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NEWS UPDATES Asean Affairs     September  30,  2016  

Indonesia should refocus exports to ASEAN market

Indonesia should pay more attention to the ASEAN market following the implementation of the ASEAN Economic Community (AEC) this year, Indonesian Chamber of Commerce and Industry (Kadin) chairman Rosan Roeslani has said.

From January to August 2016, Indonesia's exports to ASEAN countries reached US$18.33 billion, a slight decrease from the same period last year at $18.19 billion. However, during the same period, the contribution to Indonesia's exports rose from 20.4 to 21.89 percent.

The export portion was bigger than that of the EU, which contributed 11.09 percent to the country’s total exports, and the US, China and Japan markets, which contributed 12.31 percent, 10.06 percent and 10.14 percent, respectively.

"It is time for Indonesia to focus more on the ASEAN market […] We have big hope that the AEC will motivate Indonesian exporters to boost exports to ASEAN countries," he said during the National Trade Conference themed "Trade and Export For All" in Jakarta on Tuesday.

Although Indonesian exports to the main traditional markets in ASEAN decreased, such as to Singapore (-0.46 percent) and Thailand (-6.09 percent), Rosan pointed out that exports to the other six countries showed a tremendous increase by 13.71 percent from $5.02 billion to $5.7 billion during January-August 2016.

The export value to those six ASEAN countries (Philippines, Myanmar, Vietnam, Cambodia, Laos and Brunei), however, was still lower than that to Singapore alone, which stood at $5.81 billion. Therefore, he urged businesspeople to further penetrate the six countries.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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