3579
Challenge for Indonesia
World Economy

Challenge for Indonesia

Preparing for the ASEAN Economic Community (AEC) will be the biggest challenge for Indonesia’s new foreign minister,  Retno Marsudi, according to Nur Hassan Wirajuda who served as the country’s foreign minister between 2001 and 2009,Indonesia’s InvestAsian reported. The AEC is set to come into effect at the end of 2015, and aims to transform Southeast Asia into a single economic community. Some of the benefits include a free flow of labor and capital, reduced barriers to trade, and more opportunities to invest throughout ASEAN. The new union will be similar to the EU in some ways, but without a shared currency.

 

Short URL : http://goo.gl/I2xAJD

You can also read ...

China is likely to develop a major overcapacity in production of industrial robots. This will tend to result in building too many factories, and that in turn means price-dumping on global markets.
The Chinese government has adopted a 'Made in China 2025'...
The Trump administration has expressed interest in combating America’s trade deficit with individual countries like China and Mexico.
As the nation was reeling from the racially charged violence...
China mainland stocks enjoyed some of  the steepest gains.
Emerging stocks and some currencies ended the week on a sour...
Brazil Showing Signs of Recovery
Economic activity in Brazil expanded at a faster pace than...
Consumer confidence in Singapore has picked up.
Singapore residents were significantly more optimistic about...
Turkey Growth 3rd in G20
Turkey has occupied the third rank among the 20 major...
Goldman Sachs Loses $100m
A sour bet on the direction of natural gas prices contributed...
Fitch Upgrades Greece Debt
Credit rating agency Fitch on Friday upgraded Greece’s debt by...

Trending

Googleplus