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NEW UPDATES Asean Affairs  13  August 2014  

Taiwan to boost investment in RI

A delegation of Taiwanese investors expressed interest in investing further in the electronics and chemical industries in Indonesia during a meeting with Industry Ministry officials in Jakarta on Tuesday.

"They are interested in investing in a number of sectors in Indonesia, particularly the solar cell, electronics and petrochemical industries," Industry Deputy Minister Alex Retraubun told reporters in Jakarta after the meeting as quoted by on Tuesday.

In the solar cell sector, Alex said the ministry would facilitate a discussion between Taiwan and officials of state-owned electronics component maker PT Lembaga Elektronika Nasional (LEN) Industri.

Meanwhile in the electronics industry, he said the government was waiting for the realization of Foxconn investment in Indonesia.

Foxconn, which is also known as Hon Hai Precision Industry Ltd., produces electronics components for various brands, including Apple, Acer, Cisco, Dell, Hewlett-Packard and Intel.

In February, Foxconn signed a letter of intent with the Jakarta administration, agreeing to invest around US$1 billion in the country over three to five years.

Retraubun refused to give details of the potential amount of new investment from Taiwan. "It is being discussed. We will intensify discussions in the future," he said.

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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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