Indonesia looks to attract more investment from Singapore

Indonesia's Investment Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM), is currently on a visit to Singapore with a view to attracting more investment to the archipelago nation. 

During the three-day trip until August 28, he is set to meet with Singaporean Prime Minister Lawrence Wong to look into the increase of investment and cooperation in key sectors, including downstream natural resources, clean energy, and human resources development, which are among priorities of Indonesia. 

Indonesia looks to attract more investment from Singapore  -0
Part of Central Kalimantan province on Borneo Island, where the new capital of Indonesia is being built. (Photo: AFP/VNA)

Meeting the Indonesian official on August 26, Singapore's Minister for Manpower and Second Minister for Trade and Industry Tan See Leng said there remains much potential for bilateral cooperation, especially in the fields of natural gas and logistics. 

The two countries also need to further discuss the challenges in implementing carbon capture and storage and the relatively new carbon market in Indonesia to accelerate collaboration in this area, he noted. 

Singapore's investment in Indonesia reached 4.6 billion USD in the second quarter of 2024. From 2019 to June 2024, the figure stood at 63.17 billion USD, or 29.8% of the total foreign investment in Indonesia, according to BKPM./. 

VNA

World

Japan strengthens commitment to Southeast Asia
World

Japan strengthens commitment to Southeast Asia

Japanese Prime Minister Shigeru Ishiba on January 10 met with his Malaysian counterpart Anwar Ibrahim during his visit to the Southeast Asian country, pledging to enhance cooperation in addressing urgent regional and international challenges, including tensions in the East Sea, the Middle East, and the ongoing crisis in Myanmar.

Thai PM calls for extra efforts to address PM2.5 air pollution
World

Thai PM calls for extra efforts to address PM2.5 air pollution

Thai Prime Minister Paetongtarn Shinawatra has instructed ministries and departments to accelerate efforts to tackle PM2.5 air pollution, particularly through halting the purchase of burnt sugarcane, cracking down on vehicles that emit smoke, and strictly controlling construction sites.

Indonesia confirms cases of HMPV
World

Indonesia confirms cases of HMPV

Indonesian Minister of Health Budi Gunadi Sadikin on January 7 confirmed the detection of cases of Human Metapneumovirus (HMPV) in the country, but assured the public that the disease is not dangerous.

RoK pins high hope on FTA with Philippines
World

RoK pins high hope on FTA with Philippines

The Republic of Korea (RoK)'s Minister of of Trade, Industry and Energy Cheong In-kyo on December 26 said that the RoK-Philippines free trade agreement (FTA), set to take effect next week, will help the country further bolster its trade portfolio and contribute to maintaining a stable supply chain.