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NEW UPDATES Asean Affairs  22 October 2014  

Taiwan’s Foxconn optimistic about investing in RI

Taiwan’s Foxconn Technology Group, the world’s biggest electronic components maker, is optimistic about kickstarting its planned investment in Indonesia and hopes to meet President Joko Widodo’s new team soon, a spokesman said on Monday.

Foxconn, whose flagship listed unit is Hon Hai Precision Industry Co Ltd, may invest in a wide range of information and communication technology, Simon Hsing told Reuters.

This includes making hardware such as phones, tablets and televisions, as well as providing telecommunication services, Hsing said.

Foxconn had previously said it may invest US$1 billion in Southeast Asia’s biggest economy.

“Indonesia has a bright future. We can bring in the manufacturing capability and the supply chain,” he said.

Foxconn operations in Indonesia would focus on the domestic market of around 240 million people, he said, but the company could also export to the rest of the Southeast Asian region.

Hsing and Jakarta-based Jeff Yang, vice president of business development at Foxconn’s Indonesia division, were in the Indonesian capital to congratulate Widodo, who took over as president on Monday.

Foxconn Chairman Terry Gou is likely to meet Widodo in person soon, Hsing said. He declined to give more details on the potential investment.

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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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