Malaysia – The Department of Statistics Malaysia (DoSM) is confident about Malaysia’s economic recovery in Q3 2022, despite external threats and downward pressure following Q1 2022’s favorable performance. Datuk Seri Mohd Uzir Mahidin, chief statistician, said several nations performed better in Q1 2022, suggesting economic recovery despite various global crises producing supply chain disruptions, inflationary pressure, and monetary policy tightening. …

Indonesia – The United Nations Office for Disaster Risk Reduction (UNDRR) Director Ricardo Mena praises Indonesia as a country that is driving in worldwide endeavors for catastrophe risk decrease. This is vital (exertion) and I think this is where we feel that Indonesia is driving on the worldwide endeavors of diminishing fiasco gambles. Along with this, Mena said that Indonesia …

Indonesia – President Joko Widodo (Jokowi) got a humblevisit of Serbian Foreign Minister Nikola Selakovic at the Merdeka Palace. In view of this, Minister Retno Marsudi, in her proclamation after the gathering, noticed that as Indonesia is an essential accomplice of Serbia, reinforcing participation between the two countries will be fundamental. Along with this, Serbia saw Indonesia as one of …

Korea – Korea has rebounded successfully from the pandemic, owing to solid economic foundations and timely governmental actions. Despite repeated rounds of infections, economic production has reached pre-crisis levels. The recovery was aided by excellent pandemic containment, which included quick vaccination last year, as well as aggressive economic policy assistance, which helped to reduce economic scarring, preserve income growth, and …

Malaysia – Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob today encouraged the US to pursue a more aggressive trade and investment strategy with the Association of Southeast Asian Nations (Asean), claiming that doing so would benefit Washington both economically and diplomatically. Ismail Sabri expressed some of the displeasure felt in Asia after former President Donald Trump exited a regional …

Thailand – The urgent need to get the economy in the groove again is leaving the public authority no decision except for to pursue a full-scale resuming of the country in the midst of waiting apprehension about a post-Songkran celebration spike in Covid-19 cases, most authorities on the matter would agree. Previous head of the state Abhisit Vejjajiva said the …

Malaysia – According to a World Bank assessment, Malaysia’s economy is predicted to rise 5.5 percent this year, owing to improved domestic demand, more exports, and the reopening of borders. It stated that the external industry is expected to continue to assist, particularly in the areas of electrical and electronic products (E&E) and medical rubber gloves. However, it warned that …

Malaysia – Malaysian companies interested in doing business in Nusantara, Indonesia’s soon-to-be capital city, should go outside traditional industries, according to the Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs). Datuk Seri Maximus Ongkili said that the city of Samarinda, as well as other sections of East Kalimantan, had significant commercial potential in infrastructure, tourism, agriculture, and other …

Indonesia – Indonesia’s plan to relocate its capital city from Jakarta to Kalimantan, which is anticipated to begin in the first quarter of 2024, would help Sabah and Sarawak. This was disclosed during a table discussion with Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Maximus Ongkili and Minister in the Prime Minister’s Department (Economy) Datuk …

Japan – Secretary of the Department of Trade and Industry (DTI) Ramon Lopez has praised the Asia-Japan Investing for the Future Initiative, which seeks to improve investment cooperation in Asia. Lopez said the Japan-led project is likely to assist Southeast Asian countries’ post-pandemic recovery efforts, speaking at the 47th Asean-Japan business summit on Thursday. The Asia-Japan Investing or Future Initiative, …