERTS TO TRAIN LAO YOUTH -- VIENTIANE TIMES Laos and Switzerland vocational education experts are jointly working to strengthen curriculum development for technical training institutions and enterprises in Laos. The project aims to provide knowledge and skills for unemployed youth. MYANMAR EXPORT STRATEGY BEING FINE-TUNED -- THE GLOBAL NEW LIGHT OF MYANMAR The government, along with the Private Trade Promotion Council are working on the National Export Strategy 2026-2030 draft that will propel the domestic trading sector. Both parties held the second council meeting yesterday. GROWERS ADVISED TO TARGET SOUTH KOREA -- THE GLOBAL NEW LIGHT OF MYANMAR Local associations advise growers and suppliers to export dry coconut shells to South Korea. There is a growing demand for dried and fresh coconut that is widely used in the cosmetic and Asian food industries. They are currently exported to Bangladesh, China and Thailand. SINGAPORE OF NEW OFFICE-HOLDERS LARGEST SINCE 2001; RESHUFFLE PROVIDES FOR MINORITY SUCCESSION IN CABINET -- THE STRAITS TIMES In 2001, seven new MPs took political office in a fresh injection of talent by then Prime Minister Goh Chok Tong. BUILDINGS COULD BE ALLOWED NEAR SINGAPORE AIRPORTS WITH HEIGHT RESTRICTIONS REVIEW: CHEE HONG TAT -- CNA Height restrictions on buildings near airports could be revised later this year, potentially paving the way for taller residential and commercial developments, said Minister for Transport Chee Hong Tat on Thursday (May 22). THAILAND 1. SUPREME ADMIN COURT ORDERS YINGLUCK TO PAY 10BN BAHT FOR G-TO-G RICE DEAL DAMAGE -- THE NATION Supreme Admin Court orders Yingluck to pay 10bn baht for rice pledging scheme damage, overturning lower court ruling and adjusting asset freezes. 2. COUP RISK REMAINS, WARNS PHUMTHAM -- BANGKOK POST Defence Minister Phumtham Wechayachai has refrained from ruling out the possibility of a future coup and asked all sides to learn from history to strengthen democratic institutions. VIETNAM EDITION OF 'HAPPY VIETNAM' LAUNCHED -- VIETNAM NEWS Vietnam launched the third edition of its 'Happy Vietnam' media award, which will capture the true meaning of happiness and how it connects to national identity. The campaign is a nationwide move to celebrate national pride and promote human rights. 2. RELIEF FOR VIETNAMESE DURIAN EXPORTERS TO CHINA -- VIETNAM NEWS The General Administration of Customs of China has recognised 829 growing area codes and 131 packing facility codes for Vietnamese durians. The Ministry of Agriculture and Environment considers this is a positive move to address the decline in durian exports to China recently. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial
South China Morning Post
05-03-2025
- Business
- South China Morning Post
Job losses, rising food prices threaten Indonesians' Ramadan spending spree
Skyrocketing food prices and widespread job losses threaten to dampen Indonesia 's usually vibrant Ramadan spending spree, raising concerns that government incentives may not be enough to offset the economic slowdown. Advertisement Southeast Asia's biggest economy typically sees a surge in consumer spending during Ramadan and the Eid ul-Fitr holiday – which marks the end of the Muslim holy month – due to traditions such as gatherings to break fast with friends and family at restaurants and buying new clothes to wear while visiting hometowns. In 2024, Indonesia's economic turnover during the Eid holiday was estimated at 369.8 trillion rupiah (US$22.4 billion), according to the Tourism and Creative Economy Ministry. However, an extravagant Eid appears unlikely this year amid President Prabowo Subianto's austerity measures , rising food prices, a weakening rupiah and mass lay-offs in industries such as textiles, which employ tens of thousands of workers. Food staples such as eggs, shallots, cooking oil and rice have seen significant increases ahead of Ramadan. On Monday, Trade Minister Budi Santoso revealed in a hearing with lawmakers that the price of red chillies had increased by 23.23 per cent to 81,700 rupiah (US$4.96) per kilogram, which he chalked up to 'reduced supply due to heavy rainfall this month'. A worker arranges trays of eggs at a supermarket in Jakarta on Monday. Items such as eggs, shallots, cooking oil and rice have seen significant increases ahead of Ramadan. Photo: EPA-EFE Higher prices have left consumers and food sellers feeling the pinch.
