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More Hong Kong traders look to offshore production, procurement

August 9, 2019

HONG KONG -- With the US continuing to impose additional tariffs of up to 25% on many imported Chinese products, more Hong Kong traders are looking to cushion the impact by actively shifting their production or procurement bases to ASEAN countries -- such as Cambodia, Indonesia, Myanmar, the Philippines and Thailand -- that benefit from the US's Generalised System of Preferences (GSP). 

What to expect in Jokowi’s second term

July 25, 2019

JAKARTA - After winning the 2019 election, President Joko 'Jokowi' Widodo has a great opportunity to bring the Indonesian economy into a stronger footing, according to a new report from the Australian Strategic Policy Institute. It says Jokowi's economic policies achieved mixed outcomes in his first term (2014-2019). "He hasn't delivered a promised 7% economic growth, but steady 5% growth is perceived as a commendable achievement, given slowing global growth, rising uncertainties, and low commodity prices."

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