Indonesia expected to strengthen ties with Ireland, South Africa.

By bne IntelliNews March 19, 2013
Ireland and South Africa are likely to explore unexploited prospects in business in Indonesia, due to the country's strong economic growth in the recent past. As reported by the Jakarta Post, Brendan Howlin, the Irish minister for public expenditure and reform, stated that Ireland is likely to focus on the nation for trade and investment cooperation, since it has gained acknowledgment for its increasing economic importance. The non-oil and gas exports to South Africa grew 16.72% y/y registering USD 236.4mn last year, while the bilateral trade with Ireland increased 16% y/y registering USD 209.5mn.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Dismiss