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Furthermore, upgrading equipment, improving land management and transitioning to more environmentally friendly methods all require capital that many smallholders simply do not have. Banks and financial institutions might be hesitant to extend credit due to perceived risks like limited financial history or lack of collateral.
At a ceremony held at the Presidential Palace on July 18, Widodo swore in Prabowo’s nephew, Thomas Djiwandono, as second deputy finance minister and named Sudaryono, a senior member of Prabowo’s Gerindra party, as deputy agriculture minister.
VIENTIANE/MANILA/BANGKOK -- Initial public offerings in Southeast Asia raised 60% less in the first six months of 2024 than a year earlier, as higher interest rates and political transition have made investors tentative.
VIENTIANE, Laos (AP) — Top diplomats from Southeast Asia met Friday morning in Vientiane with China’s Foreign Minister for talks that come as friction continues to escalate over Beijing’s growing effort to press its sweeping maritime claims in the South China Sea.
Indonesia's foreign minister at a regional meeting on Thursday (July 25) called out warring camps in Myanmar over their refusal to agree to dialogue, as fighting intensifies between the ruling military and an alliance of armed groups.
JAKARTA -- Indonesia has launched a "golden visa" that allows investors and professionals with coveted skills to stay in the country for five or 10 years.
Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to US$10 million giving them a 10-year visa and access to Southeast Asia’s largest economy.
VIENTIANE, Laos (AP) — Southeast Asian foreign ministers and top diplomats from key partners including the United States and China were gathering in the Laotian capital on Thursday for the start of three days of talks expected to focus on the increasingly violent civil war in Myanmar, tensions in the South China Sea and other regional issues.
JAKARTA, Indonesia (AP) — France’s air force made a stopover in Indonesia’s capital on Wednesday, part of a visit to Southeast Asia that’s meant to display French commitment to security in the Indo-Pacific region amid growing Chinese maritime activity there.