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Posted on February 13, 2025

Indonesia’s Plan to Stop Rice Import Won’t Last Long, Vietnam Says

Jakarta. A diplomat representing major rice supplier Vietnam recently responded to Indonesia’s plan to stop the import of its staple food, saying that Jakarta might eventually change its mind.

Posted on February 13, 2025

Leaders of Indonesia and Turkey hold talks on defense and economic ties

Turkish President Recep Tayyip Erdogan met his Indonesian counterpart Prabowo Subianto on Wednesday for talks aimed at strengthening economic and defense ties between the two Muslim-majority nations ...

Posted on February 13, 2025

Picture of old cylinders falsely linked to Indonesia cooking gas supply woes

An Indonesian government directive that restricted the sale of subsidised cooking gas to authorised retailers in February sparked a flurry of online posts claiming a picture showed similar-sized ...

Posted on February 13, 2025

Türkiye and Indonesia to work together to rebuild Palestinian territories

Turkish President Recep Tayyip Erdogan has said all efforts to prevent the independence of the Palestinian territories are unlawful. Speaking at a joint press statement with his Indonesian counterpart ...

Posted on February 13, 2025

Indonesia wins as Apple considers manufacturing iPhones there

Four months since Indonesia banned sales of the iPhone 16 and demanded increasing investment from Apple, it is reported that the company is talking to its suppliers about building the iPhone locally.

Posted on February 13, 2025

Analysis-Volkswagen’s $1.4 billion India tax tussle rekindles foreign investor fears

India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting concerns that lengthy investigations and litigation could sour the plans of ...

Posted on February 13, 2025

EY seminar helps Oman’s businesses future-proof their tax functions

Insights from the seminar support large multinational enterprises in the country in preparing for the implementation of Royal Decree No. 70 of 2024 ...

Posted on February 13, 2025

New payments entity, automated verification tool to boost Singapore’s status as finance hub

The new entity will consolidate the administration and governance of payment schemes such as PayNow. Read more at straitstimes.com.

Posted on February 13, 2025

Football team’s travel woes suggest deeper economic problems in Turkmenistan

You know Turkmenistan’s economy must be experiencing serious troubles when the country’s leadership cuts back spending on a vanity project. Such is the case with Arkadag FC, a would-be football ...

Posted on February 13, 2025

Singapore to consolidate administration of payment systems under one roof

The Monetary Authority of Singapore and the Association of Banks in Singapore will set up a new entity to consolidate the administration and governance of Singapore’s various national payment schemes.

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