indonesia singapore mark 50 years relations highlight digital economic cooperation
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Indonesia, Singapore mark 50 years relations, highlight digital economic cooperation

Arab Today, arab today

Arab Today, arab today Indonesia, Singapore mark 50 years relations, highlight digital economic cooperation

Indonesian Foreign Affairs Minister Retno Marsudi
Jakarta - Arab Today

Following a Leaders Retreat to mark five decades of diplomatic relations between Indonesia and Singapore, the leaders of both nations agree to intensify cooperation in the digital sector, Indonesian Foreign Affairs Minister Retno Marsudi stated.

"Different from last years meeting that focused on the Industrial Park in Kendal District, Central Java Province, the two leaders this year highlighted the importance of maintaining collaboration in the field of digital economy. The two countries had earlier launched a coding competition aimed at showcasing the young talent in this field," Marsudi noted in a recorded statement released by the ministry in Jakarta, Friday.

In order to improve the welfare of the people, President Joko Widodo (Jokowi) and Prime Minister Lee Hsien Loong believed that further cooperation should promote the inclusivity principle, mainly in the economic sector.

In her remarks following the two leaders discussion, the minister noted that the online business in Indonesia is forecast to generate some US$130 billion.

"The president (of Indonesia) has presented our plan to create one thousand technopreneurs in 2019 and to continue to develop digital talent, including start-ups. Indonesia has designated Batam Island (in Riau Islands Province) as a hub for the digital economy sector. We are now developing the Nongsa Digital Parks in the island as well as an incubator block," Marsudi noted.

Apart from the digital economy, the president and the prime minister also focused on other issues, including those related to investment, tourism, and energy.

"Singapore continues to double its investment, from $5.9 billion in 2015, to $9.2 billion in 2016," she remarked, adding that President Jokowi had informed his Singaporean counterpart about three rating agencies having improved Indonesias credit status to a low-risk "investment-grade."

During the leaders talks held on Thursday in Singapore, Jokowi and Loong agreed to renew the bilateral investment treaty (BIT) that had expired this year.

"As the old BIT had ended, the two leaders conceded to re-negotiating a new agreement," Marsudi stated while adding that Singapore has improved the status of its two representative offices to honorary consulates in Medan, North Sumatra Province, and Batam Island.

The minister noted that during the meeting, state-owned electricity company PT Perusahaan Listrik Negara (PLN) and Singapores Keppel O&M, Pavilion, had also inked an agreement in the energy development sector.

Earlier on Wednesday, President Jokowi had arrived in Singapore for a two-day visit to commemorate the 50th anniversary of the establishment of diplomatic relations between the two countries that was themed "RISING50.

Source: ANTARA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indonesia singapore mark 50 years relations highlight digital economic cooperation indonesia singapore mark 50 years relations highlight digital economic cooperation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

indonesia singapore mark 50 years relations highlight digital economic cooperation indonesia singapore mark 50 years relations highlight digital economic cooperation

 



GMT 09:16 2017 Wednesday ,13 December

Cape wearing tips

GMT 20:49 2017 Monday ,21 August

South Asia floods claim more than 750 lives

GMT 19:06 2016 Saturday ,10 December

IOF Close Al-Nabi Saleh Village's Entrance

GMT 18:01 2017 Wednesday ,22 February

Abu Sayyaf ‘likely’ behind Vietnam freighter attack

GMT 06:41 2017 Sunday ,03 December

Hamas threatens 'intifada' over US moves on Jerusalem

GMT 16:17 2017 Saturday ,21 January

BMW 7 series crosses 5,000 unit mark in 2016

GMT 12:17 2016 Wednesday ,24 February

United Technologies nixes Honeywell merger

GMT 23:37 2017 Monday ,31 July

Saudi Arabia sanctions Hezbollah member

GMT 05:45 2018 Saturday ,29 September

Abdullah bin Zayed hosts official reception in New York

GMT 04:12 2018 Friday ,12 January

Saudi-led coalition says Yemen rebels threat

GMT 11:18 2014 Monday ,22 December

Richard Ward adds to The Chelsea Collection

GMT 21:20 2017 Monday ,06 February

UN resumes food air drops in Deir Ezzor

GMT 22:24 2017 Friday ,15 December

HRH Premier thanked by Cambodian counterpart

GMT 02:11 2017 Monday ,23 October

Oct24/Nov22

GMT 21:31 2017 Monday ,11 December

HM King congratulates Burkinabe President

GMT 20:22 2017 Monday ,23 October

EU deplores attack against police
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday