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While analysts warn of lower crude palm oil (CPO) prices next year, producers remain hopeful at least for the first half of 2022.
A strong, resilient ASEAN is vital to our region’s success and supports Australia’s security and prosperity.
Plenty of containers are now stuck in ports across the globe because the slow repositioning of empty containers created a shortage of these storage units, and delivery delays cause exorbitant demurrage costs.
The International Monetary Fund (IMF) downgraded this year's economic growth forecast for Indonesia by 0.4 percentage points to 3.9 percent.
The bank forecasts the country’s gross domestic product to grow by 4.4 percent this year, a slightly less optimistic figure than the government’s prediction of between 4.5 and 5.3 percent.
The organization upgraded its growth projections by 0.9 percentage points to 4.9 percent this year and by 0.3 percentage points to 5.4 percent next year.
Boeing says that Indonesia shows the greatest potential in demand growth for the next 20 years in Southeast Asia.
The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), had already increased 4.71 percent to 6,428.59 since the beginning of January.
The Venture Capital and Startup Indonesia Association (Amvesindo) believes the country can see more funding in 2021, despite a slowdown in the second half of 2020.
The COVID-19 pandemic must serve as a "wake-up call" for ASEAN's leaders to work collectively toward vaccine security, experts say.