EU, Indonesia strike trade deal

2 min read Indonesia, European Commission, Prabowo Subianto, CEPA, Schengen, Ursula von der Leyen, tariffs, SEA, ASEAN, EU-Vietnam Free Trade Agreement, Malaysia, Thailand, Philippines, Valdis Dombrovskis, China, Palm oil, sustainable development, digital trade

Indonesian President Prabowo Subianto described the deal as a win for economic sovereignty. “We agreed to deepen the Comprehensive Economic Partnership Agreement or CEPA to open up greater opportunities for sustainable trade and investment in the country,” Subianto wrote on Facebook.

ASEAN economies should look to CEE to escape middle-income trap - ex-finance minister

4 min read Bambang Brodjonegoro, ADBI, ASEAN, Indonesia, Malaysia, Thailand, CEE, FDI, EU, Poland, Czechia, Hungary, China, Japan, South Korea, World Bank, Prabowo Subianto, Nikkei Asia, Nickel, middle-income trap, steel

Bambang Brodjonegoro, dean of the ADB’s Tokyo-based think tank, said Southeast Asia’s largest middle-income economies are at risk of long-term stagnation as demographic advantages fade and productivity growth stalls.