South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

Seoul/ Jakarta: South Korea and Indonesia, among the five leading economies in Asia, have decided to transact in local currencies. A meeting of both countries’ central banks was recently held in South Korea. On this occasion, an agreement was signed to use the local currencies ‘Won’ and ‘Rupiah’ instead of the US dollar in trade […]

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Australia closely monitoring Iran’s destroyers passing through South Pacific

Australia closely monitoring Iran’s destroyers passing through South Pacific

Canberra: Iran’s Revolutionary Guard has been showing their naval strength for the past few days. Only last week, they conducted live-fire drills in the Strait of Hormuz. Now two destroyer vessels of the Iranian Navy have sailed into the South Pacific Sea. The Australian Navy reported keeping a close eye on Iran’s ships. Also, Australian […]

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US and Indonesia conduct war exercises given rising tensions with China

US and Indonesia conduct war exercises given rising tensions with China

Jakarta: Militaries of the United States and Indonesia commenced a joint war exercise on Wednesday. Militaries of Japan, Australia and Singapore, will also participate in these exercises being held on Sumatra Island. The importance of these joint exercises between the United States and Indonesia has increased further due to rising tensions with China in the […]

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US to enhance military & economic cooperation in the Indo-Pacific region to counter rising Chinese aggression: US State Secretary Antony Blinken

US to enhance military & economic cooperation in the Indo-Pacific region to counter rising Chinese aggression: US State Secretary Antony Blinken

Jakarta/Washington – US Secretary of State Anthony Blinken said, ‘Concerns are growing over increasing Chinese aggression in the Indo-Pacific region. The United States will focus on strengthening military and economic cooperation in the region to counter these activities.’ Secretary of State Blinken is on a seven-day tour to Southeast Asia. This is the first visit […]

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ASEAN countries strengthen their activities against China

ASEAN countries strengthen their activities against China

Kuala Lumpur/Jakarta/Beijing: – The ASEAN countries have expedited their activities to retaliate against the Chinese actions in the South China Sea. Chinese aeroplanes tried to intrude into Malaysian airspace on Sunday. But the Malaysian air force drove the Chinese planes away. Malaysia has registered an official protest and summoned the Chinese Ambassador. Whereas, Indonesia is […]

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Indonesia increases patrolling in the South China Sea, following trespassing by the Chinese ships

Indonesia increases patrolling in the South China Sea, following trespassing by the Chinese ships

Jakarta: A new challenge has come up for the Chinese efforts, to dominate the South China Sea region. Indonesia announced an increase in patrolling around the Natuna Islands, claimed by China as its territory. A few days ago, the Chinese ships intruded in the marine limits of the Natuna Islands and Indonesia issued a warning […]

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30 killed in violence in the West Papua province in Indonesia

30 killed in violence in the West Papua province in Indonesia

Jakarta: At least 32 people have been killed and 60 seriously injured, in the violence that broke out two days ago, in the West Papua province in Indonesia. The dead also includes military officials. Further, President Joko Widodo has appealed to the people not to believe in ‘Fake News’. Even in August, there had been […]

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