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Published August 7, 2017 by SoClaimon

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation


AEC Feed

ASEAN+ July 25, 2017 01:00

By Asia News Network

Don’t scare investors away, Jokowi tells ministers

Indonesian President Joko “Jokowi” Widodo has criticised government ministers for issuing ministerial regulations that are not in line with the government’s deregulation program to improve the ease of doing business in the country.

The president said some regulations made doing business in the country even more complicated.

“What we need to do is improve ease of doing business in this country. Ministerial regulations should always refer to the objective. They should not scare investors away,” Jokowi said during a Cabinet meeting at the State Palace in Jakarta on Monday.

He said unfriendly regulations, for example, had been issued by the environment and forestry minister and the energy and mineral resources minister in the past two months. – The Jakarta Post

Allianz seeks partnerships to expand Asian operations

Allianz Malaysia Bhd expects to form up to 10 partnerships this year to diversify its digital offerings and expand its business in Asia.

The regional CEO of Allianz in Asia-Pacific, George Sartorel, said while Asia was projected to be the largest insurance market in the world by 2020, growth would be through digital innovation and partnerships.

The group has forged 16 partnerships in Asia over the past 18 months, with three based in Malaysia.

Sartorel said Asia’s insurance market was expected to experience double-digit growth, with life and non-life insurance business growing up to 15 per cent per annum for the next 15 years.

“That said, we are keen to double the size of our franchise by 2020 in Asia, and we are well on track to achieve this,” Sartorel said. – The Star

VN targets 6.4 – 6.8% growth next year

Vietnam’s Ministry of Planning and Investment is targeting an economic growth rate of 6.4 per cent to 6.8 per cent for Vietnam in 2018, according to a document sent to ministries and local authorities with guidelines to develop the socio-economic plan for 2018.

The ministry said that the economic growth in 2018 would continue to improve, fuelled by increases in manufacturing, construction, trade, banking and tourism sectors.

The global economic and trade growths were also expected to be higher in 2018 than 2017, creating favorable conditions that would boost the economic growth, especially exports, the ministry said.

In addition to this, the improving business environment, rapid international economic integration, increasing foreign direct investment and private investment, coupled with the government’s determination to remove difficulties for firms will support production and trade, it said.

The ministry said that the agriculture, forestry and fishery sectors were anticipated to have good prospects with increasing prices in the global market.

Accordingly, the ministry has planned the gross domestic product (GDP) to grow at 6.4 percent to 6.8 per cent in 2018, total export revenue to increase by 9 percent to 10 percent, trade deficit ratio to be below 3 percent of the total export revenue and the total investments for social development to be at 33.5 percent to 35 percent of the GDP. – Viet Nam News

Pertamina gets tough with ‘recalcitrant’ LPG agents

Indonesia’s state-owned energy giant Pertamina, which claimed that overpriced 3-kilogram liquefied petroleum gas (LPG) canisters were no longer sold across Greater Jakarta, has stated there will be firm sanctions against distributors who sell the product above the set retail price.

The government has set the price of the subsidized 3-kg LPG canisters at Pertamina’s official agents at Rp 16,000 (US$1.2) apiece.

Meanwhile, retailers will sell the product to end users for between Rp 18,000 and Rp 20,000 apiece.

Pertamina said it conducted a field inspection in Greater Jakarta showing that, as of Friday, all 3-kg LPG canisters were sold in accordance to the targeted prices.

“However, if there are recalcitrant agents who sell overpriced 3-kilogram LPG canisters, Pertamina will hand down firm sanctions, including by giving a warning, reducing the allocation or even stopping the supply for them,” Yudi Nugraha, Pertamina’s spokesperson for Jakarta, Banten and West Java regions, said on Friday. – The Jakarta Post


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