Many of Bali’s 4 million residents have been relying on the tourism industry for generations, but with people staying home due to the coronavirus travel restrictions, its residents are struggling.
Trade
The Australia Indonesia Business Council (AIBC) is the peak body for two-way business that is based in Australia.
IA-CEPA will result in a significant boost to Australian businesses seeking to undertake greater trade and investment with Indonesian businesses and consumers.
COVID-19 has done more to close borders, reverse globalisation, decouple supply chains and marginalise multilateral institutions than the most fervent efforts of the world’s populist nationalists.
Turning this emerging model into a confidence building policy package that can be applied more broadly in a future pandemic everywhere from the neighbourhood (Indonesia) to a faltering G7 member (Italy) will require some skilful multilateral institutional work.
The leader of one of Indonesia’s biggest provinces has set up dedicated services to tackle the spread of the coronavirus, drawing in one of The Australia-Indonesia Centre’s partner Universities.
With the national cattle herd at its lowest point in more than 20 years because of the drought, a line of feeder steers bound for Indonesia from Darwin has sold for a record high of $4 per kilogram.
The Quad aims to tie the four corners of the Indo-Pacific together in high level security dialogue among the four ‘like-minded’ democracies — Australia, Japan, India and the United States (notably absent Indonesia).
Indonesia is urging that countries band together in the fight to contain the spread of the COVID-19 coronavirus globally, Foreign Minister Retno Marsudi said on Friday.
Without much help from the Fund, some emerging economies have developed a sensible practical response. Indonesia is a case in point.
Australia is doing a lot of thinking about what steps to take in the South Pacific. How high does the ‘Pacific step-up’ have to go? How many different steps? Step style? Step hierarchy?
Covid-19 reveals a need for Australian exports beyond China, security plans for epidemics, and supply-chain smarts.
Australia doesn’t get too many masterworks on foreign policy, but we’re in a fertile period, as tough times bring forth books to define the era.
Indonesia’s stock index extended losses before reversing to gains on Monday morning trade, after a market rout sent the gauge to its worst month in six years as coronavirus cases grow.
The Indo-Pacific is an idea with a crucial purpose: avoid war. It’s a lot to ask of a geographic construct that barely existed a decade ago. The journey from construct to competition has been short and sharp.
The Australian government has expressed interest in investing in Indonesia’s SWF. This was conveyed by Australian Treasurer Josh Frydenberg during a bilateral meeting with Finance Minister Sri Mulyani Indrawati.
