The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

  • Saratoga Investment Corp. (NYSE:SAR) Short Interest Up 35.7% in June

  • Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 12-Month Low at $16.45

  • Bridge Investment Group (NYSE:BRDG) & Artisan Partners Asset Management (NYSE:APAM) Head-To-Head Survey

  • NIPCO leverages on PIA, to increase investment in petroleum sector | The Guardian Nigeria News

Australian Economy
Home›Australian Economy›Australian leader visits Indonesia’s Makassar to deepen ties

Australian leader visits Indonesia’s Makassar to deepen ties

By Megan
June 7, 2022
8
0
Share:

JAKARTA, Indonesia — Australian Prime Minister Anthony Albanese on Tuesday visited an eastern Indonesia area with close ties to Indigenous Australians as he continued a trip aiming to strengthen his country’s economic ties with its closest major neighbor.

Albanese said visiting Makassar, the capital city of South Sulawesi province, was an important symbol of Australia recognizing it needed to reach out in Indonesia — a vast archipelago of 270 million people with cultural, ethnic, religious and linguistic diversity.

“Australia understands that Indonesia is much, much more than Jakarta and Bali,” Albanese said in a media briefing at the Australian Embassy after meeting with his Indonesian counterpart President Joko Widodo on Monday.

He said he was Australia’s first prime minister to visit Makassar, about 1,390 kilometers (860 miles) northeast of Jakarta and the largest city in eastern Indonesia with longstanding ties to Indigenous Australians.

“There are opportunities for Australian business and investment here in Indonesia,” Albanese said, “Makassar has a great future as part of Indonesia’s growth, which will see it grow to one of the top five economies in the world in coming years.”

He is scheduled to meet with South Sulawesi Gov. Andi Sudirman Sulaiman, who is looking to increase foreign investment to his province, particularly in infrastructure.

His trip also include visiting the city’s state university, Hasanuddin University, where he gave public lectures. Albanese has pledged to support Indonesia’s education sector, including by offering more scholarships.

Before leaving Tuesday afternoon, Albanese is also scheduled to visit one of the world’s largest flour mills, which mills Australian wheat then exports its products to Australia.

Albanese was elected, sworn into office and made his first overseas trip last month for a four-way summit in Japan. His first bilateral visit overseas was Indonesia — Southeast Asia’s largest economy and a traditional first stop for new Australian premiers for decades.

He was hosted by Widodo at an official ceremony on Monday in the presidential palace in Bogor, just outside the capital. Before the meeting, Widodo presented Albanese with a bicycle and the pair removed their jackets, donned helmets and rode around the palace’s huge garden.

Albanese said in a joint news conference the two countries’ trade and investment relationship is a “priority,” highlighting their ambition to better utilize the Indonesia-Australia Comprehensive Economic Partnership Agreement. They also discussed Australia’s proposed climate and infrastructure fund with Indonesia.

Additional funds will be disbursed to the 10 members of the Association of Southeast Asian Nations through development assistance programs.

“Deepening engagement with Southeast Asia is a priority for my government,” Albanese said. “ASEAN and ASEAN-led institutions are at the absolute center of our vision for the Indo-Pacific.”

He said Canberra will appoint a high-level envoy to ASEAN and establish a Southeast Asia office in the department of foreign affairs and trade. In addition, his government will prepare an ASEAN strategy on export and investment opportunities across the region.

Source link

TagsASIAAssociation of Southeast Asian NationsAustraliaAustralia governmentBalibusinesseconomygeneral newsGovernment and politicsIndonesiaIndonesia governmentInternational TradeJakartaJavaJoko WidodoOceaniaRegional tradeSout
Previous Article

Featured Property: 129-139 Fox Street in Portland’s ...

Next Article

3 Precious Metals ETFs to Play the ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Stock Shares

    Casino stocks take a hit as inflation rocks economy

    June 17, 2022
    By Megan
  • Australian Economy

    Uber agrees to Australia minimum pay body after similar moves in Britain, Canada

    June 28, 2022
    By Megan
  • Australian Economy

    Australian election: Voters baulk at rising living costs | Business and Economy

    May 20, 2022
    By Megan
  • Brokers

    Interactive Brokers Group to Present at Piper Sandler Global Exchange & FinTech Conference | Business & Finance

    June 1, 2022
    By Megan
  • Australian Economy

    Global stocks shaky as hawkish Reserve Bank of Australia heightens worries

    June 7, 2022
    By Megan
  • Australian Economy

    Aaron Finch woes returns, Pat Cummins, stats, runs, wickets

    June 24, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Investment

    BIGG Digital Assets Inc. Announces CAD $2M Investment in

  • Investment

    UK must pay for household support without deterring investment – minister

  • Brokers

    Capstone Brokers ±49.07-Acre Garden Apartment & Townhome Development Site in North Charlotte

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • July 3, 2022

    Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

  • July 3, 2022

    Saratoga Investment Corp. (NYSE:SAR) Short Interest Up 35.7% in June

  • July 3, 2022

    Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 12-Month Low at $16.45

  • July 3, 2022

    Bridge Investment Group (NYSE:BRDG) & Artisan Partners Asset Management (NYSE:APAM) Head-To-Head Survey

  • July 3, 2022

    NIPCO leverages on PIA, to increase investment in petroleum sector | The Guardian Nigeria News

Best Reviews

Latest News

Brokers

Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

Banner Co. (NASDAQ:BANR – Get Rating) – Equities researchers at DA Davidson increased their Q2 2022 earnings per share (EPS) estimates for Banner in a report released on Thursday, June ...
  • Saratoga Investment Corp. (NYSE:SAR) Short Interest Up 35.7% in June

    By Megan
    July 3, 2022
  • Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 12-Month Low at $16.45

    By Megan
    July 3, 2022
  • Bridge Investment Group (NYSE:BRDG) & Artisan Partners Asset Management (NYSE:APAM) Head-To-Head Survey

    By Megan
    July 3, 2022
  • NIPCO leverages on PIA, to increase investment in petroleum sector | The Guardian Nigeria News

    By Megan
    July 3, 2022
  • Recent

  • Popular

  • Comments

  • Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

    By Megan
    July 3, 2022
  • Saratoga Investment Corp. (NYSE:SAR) Short Interest Up 35.7% in June

    By Megan
    July 3, 2022
  • Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 12-Month Low at $16.45

    By Megan
    July 3, 2022
  • Bridge Investment Group (NYSE:BRDG) & Artisan Partners Asset Management (NYSE:APAM) Head-To-Head Survey

    By Megan
    July 3, 2022
  • Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

    By Megan
    July 3, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Brokers

    Brokers Offer Predictions for Banner Co.’s Q2 2022 Earnings (NASDAQ:BANR)

    Banner Co. (NASDAQ:BANR – Get Rating) – Equities researchers at DA Davidson increased their Q2 2022 earnings per share (EPS) estimates for Banner in a report released on Thursday, June ...
  • Investment

    Saratoga Investment Corp. (NYSE:SAR) Short Interest Up 35.7% in June

    Saratoga Investment Corp. (NYSE:SAR – Get Rating) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 41,400 shares, ...
  • Gold and Precious Metals

    Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Hits New 12-Month Low at $16.45

    Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF – Get Rating) reached a new 52-week low during trading on Friday . The stock traded as low as $16.45 and ...
  • Investment

    Bridge Investment Group (NYSE:BRDG) & Artisan Partners Asset Management (NYSE:APAM) Head-To-Head Survey

    Bridge Investment Group (NYSE:BRDG – Get Rating) and Artisan Partners Asset Management (NYSE:APAM – Get Rating) are both finance companies, but which is the better investment? We will contrast the ...
  • Investment

    NIPCO leverages on PIA, to increase investment in petroleum sector | The Guardian Nigeria News

    28 Mar Nearly two years after the Nigerian National Petroleum Company (NNPC) Limited announced plans to reduce the cost of oil production to about $10 per barrel, this effort has ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.