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‘Overcoming failure is part of the journey'
‘Overcoming failure is part of the journey'

The Star

time26-05-2025

  • Business
  • The Star

‘Overcoming failure is part of the journey'

KUALA LUMPUR: In a candid session, three Asean women shared reflections on failure, resilience and the road ahead for women in leadership. The panel, part of the Global Power Hour: Women Pioneering Change Across Continents', featured Cambodian Minister of Commerce Cham Nimul, Indonesia's Vice-Minister of Trade Dyah Roro Esti Widya Putri and UOB Malaysia CEO Ng Wei Wei. Moderated by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, the conversation underscored not just policy or progress, but personal truths and hard-earned insights from them navigating different terrains across South-East Asia. In a heartfelt reminder to women, Cham said 'don't blame yourself' while urging women to stop internalising guilt in the face of setbacks. 'There are already many others who want to blame us for many things, but when that blame comes from within, it hits the hardest. Don't do that to yourself,' she said. Dyah Roro spoke of the generational challenge of instant gratification, particularly among youth in the digital age. 'Many young people today project their identity through platforms that reward them instantly, but life doesn't work that way. Failure is not the end, it's just part of the journey,' she said. Echoing the theme, Ng emphasised on staying the course despite setbacks. 'If you want to make a difference, passion and energy alone aren't enough. You need grit, agility and the ability to bounce back even when it's uncomfortable.'

Indonesia to chase new trade deals as ‘shocking' Trump wields tariff threat
Indonesia to chase new trade deals as ‘shocking' Trump wields tariff threat

South China Morning Post

time14-02-2025

  • Business
  • South China Morning Post

Indonesia to chase new trade deals as ‘shocking' Trump wields tariff threat

Published: 4:02pm, 14 Feb 2025 Indonesia will seek to diversify its markets as global protectionism intensifies, while also taking steps to defend its local manufacturers, Deputy Trade Minister Dyah Roro Esti Widya Putri has said. 'Trump's statements on tariffs are quite shocking in a lot of ways, but we think Indonesia could maximise its market potential if the US imposes tariffs on Chinese goods,' Roro said in an interview in Jakarta late on Wednesday. 'We are safeguarding our national trade, while expanding exports.' US President Donald Trump 's plans for tariffs against countries ranging from Canada to China have stoked fears globally that all exporting nations may face more barriers to the world's biggest consumer market. On Wednesday, the European Union trade chief spoke to US officials over their trade disputes, and all Canada's premiers were in Washington to lobby against import taxes. The risk of global trade turmoil is making Indonesia take a measured stance, while it continues to seek more trade deals and tighten protection for local manufacturers from cheap imports dumped in its market, said Roro, who at 31 is the youngest official in President Prabowo Subianto 's cabinet. 'We do not want to act too hastily in imposing any kind of import regulation,' she said. 'Once the situation becomes clearer, the government will implement policies that are in Indonesia's best interest.' Southeast Asia's largest economy has long sought deeper trade ties with the US but, unlike some of its neighbours, it does not have a free-trade agreement or Comprehensive Economic Partnership Agreement with Washington. Instead, it relies on mechanisms like the Trade and Investment Framework Agreement to manage trade relations. Indonesia's total exports to China, its top destination, more than doubled from 2019 to 2024, according to its trade ministry, while shipments to the US rose by just 47 per cent over that span. Indonesia's trade with the US totalled US$38.3 billion last year, with Jakarta posting a US$14.3 billion surplus, according to the ministry.

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