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Barnama
19-05-2025
- Business
- Barnama
Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: May 19
IN BANGKOK TO BOLSTER TIES AHEAD OF ASEAN SUMMIT -- THE JAKARTA POST The Indonesian Chamber of Commerce and Industry (Kadin) has suspended three of its members following allegations of intimidation and extortion against a Chinese engineering firm involved in a major national project in Cilegon, Banten. President Prabowo Subianto begins his visit in Bangkok on Monday, as he reconvenes with Thailand's leaders to strengthen bilateral ties ahead of his first ASEAN Summit in Malaysia and amid regional concerns over the ongoing tariff war started by the United States. LAOS MEDICAL AID TO SUPPORT LAO HEALTHCARE -- VIENTIANE TIMES The China-Asia Economic Development Association and Asia Economic Development have provided medical supplies and vaccines to the Lao government. The RM6 million (CNY10 million) worth of medical aid is to support the treatment and prevention of diseases. PRABANG EYEING TOURISM AWARD -- VIENTIANE TIMES UNESCO World Heritage Site Luang Prabang is aiming for the Tourism Destination Award from the Green Destination Organisation. Luang Prabang aims to elevate its profile as a culturally rich tourist destination in the world with the international certification. MYANMAR FDI WORTH RM155 MILLION APPROVED -- THE GLOBAL NEW LIGHT OF MYANMAR The government approved three new foreign direct investments (FDI) valued at RM155 million (US$35.778 million) on May 16. The investments were in the manufacturing of solar panels, installation of power cables, production of instant foods and the garment sector. OPENBILL STORKS ARRIVE IN MOEYUNGYI WETLAND -- THE GLOBAL NEW LIGHT OF MYANMAR About 500 critically endangered migratory Asian openbill storks were spotted at the Moeyungyi Wetland Sanctuary in Bago Region. Moeyungyi has become a major habitat during the rainy season and the birds arrive in search of food. SINGAPORE 1.'YOU ARE SO SPECIAL TO ME': LADY GAGA RETURNS IN SPECTACULAR FASHION, WITH SINGAPORE FLAG IN TOW -- THE STRAITS TIMES American pop star Lady Gaga played a dazzling, sold-out set at the National Stadium on May 18, the first night of her four gigs in Singapore, her only stops in Asia. US PRESIDENT JOE BIDEN DIAGNOSED WITH 'AGGRESSIVE' PROSTATE CANCER -- CNA/AGENCIES Former US President Joe Biden has been diagnosed with an "aggressive form" of prostate cancer that has spread to his bones, his office said in a statement on Sunday (May 18). THAILAND 1. THAI, CAMBODIAN TROOPS HOLD TALKS OVER BORDER PATROL DISPUTE -- THE NATION The Suranaree Task Force engaged Cambodian troops over border patrol amid recent territorial concerns, Lt Gen Boonsin Padklang, Commander of the 2nd Army Region, said on Saturday. 2. DEPARTMENT TO AMEND TAX ON FOREIGN INCOME REMITTANCE -- BANGKOK POST The Revenue Department is preparing to draft legislation to amend the collection of tax on foreign income remitted to Thailand. VIETNAM ASSURED CUBA OF ITS INVESTMENTS -- VIETNAMPLUS Vietnam and Cuba have pledged to diversify their economic partnership to bolster their 25-year-old strong bilateral relations. Vietnam will continue its operations in the Mariel Special Development Zone, which drives Cuba's economic growth. OF DA NANG TO DEVELOP FINANCIAL TALENTS -- VIETNAMPLUS The University of Da Nang will help to develop human capital to support the government's ambition to transform Da Nang into a financial hub. The planned Vietnam International Financial Centre in the central city is expected to attract quality investments. -- 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


Zawya
14-04-2025
- Business
- Zawya
Trade volume between Qatar, Indonesia reached $1.13bln in 2024: QC Chairman
Doha: Chairman of Qatar Chamber (QC) Sheikh Khalifa bin Jassim bin Mohammed Al Thani said that bilateral trade between the State of Qatar and the Republic of Indonesia reached QR4.13 billion in 2024, reflecting a growth of approximately 13.5 percent compared to QR3.64 billion in 2023. This came during a speech delivered by His Excellency at the Qatari-Indonesian Business Meeting held on Sunday, in the presence of President of the Republic of Indonesia HE Prabowo Subianto. The meeting was attended by Second Vice Chairman Rashid bin Hamad Al Athba, along with several board members, the Indonesian delegation, and a number of Qatari businessmen. HE QC Chairman highlighted that Indonesia is a key trade partner for Qatar, adding that there are numerous successful Qatari investments in Indonesia across various sectors such as communications, banking, and energy. He also pointed out that many Indonesian companies are investing in Qatar, operating in a range of sectors either through partnerships with Qatari partners or under full Indonesian ownership. HE Sheikh Khalifa bin Jassim Al Thani said that Qatar and Indonesia share long-standing and close ties, along with a common vision for sustainable development and shared prosperity. His Excellency underscored that Qatar continues to strengthen its position as a hub for investment, innovation, and global trade, offering a stable, business-friendly environment, world-class infrastructure, and ambitious development initiatives aligned with the National Vision 2030. He highlighted the Memorandum of Understanding (MoU) signed between Qatar Chamber and the Indonesian Chamber of Commerce, emphasizing the importance of activating it to further advance bilateral relations between the private sectors of both nations. He added that this will contribute to enhancing economic, investment, and trade cooperation, as well as promoting more frequent visits and meetings between business leaders from both countries. Such engagements, he noted, will enable both sides to identify and seize joint investment opportunities and explore promising sectors in each nation. Moreover, both countries can take full advantage of the benefits, facilities, and incentives offered by their respective governments to support these efforts. "QC is fully committed to facilitating trade, joint ventures, and direct investment between Qatari and Indonesian businesses. It encourages the private sectors in both countries to engage actively and build investments and partnerships that will benefit our economies and our peoples," he said. For his part, Chairman of Indonesia Chamber of Commerce and Industry Anindya Novyan praised the Qatar Chamber's efforts for developing cooperation and partnership between the private sectors of both countries. He noted that Indonesia owns tremendous potential and natural and human resources, as well as a variety of investment opportunities in all sectors such as renewable energy, infrastructure, technology and food security. In turn, Special Envoy to the President for Climate, Energy and Housing Hashim Djojohadikusumo said that Qatar is one of the most important investors in Indonesia, especially in sectors like banks and communication. He expressed welcome to all investments from all world countries, highlighting that Indonesia is a safe destination for investment. He invited Qatari investors to invest in his country. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper