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The IMT-GT is a strategic framework of international economic co-operation by the approval of leaders from the 3 countries to develop the area in the southern part of Thailand, some areas of Malaysia (Kedah, Perlis, Perak, Penang, Selangor, Kelantan, Melaka, Negeri Sembilan) and some areas of Indonesia (Aceh, North Sumatera, West Sumatera, Riau ...
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
In 2011, Indonesia released 55,010 working visas for foreigners, an increase of 10% compared to 2010, while the number of foreign residents in Indonesia, excluding tourists and foreign emissaries was 111,752, rose by 6% compared to last year.
The Tiger Cub Economies are so named because they attempt to follow the same export-driven model of technology and economic development already achieved by the rich, high-tech, industrialized, and developed countries of South Korea, Singapore, and Taiwan, along with the wealthy financial center of Hong Kong, which are all collectively referred to as the Four Asian Tigers.
The foreign relations of Thailand are handled by the Ministry of Foreign Affairs of Thailand.. Thailand participates fully in international and regional organizations. It has developed close ties with other ASEAN members—Indonesia, Malaysia, the Philippines, Singapore, Brunei, Laos,and Vietnam—whose foreign and economic ministers hold annual meetings.
At the same time, the regional economies of Thailand, Malaysia, Indonesia, Singapore and South Korea experienced high growth rates, of 8–12% GDP, in the late 1980s and early 1990s. This achievement was widely acclaimed by financial institutions including IMF and World Bank , and was known as part of the " Asian economic miracle ".
The International Monetary Fund (IMF) has historically had a large presence in Indonesia, Southeast Asia's largest economy.During the Suharto era of the 1960s to 1990s the IMF enjoyed an active presence in the Indonesian economy and politics gaining influence through political sympathizers and technocrats within the Indonesian government.
Indonesia and Thailand have officially established diplomatic ties on 7 March 1950. [1] The two countries have since enjoyed a cordial bilateral relationship. [2] Both countries have established embassies in each capitals, Indonesia has their embassy in Bangkok and a consulate in Songkhla, while Thailand has their embassy in Jakarta and honorary consulates in Denpasar, Medan and Surabaya. [3]