Well-calibrated Australian support could make a pivotal difference to lower the risks and help Indonesia finance the budget deficit needed to get through the pandemic.
Trade
The relocation of factories, including South Korea’s LG and Japan’s Panasonic, will bring potential employment for 30,000 workers.
Logically we’d be putting money and imagination into revealing who we are and what we do. Now’s the time, using the new free trade agreement with Indonesia.
This year is going to be a tough one for trade but amid the chaos and collapsing supply chains an unlikely agreement has broken through.
The slump has forced Blue Bird to rework its capital spending, deciding to postpone the expansion of its electric vehicle fleet until demand recovers.
Local institutions, both private and state-owned, have since racked their brains to meet domestic demand in the face of disrupted global supply chains.
For example, Indonesia is allowing Australian exporters to use an electronic certificate of origin in order to claim free trade agreement benefits for its exported products.
Many argue that Jokowi’s economy-centric foreign policy agenda has to some extent reduced Indonesia’s activism in regional and global platforms.
Training a traditional industry to adapt to smart logistics takes time, but most are open to it, says Waresix CEO Andree Susanto.
International education is in crisis, both in Australia and around the world. It is time for Australians to learn more about international education and why it is important.
Australia and Indonesia have finally ratified a bilateral Free Trade Agreement but cold chain issues and live cattle disputes are clearly still holding food trade back.
The success of Australia’s higher education sector is due, in part, to the sector’s capacity to attract international students.
The AIC’s recent In Conversation webinar brought together three industry leaders, from universities, TAFEs and EdTech, to discuss rapid changes in the marketing and delivery of their various services.
To recover and prosper the sector must accelerate diversification of its key student source markets, embrace online and offshore delivery models, and capitalise on our advantages.
IA-CEPA creates a framework for Australia and Indonesia to unlock the vast potential of the bilateral economic partnership, fostering economic cooperation between businesses, communities and individuals.
It is lagging badly behind Asean rivals in the competition for foreign direct investment. Things could get rougher in post-Covid-19 world.
