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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 ...
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 ...
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.
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 ".
Government of Indonesia: Headquarters: Gedung Djuanda I Jalan Dr. Wahidin Raya No. 1 Jakarta Pusat 10710 Jakarta, Indonesia: Motto: Nagara Dana Rakça ("Guardian of the State's Finance") Minister responsible
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.
See Indonesia–Thailand relations. Indonesia and Thailand are viewed as natural allies. [160] Indonesia is Thailand's third most important trade partner within ASEAN, with bilateral trade worth $8.7 billion in 2007. [161] Trade between the two countries is set to grow over the years.
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]