International News

China Pours Billions Into Crisis-hit Property Market

2024-05-19T00:00:00+07:00

Chines has been struggling with a property crisis since 2021 (Photo by: BBC.com)

VOINews, Jakarta: Chinese authorities have unveiled their most significant steps yet to address the crisis that has been dragging on the country's property sector in recent years.

As reported by BBC.com (18/5), the new measures include cutting the amount home buyers need for a deposit and encouraging local authorities to purchase unsold properties.

Problems in China's property market are having a major impact on the world's second largest economy as the industry had been a key driver of growth until recently.

The People's Bank of China (PBOC) said it would set up a 300bn yuan ($41.5bn; £32.8bn) facility to support affordable housing.

The money would be aimed to support local state-owned enterprises to buy unsold homes, said Tao Ling, a deputy governor at the central bank at a news briefing.

Earlier, Vice Premier He Lifeng told officials that local governments can buy properties at "reasonable prices" and sell them as affordable housing, according to state-run Xinhua News Agency.//BBC.com/VOI

Yemen Builds Indonesia-Yemen Cultural Centre in Jakarta

2024-05-17T19:11:26+07:00

VOInews, Jakarta: Yemen plans to build an Indonesia-Yemen Cultural Centre (Markaz ar Tsaqafah al Indunisi wal Yamani) to strengthen cultural cooperation between the two countries. The plan was revealed by the Yemeni Ambassador to Indonesia, H.E. Dr Abdulghani Nassr Ali Al Shamiri to Voice of Indonesia on Friday (17/5/2024) in Jakarta. "The Yemeni government strongly encourages the construction of the Indonesia-Yemen Cultural Centre here in Indonesia. And this will strengthen cultural relations between the two nations," Ambassador Abdulghani Nassr Ali said.

Ambassador Abdulghani Nassr Ali believes the Yemen-Indonesia Cultural Centre will further strengthen cultural cooperation, education and other sectors more intensively and better in the future. The construction of the Indonesia-Yemen Cultural Centre is planned to be completed by the end of 2024. "Insha Allah, the construction of the Indonesian-Yemeni Cultural Centre will be built by the end of 2024 in Jakarta and there will be (followed by) branches in other major cities," Ambassador Abdulghani Nassr Ali said.

It is known that the relationship between Indonesia and Yemen has been established since the 9th century through trade and Islamic propagation. Ambassador Abdulghani Nassr Ali praised the success of the early generation of Yemenis in Indonesia who were able to present a good portrait for the Yemeni and Indonesian people through noble morals and good relationships so as to successfully preach Islam through a cultural approach.

Yemen Builds Indonesia-Yemen Cultural Centre in Jakarta

2024-05-17T19:11:26+07:00

Ministry of Trade Pushes Indonesian Products to South America through Chile

2024-05-17T15:47:23+07:00

KBRN, Santiago: The Indonesian Ministry of Trade (MoT) is encouraging the penetration of Indonesian products to South America through Chile. It was conveyed by the Director General of National Export Development (PEN) of the Ministry of Trade Didi Sumedi as the leader of the Indonesian Trade Mission Delegation to Chile on 9-10 May 2024. "The Ministry of Trade is committed to continuing to encourage Indonesian products to enter non-traditional markets, one of which is the South American region. Chile has a strategic position among other South American countries because it can be an entry point for Indonesian products to the South American region," Didi said.

Didi also said that this trade mission aims to encourage increased trade potential and economic partnership between the two countries after the implementation of IC-CEPA in 2019. "Through the utilisation of the IC-CEPA trade agreement, the potential value of trade between the two countries can still be increased to USD 1 billion. The Trade Mission to Chile is also a form of the Ministry of Trade's contribution in supporting the National Export Enhancement Task Force, and Chile is one of the priority countries targeted to increase exports," Didi said.

Chile is a country with a very open economy. Chile has signed 34 free trade agreements (FTAs) with 64 countries including Indonesia. IC-CEPA alone eliminates 89.6 per cent of the total tariff posts. Therefore, Indonesian businesses can take advantage of it through the use of the Certificate of Origin (SKA) Form IC-CEPA. "IC-CEPA has had a positive impact on increasing the value of Indonesia-Chile trade by 21.73 per cent compared to the value of trade before IC-CEPA," said Djatmiko.

In this trade mission, there were nine business players and associations participating. The businesses and associations are engaged in various sectors such as palm oil products and their derivatives, pesticides, chemical products, vehicle parts, and packaging. Meanwhile, the Indonesia-Chile business forum attended by more than 70 Chilean business players, followed by one on one business matching between Indonesian companies and Chilean business players, has successfully recorded potential transactions worth USD 7.45 million or Rp 119.20 billion. Potential transactions were generated from palm oil products and their derivatives, motor vehicle parts, and plastic packaging. In addition, a business meeting was also held with the Chilean Confederation of Industries (Sociedad de Fomento Fabril/ SOFOFA) and representatives of the Chilean Government in the field of international economic relations (Subsecretatia de Relaciones Economicas Internationales Chile/SUBREI).

The meeting aimed to encourage the involvement of Indonesian and Chilean businesses, as well as broader cooperation and mutual benefit for both countries. In a series of trade missions to Chile, a number of business visits were made, namely to Jumbo Supermarket, an importer of Mannheim automotive parts, an importer of Area Design furniture, and an importer of Indonesian bicycles, Cross Mountain. Jumbo Supermarket, which is the largest retailer in South America, has imported noodle products from Indonesia with several variants and flavours. Jumbo Supermarket expressed interest in trying coconut products from Indonesia. In response, Didi welcomed and will facilitate Jumbo's meeting with Indonesian companies that produce coconut products.

In addition, during a visit to Chile's leading importer of vehicle parts, Mannheim, the Ministry of Trade facilitated a meeting between Indonesian vehicle parts businesses and Chilean importers. The Ministry of Trade also supports other potential automotive parts products to enter the Chilean market. Didi Sumedi, the leader of the Indonesian trade delegation, said that in addition to food and vehicle parts, the growth potential of the furniture industry in Chile is also very promising. During a visit to Area Design, a prestigious furniture supply company in Chile, Didi found that 70 per cent of its products come from Indonesia.

Didi believes that through the preferential tariff scheme of the IC-CEPA, which has entered the implementation stage, the performance of Indonesian furniture exports to Chile will continue to increase. "Moreover, because Indonesian furniture products can compete in the Chilean market in terms of price with similar products from other countries," Didi added.

Meanwhile, at a meeting with Cross Mountain, which is a well-known importer of sports products in Chile, Didi invited Cross Mountain, which has also imported mountain bikes from Polygon Indonesia, to take advantage of the IC-CEPA tariff reduction scheme to increase the volume and value of bicycle imports from Indonesia. "Bicycles are one of the products that receive preferential tariffs on import duty reductions under the IC-CEPA scheme," Didi concluded.

Source: Indonesian Ministry of Trade

Vietnam Follows with Keen Interest BRICS Membership Expansion

2024-05-11T15:57:32+07:00

VOINews, Jakarta: Spokesperson of the Foreign Ministry of Vietnam Pham Thu Hang has said that like many other countries, Vietnam follows with keen interest the expanding membership of BRICS – a group of emerging economies that includes Brazil, Russia, India, China, and South Africa.

As reported by Vovworld.vn (10/5) at a press conference in Hanoi, Ms. Hang responded to a question about the possibility of Vietnam joining BRICS this year.

According to Pham Thu Hang, Vietnam is a responsible and active member of the international community that follows a foreign policy of multilateralism, diversification, independence, and self-reliance.

She has further said Vietnam is always ready to participate in and contribute actively to global and regional multilateral mechanisms, organizations, and forums.VOI/Vovworld.vn

Indonesian Navy and US Marines wrap up Reconex training

2024-05-11T11:19:46+07:00

VOI News, Jakarta: Indonesian Navy soldiers from the 1st Marine Corps Amphibious Reconnaissance Battalion (Yontaifib) and the United States Marines on Friday wrapped up a series of reconnaissance and infiltration exercises under the "Reconnaissance Exchange" (Reconex) Joint Exercise 2024.

The two units underwent a series of closing exercises ranging from long-range navigation exercises to complete infiltration exercises (full mission profile) from May 8–10, 2024.

Commander of Marine Troops (Danpasmar) 1, Brigadier General Umar Farouq, emphasized that joint training between Indonesian and United States Marine troops would not stop at the 2024 Reconex.

"There will be many more exercises between the two units," he informed while reviewing the training on Thursday, according to an official statement released on Friday.

As part of a series of full mission profile exercises on Damar Island since Thursday, Amphibious Reconnaissance soldiers from the two countries practiced infiltrating enemy areas, paralyzing targets, freeing prisoners, and treating and evacuating combat victims, followed by exfiltrating, or leaving the enemy area after completing the mission.

Meanwhile, on Wednesday (May 8), the soldiers trained in long-range navigation, a cross-surface infiltration technique using rubber boats (seariders).

In a separate official statement issued by the US Embassy in Indonesia, Commander of Alfa Company, 1st Reconnaissance Battalion, 1st Marine Division of the US Marine Corps, Captain Ethan Hamilton, informed that the Reconex training was a unique opportunity for soldiers from the two countries to build mutual trust.

According to him, the joint exercise aimed to improve the capabilities of the two countries' reconnaissance forces in terms of tactics, techniques, and procedures in a hostile environment.

The Reconex training is a joint exercise that is held routinely by the Indonesian Navy's Marine Corps and the United States Marine Corps every one–two years.

This year, the training took place from April 25–May 10. It was attended by 120 soldiers from the 1st Yontaifib of the Indonesian Navy's Marine Corps and 20 soldiers from the 1st Reconnaissance Battalion of the 1st Marine Division of the US Marine Corps.

Besides Damar Island, the Reconex training was also held in several other locations, namely Marine Combat Training Center (Puslatpur) 6 Antralina, Sukabumi, West Java; the Pondok Cabe Airbase in Tangerang, Banten; and the Indonesian Armed Forces Training Command in Jakarta. (Antara)

Indonesian Air Force and Japan Air Self-Defense Discuss Joint Training

2024-05-11T11:10:41+07:00

VOI News, Jakarta: TNI AU Staff Deputy Chief, Vice Marshal Andyawan Martono, discussed joint training plans with Japan Air Self-Defense Deputy Chief, Lieutenant General Takuto Ogaswara, alongside the 2024 Air and Space Conference in Canberra, Australia, May 9.

"The two officials discussed the possibility of joint exercise between the two air forces," as quoted from the Indonesian Air Force's official statement on Friday.

The Indonesian Air Force welcomes the Japanese military to conduct joint exercises. This will be beneficial for Indonesia to gain new perspective and combat experience with Japan.

In addition, both nations can share knowledge on war strategies and technology of the main weapons systems, according to the statement.

This cooperation in the military sector will also strengthen the long-standing sound relations between Indonesia and Japan.

Hence, the Indonesian Air Force ranks hope that the joint military air training activities would be completed shortly.

Earlier, Indonesian Minister of Defense, Prabowo Subianto, and his Japanese counterpart, Minoru Kihara, discussed several matters during their meeting in Tokyo, Japan, on April 3, including those related to defense cooperation, one of which was continuing cadet exchanges and issues related to the Indo-Pacific region.

Prabowo is optimistic that defense cooperation between the two countries would continue to increase based on the success of earlier programs.

"I previously met with the Japanese minister of defense and asked to send cadets from Indonesia, starting with two people. After that, I asked for another batch, and we have sent four people in total," Prabowo told Kihara at the meeting.

Minister Kihara also conveyed his stance against all unilateral decisions and changes that could increase tensions in the South China Sea.

He believes that Japan and Indonesia, as maritime countries, can work together to ensure the implementation of law in maintaining the Indo-Pacific as a free and open region. (Antara)

FIFA Strengthens Cooperation between Indonesia and Fiji

2024-05-10T09:24:44+07:00

VOInews, Jakarta: The Indonesian Embassy in Suva, Fiji, encourages Fijian civil society to understand and encourage the strengthening of cooperation between Indonesia and Fiji in various fields through the establishment of the Fiji-Indonesia Friendship Association (FIFA). This was conveyed by the Indonesian Ambassador to Fiji Dupito D Simamora to Voice of Indonesia, via Zoom connection on Wednesday (8/5/2024). Ambassador Simamora revealed the support of the Fijian people for the formation of FIFA which became a forum for grassroots diplomacy of the Indonesian and Fijian communities.

"Many tribal chiefs, many political figures, even some rectors from universities and big businessmen in Fiji have declared themselves joining this association. So we think this is an important capital, so that now in the future FIFA will become our partner in various efforts that we make at the government level. And of course, later we hope that FIFA can consolidate relations between the two countries, especially after we celebrate 17 June as the 50th anniversary of bilateral relations or diplomacy between Indonesia and Fiji," Ambassador Dupito Simamora said.

Ambassador Simamora further explained that FIFA is intended to build trust between Indonesia and Fiji as well as understanding between the people of the two countries so that they are not easily instigated by NGOs or parties that are less friendly to Indonesia. "We want to encourage Fijian civil society to be able to understand and also support the cooperation that is being built between the two nations. This is one of the important infrastructure buildings of diplomacy in supporting cooperation in various fields, including education, vocational training, agriculture and most importantly for us in addition to understanding, a relationship of mutual respect and trust must be built between the two countries which is also agreed upon or supported by civil society so that they are not easily influenced by some NGOs that may be less friendly to Indonesia," Ambassador Simamora explained.

As quoted from the Indonesian Foreign Ministry website (kemlu.go.id), Indonesia has established diplomatic relations with Fiji since 1974, and has an embassy in Suva City which was established in 2002. The Fiji-Indonesia Friendship Association was inaugurated by the President of Fiji, Ratu Wiliame Katonivere on 26 March 2024 in Suva.

Three Indonesia-Fiji's Similarities You Should Know

2024-05-10T09:06:19+07:00

VOInews, Jakarta: Fiji shared many similarities with Indonesia. Quoting an interview with the Indonesian Ambassador to Fiji, Dupito D. Simamora on the Voice of Indonesia's Ranah Diplomasi programme on Wednesday (8/5/2024) there are at least three similarities between Indonesia and Fiji.

First, according to Ambassador Simamora, like Indonesia, Fiji is also an archipelago republic. "Fiji is an archipelago in the southern Pacific with about 300 islands but the area is about almost four times the island of Bali, so all the islands in Fiji are about four times the size of the island of Bali," Ambassador Simamora said. Ambassador Simamora added that Indonesia is actually also part of the Pacific archipelago which is glued together by the Melanesian race of some Indonesian tribes with Pacific countries. Indonesia is an associate member of the Melanesian Spearhead Group as well as a dialogue partner of the Pacific Island Forum along with Fiji.

Like Indonesia, according to Ambassador Simamora, Fiji is a country that lives with ethnic and religious diversity. "Maybe it can be said to be the only country that is multi-ethnic and multi-religious because here in addition to the Melanesian group which is the indigenous population of around 65 percent, there is also a fairly large portion of indo-fijians or Fijians of Indian descent who were brought here to work on plantations, especially sugar cane plantations and that is also one of the characteristics of Fiji is that besides being multi-ethnic it is also multi-religious, or multi-religious. The largest is Christianity followed by Hinduism and then Islam and of course other religions. So if in other Pacific countries it can almost be said to be homogeneous although there are always minorities but here is the only heterogeneous country which may also be a kind of mini Indonesia but in a different composition, "continued Ambassador Simamora.

The third similarity, according to Ambassador Simamora, is that the Fijian people are generally sports lovers. If Indonesians are generally happy with football and badminton, while Fijians like rugby. "So I think there are similarities with Indonesia. But the pride of Fijians is rugby, so it is not surprising that in 2020 this country also won a gold medal at the Olympics in Tokyo," concluded the Ambassador who began serving since August 2023.

The Meaning of Eid Jala' and Peace for Syrians

2024-05-06T14:47:07+07:00

VOInews, Jakarta: Eid Jalaa' (Evaluation Day), which falls every 17 April, is a big day for Syrians that symbolises glory and freedom. This was stated by Syrian Ambassador to Indonesia Abdulmonem Annan in a special interview aired on 2 May 2024 on the Voice of Indonesia terrestrial radio channel. As is known, Eid Jalaa' marks the expulsion of the French army from the land of independent Syria on 17 April 1946.

"Indeed, the day of evacuation or independence day is an important day in which various tribes, nations, and cultures around the world gather. And this day is a great day that for Syrians symbolises glory and freedom, because it is impossible for citizens or a nation to feel honour and freedom if they are denied their independence or are under occupation," Ambassador Abdulmonem Annan said.

According to Ambassador Abdulmonem Annan, Eid Jalaa' is a moment for the people to celebrate Syria's glorious history of their collective struggle for independence. "Syrians on 17 April every year celebrate the greatness of their past history, despite the mosaic and diversity that distinguishes them, they are united, making sacrifices up to blood for the independence of their country from French colonialists," Ambassador Abdulmonem Annan continued.

Ambassador Abdulmonem Annan, who began serving since February 2023 in Indonesia, also mentioned the Palestinian struggle and efforts to realise peace in the region. "It is impossible for peace to be realised in the world, including in the Middle East in particular without a comprehensive and just peace. When I say comprehensive, we mean that peace must include the core conflict in the Middle East, namely the Palestinian conflict. It is impossible for Arab countries to reach a lasting and durable peace agreement as long as the Palestinian people have not gained their independence, dignity and freedom," Ambassador Abdulmonem Annan concluded.