indo01
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Indonesia ships 5,600 tons of shallots to Thailand

Indonesia on Wednesday sent 5,600 tons of shallots to Thailand, the first shipment in a total of 9,000 tons of shallots to be exported to the country this year. “In the past, we imported shallots from Thailand, but now we export the commodity to the country,” said Agriculture Minister Andi Amran Sulaiman when releasing the […]

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Vietnam leads ASEAN in attracting Japanese investors

The Hanoitimes – High economic growth and improved business environment has helped Vietnam become the most attractive destination of Japanese investors in ASEAN. According to Keiichi Kadowaki, chairman of Japanese Chamber of Commerce and Industry in ASEAN (FJCCIA), nearly 1,800 Japanese firms invested in Vietnam in the first half of the year, the highest among ASEAN […]

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Bank Indonesia replaces overnight JIBOR with IndONIA

Bank Indonesia has replaced the overnight Jakarta Interbank Offered Rate (JIBOR) with the new, market-based Indonesia Overnight Index Average (IndONIA), it announced on Wednesday during a press conference in Jakarta.. BI financial market development director Yoga Affandi explained that the JIBOR was based on the average loan rate quotations that 24 contributing banks sent in the morning and […]

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