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.
Trade
It is lagging badly behind Asean rivals in the competition for foreign direct investment. Things could get rougher in post-Covid-19 world.
[Video] At the AIC’s webinar on regional trade and COVID-19, James Castle of CastleAsia described the view from the business community in Jakarta.
One of the key objectives in the new strategy is ensuring COVID-19 does not cause instability in the region.
The strategic importance of South Sulawesi’s economy is bolstered by the size of its population – by far the largest in eastern Indonesia at 8.8 million.
The power of proximity has long surpassed the “tyranny of distance” in Australian trade relations.
While the Indonesian government has flagged it could begin winding back some restrictions as soon as early June, some business people are delaying their return amid uncertainty.
Complementarities between the two nations’ economies continue to develop, challenged by inward looking reactions to the crisis, but at the same time buoyed by new priorities, digitisation and more.
Our latest webinar explored trade and investment disruption during COVID-19, with leaders from Austrade and PwC’s Asia Practice, and an on-the-ground view from Indonesia.
The AIC In Conversation podcast was today launched by the Australia-Indonesia Centre across a number of popular podcast applications. An audio version of the Centre’s new In Conversation webinar series, the podcast is available for subscription on Apple Podcasts, Spotify, Google Podcasts and more.
The impact on many of these newly unemployed and their families has been nothing less than devastating. Many don’t have money to buy food.
[AIC Backgrounder No.2/2020] Seaweed farming is a growth industry in South Sulawesi, and, recognising its potential, the national government has made it a strategic economic priority.
With little to no cost at home, a multi-billion “standby” loan will help restore economic confidence in a big neighbour.
US tech companies had already begun to ‘decouple’ from China, but global shortages, from face masks to ventilators, has amplified concerns about continuing with business as usual.
The AIC’s first live webinar on 7 April 2020 looked the economic impact of Covid-19 in Indonesia, and included a number of Read more