Indonesian Political, Business & Finance News

Video: South Korea Invests Rp 173 Trillion - Australia Allocates Rp 11.7 Trillion in Interest-Free Loans

| Source: CNBC Translated from Indonesian | Investment
Video: South Korea Invests Rp 173 Trillion - Australia Allocates Rp 11.7 Trillion in Interest-Free Loans
Image: CNBC

President Prabowo Subianto’s working visit to South Korea has yielded fantastic results. The government has recorded an investment commitment worth $10.2 billion, equivalent to Rp 173 trillion. This massive investment was marked by the signing of 17 MoUs between business actors from both countries at the Business Forum in Seoul.

Meanwhile, the Australian government has taken firm steps to mitigate the impact of the global fuel price surge, which is now approaching A$3 per litre. Prime Minister Anthony Albanese announced the allocation of interest-free loans amounting to A$1 billion, or Rp 11.7 trillion, to maintain the national supply chain.

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