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NEWS UPDATES Asean Affairs     September  28,  2016  

Australia's Victoria state to invest in Indonesia's cold chain distribution

Australia's Victoria state will bring its private companies to invest in Indonesia’s cold chain distribution, paving the way for partnership between Victorian investors and local companies, including state postal company Pos Indonesia, which is developing its logistics business.

Victorian Agricultural Minister Jaala Pulford said the new investment would further expand trade between Victoria and Indonesia, which currently focused on potatoes, dairy, premium fruits, and premium meat products.

"We are interested in working on the area of mutual benefit to assist the development of Indonesian industries," she said after a bilateral meeting with Trade Minister Enggartiasto Lukita at the Trade Ministry in Jakarta on Monday.

The state, she continued, has prepared potential companies to invest in the business. She did not elaborate on the details of the companies.

According to Enggartiasto, the Victorian investors would have to partner with Indonesian companies as the sector was included on the negative investment list (DNI).

"We see that Pos Indonesia is the most suitable partner, because they have a broad network," he said, adding that the Investment Coordinating Board (BKPM) would facilitate Victoria’s investment commitment.

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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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