Indonesia

Speaker of the Indonesia n House of Representatives ( DPR ) Puan Maharani. (Photo: https://en.antaranews.com/) Jakarta (VNA) – Speaker of the Indonesian House of Representatives (DPR) Puan Maharani has called on member parliaments of the Group of 20 leading economies (G20) to tackle climate change, which causes severe impacts across the globe. Addressing the Parliamentary Forum in the Context of the G20 Parliamentary Speakers Summit (P20) meeting in Jakarta on October 5, Maharani warned that natural disaster s, such as droughts and floods, have continued to occur with increasing frequency. She said all parties must have a sense of urgency as now is the time to act to reduce global emissions, speed up the transition to renewable energy, and implement financial aid and technology transfer for developing countries. The world needs to develop climate change mitigation centered on humans and that will have to start with developing awareness and commitment to … [Read more...] about Indonesia urges G20 parliaments to address climate change

Chief of the Indonesian Constitutional Court Anwar Usman delivers a keynote address at the first discussion of the 5th Congress of World Conference on Constitutional Justice in Bali, Indonesia on October 5. (Photo: https://en.antaranews.com/) Jakarta (VNA) – The 5th Congress of World Conference on Constitutional Justice (WCCJ) kicked off in Bali, Indonesia, on October 5, gathering representatives of 119 constitutional courts and councils across the continents. Indonesia n President Joko Widodo affirmed that the Constitutional Court is the "main pillar" in ensuring constitutional justice, and is the "key element" of democracy, for protecting human rights and soundness of the law. WCCJ members to improve the quality of decisions./. VNA … [Read more...] about Indonesia hosts World Conference on Constitutional Justice’s congress

Coordinating Minister for Economic Affairs Airlangga Hartarto (centere). (Photo: ANTARA/VNA) Jakarta (VNA) - The economic cooperation between Indonesia and the Republic of Korea (RoK) continues to be intensified, such as through the ratification of the countries’ comprehensive economic partnership agreement (IKCEPA), an Indonesian official has said. The IKCEPA could be enforced in January 2023, Coordinating Minister for Economic Affairs Airlangga Hartarto said in an official statement on October 5 congratulating the people and Government of the Republic of Korea on their country’s National Foundation Day (October 3). He noted that in addition to the IKCEPA, Indonesia and the RoK have ratified the Regional Comprehensive Economic Partnership (RCEP) Agreement that will strengthen bilateral relations, especially in economy, trade, and investment. The official expressed his belief that relations and cooperation between the two countries can become stronger in line with the … [Read more...] about Indonesia, RoK strengthen economic links

Illustrative image (Photo:  jakartaglobe.id) Jakarta (VNA) – A cross-border payment system between the five ASEAN countries of Thailand , Singapore , Malaysia, the Philippines, and Indonesia will be fully connected next year, according to Bank Indonesia (BI) Governor Perry Warjiyo. Perry said on October 5 that Indonesia has linked the payment system with Thailand and will soon link it with Malaysia and Singapore. But he did not provide details about the deal with the Philippines . In late August, BI and the Monetary Authority of Singapore (MAS) agreed to cooperate on QR code payments between the two countries to encourage payment connectivity in ASEAN. This initiative marked an important milestone in strengthening financial collaboration between the two nations./. VNA … [Read more...] about Five ASEAN countries to connect to payment system in 2023

The Vietnam National Administration of Tourism said the country welcomed over 1.8 million foreign tourists in the nine-month period, of which 1.2 million were recorded in the third quarter of this year, 2.5 times the figure in the previous quarter. The Republic of Korea (RoK), the U.S. and Asian countries like Cambodia, Japan, Singapore and Thailand are the biggest sources of tourists for Vietnam, the agency noted. As of mid-September, international search volumes for aviation and lodging services in the Southeast Asian nation rose three times and 10 times, respectively, as compared with early March when the country had yet reopened its doors. Domestic holidaymakers reached about 86.8 million in the nine months, surpassing the 85 million in 2019. More and more Vietnamese are travelling abroad, with their search volume increasing four times from early March, targeting such countries as Thailand, Cambodia, Australia, the U.S., Indonesia, France and Malaysia. Vietnam fully … [Read more...] about Vietnam rakes in USD 16.05 billion from tourism in nine months

Illustrative image. (Photo: vneconomy.vn) Hanoi (VNA) – The COVID-19 pandemic has put the brake on Vietnam’s economic growth over the last two years but, on the other hand, it has also fueled a significant uptick in e-commerce which recorded a 16% growth to 13.7 billion USD in retail revenue in 2021, according to the White Book on Vietnamese E-business 2022. Last year, the economic growth hit the lowest in 30 years, at just 2.58%, with key services sub-sectors experiencing downturn. Data from the General Statistics Office showed that retailing and wholesaling declined 0.21% year-on-year, causing the economy to decrease 0.02 percentage point. Warehouse and logistics plunged 5.02% and lodging and catering services 20.81%, leading to a drop of 0.3% and 0.51%, respectively, to the GDP growth. Meanwhile, the share of turnover from e-retailing to last year’s total retail sales of goods and services was 7%, a year-on-year rise of 27% from 2020. E-retailing is forecast … [Read more...] about E-retailing to grow 20% this year