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NEWS UPDATES Asean Affairs        24 January 2011

Indonesia signs deals with India

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Indonesian President Susilo Bambang Yudhoyono said Monday he hoped to help secure lucrative investment deals worth $15 billion on a trip to India this week.

The two sides are expected to sign memoranda of understanding at a business forum on Tuesday to be attended by 500 Indian and Indonesian entrepreneurs, Yudhoyono told reporters in Jakarta ahead of his trip.

"The investment value is $15 billion, which includes cooperation in infrastructure, manufacturing, natural resources and services," he added.

Yudhoyono said trade volume between the two countries had tripled from $4 billion in 2005 to $12 billion in 2010.

Indonesia plans to spend $140 billion until 2014 on improving its poor infrastructure and reaching an economic growth target of seven percent. Of the total, the government has said it aims to attract $90 billion from private investors.

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This year in Thailand-what next?

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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