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November 17th Qingqiao Morning Post | Upgrading to a Comprehensive Strategic Partnership between the United States and Indonesia
Release time:2023-11-17 Source: Qingqiao Number of views:

good morning

Understanding the past without remonstrance, knowing that those who come can be pursued
Today in history:On this day 154 years ago, the Suez Canal was officially opened. The Suez Canal runs through the Suez Isthmus, connecting the Mediterranean Sea and the Red Sea, providing the closest route from Europe to the Indian Ocean and near the Western Pacific. It is the boundary between Asia and Africa, and the main channel for people from Asia to Africa and Europe, making it one of the busiest shipping routes in the world.
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politics
01Upgrading to a comprehensive strategic partnership between the United States and Indonesia

Washington Comprehensive News,Asia Pacific Economic Cooperation(The 30th APEC Leaders' Informal Meeting is about to be held, and Indonesian President Joko, before heading to San Francisco for the meeting,toOn November 13th, visited the White House in Washington and held a meeting with US President BidenYesTalks. After the talks, the leaders of the two countries announced that the United States and Indonesia have been upgraded to a comprehensive strategic partnership of cooperation.


It is understood that the next step of cooperation between the two parties is mainly reflected in the following two aspects. One is that in terms of military affairs, the two countriesIntended to enhance bilateral defense relations through a new defense cooperation agreement, focusing on defense specialization, cybersecurity, military medicine, space, and joint effortsDeepening cooperation in collaborative learning and responding to biological, radiological, and nuclear threatsAt the same time, regular high-level meetings such as bilateral defense dialogues will also be held.


Secondly, in terms of energy cooperation, the leaders of the two countries agreed to support the development of Indonesia's domestic semiconductor ecosystem and stimulate investment through the International Technology Security and Innovation Fund. Both sides emphasize the need to jointly build a safer, more resilient, and sustainable global semiconductor value chain, strengthen high-quality development of Indonesian minerals, and achieve mutual benefit based on market rules.

02Extension of Cambodia's capital gains tax until 2025

According to the Cambodian China Times, on November 13th, the Cambodian Prime Minister's Office issued a press notice, deciding to extend the effective date of collecting capital gains tax on six types of assets until December 31, 2024. These six types of assets are real estate, asset leasing, asset investment, corporate trademarks, intellectual property, and foreign currency.


It is reported that Cambodia will gain capital gainsThe tax rate is set as20%, under capital gains tax, asset buying and selling activities carried out by enterprises or individuals, including real estate, asset leasing, asset investment, corporate trademarks, intellectual property, and foreign currencies, will be subject to capital gains tax; Only government and foreign embassy assets, or permanent residences owned by tax residents, will be exempt from capital gains tax. This tax policy was announced as early as August 2020, but its implementation date has been extended multiple times.


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military affairs
01The expansion of Myanmar's civil war to the Indo Myanmar border

According to comprehensive information from Yangon, on November 13th, a war broke out in Chin State, western Myanmar. About 80 armed personnel launched attacks on the military camps of Likodar and Hamawi in Chin State. Vice Chairman of the Chin National Front, Choi Kar, stated that the attackers were soldiers of the Burmese military government, with the goal of seizing control of the Myanmar India border area.


It is reported that the Chin State of Myanmar borders the state of Mizoram in India, and the Chin National Front also receives support from the local people of Mizoram in India because they belong to the same race. After the outbreak of the war, the Indian state of Mizoram quickly supported the Qin National Front. After the battle ended,43 Burmese soldiers have surrendered and are currently taking refuge in the state of Mizoram in India. As for whether to repatriate them to the Burmese military government, instructions from New Delhi, India are still needed.


On October 27th, multiple civilian and local forces in northern Myanmar launched an unprecedented coordinated and unified attack on the Burmese army, capturing over 100 military strongholds and several towns to date. The Burmese military government is facing its toughest challenge since the 2021 coup. Myanmar's Acting President Min Shwe has recently warned that if the serious conflict between the military and civilians is not handled properly, Myanmar may be torn apart.


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economic

01Vietnam and Australia Strengthen Agricultural and Aquaculture Cooperation

According to Vietnam News Agency, on November 14th, a meeting on "Strengthening Technical, Trade, and Investment Cooperation in Vietnam Australia Beef Cattle Breeding Industry" was held in the capital city of Hanoi, Vietnam. The meeting focused on discussing the current situation and market situation of the beef cattle breeding industry; Co discuss breeding and genetic improvement methods,Yue AoThe challenges that the beef cattle breeding industry in both countries needs to face; Seeking solutions to promote technological innovation and cooperation in the beef cattle breeding industry in Vietnam and Australia. Intended to strengthen cooperation in innovation, technology, investment, and trade in various pillar industries between Vietnam and Australia, and enhance the development level of Vietnam's beef cattle breeding industry; Clarify the opportunities for cooperation between the two countries.


Deputy Minister of Agriculture and Rural Development of VietnamRepresents,Throughout 2022, VietnamagricultureGross Domestic Product Growth of Forestry and Water Industry3.36%,The product has been sold worldwide190 countries and regionsTotal export valuereach$53.53 billion.Animal husbandryAs a key industry in this field, its development is not ideal,In the first nine months of 2023, Vietnam's national beef production only reached 373000 tonsUnable to meet domestic consumption demand, still needs to be imported. The Australian side will focus on centralized and professional managementIn terms of cattle breeding, cowshed, and feedProvide support for supply.

02Nigeria and Saudi Arabia Sign Memorandum of Understanding on Energy Cooperation

West Africa Huasheng NewsNews: Recently, the Federal Ministry of Petroleum Resources of Nigeria issued a statement announcing that Nigeria and Saudi Arabia have signed a memorandum of understanding to promote cooperation, information exchange, and technology transfer in the oil industry.


It is worth noting that theIn the memorandum of understandingsummaryCooperation framework foralreadyBeyond the scope of technical cooperation and financial investment,stillincludeYesJoint research and development plan, knowledge sharing platform, and capacity building plan. Intended to enhance local talent in Nigeria's energy sector, create a self-sustaining environment, and allow local expertise to play a crucial role in shaping the country's energy future. The two countries have agreed to ensure that oil and gas activities are carried out in an ecologically friendly manner.


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security

01Large scale protests erupt in multiple European countries to support Palestine

The Lianhe Zaobao reported that on November 11, a demonstration of solidarity with Palestine broke out in London, England. The demonstration was launched by the British anti war organization "Stop the War Alliance", and 800000 people participated in it. It was one of the largest demonstrations in British history. The British police deployed nearly 2000 police officers and set up isolation lines at some locations along the parade route, separating demonstrators and anti demonstrators, and arrested more than 100 extremists. It is reported that November 11th was the Armistice Day of World War I and also the Memorial Day for British soldiers who died in battle.


Except for London, FranceParis has an appointment on the same day16000 people took to the streets to call for a ceasefire in Israel. In Brussels, the capital of Belgium, more than 20000 people participated in a peaceful demonstration to express their support for Palestine. Similar demonstrations also took place in Barcelona, Spain, Berlin, Germany, Ankara, Türkiye, Sydney, Australia and other cities.



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culture
01Completion of Bodhi Temple in Laos

According to Laos, on November 12th, the first phase of Bodhi TempleRepair engineeringCompletion ceremonystayGammon Province, LaosThe ceremony was held in Taqu City, jointly organized by the Central Committee of the Vietnamese Buddhist Association and the Central Committee of the Lao Buddhist Union. It is reported that,Bodhi TempleIt is one of the earliest and oldest Vietnamese temples in Laos, jointly studied and repaired by experts from Laos and Vietnam, symbolizing Laos' profound Buddhist culture.


Vice Minister of the Interior of Laos, Nises Kiopanya, expressed gratitude to Vietnamese Buddhist figures and emphasized the importance of Buddhism in the cultural and social life of both countries,Bodhi TempleThe completion of the project is a culmination of Buddhist cultural exchanges between the two countries, and it is hoped that more and more Vietnamese overseas Chinese will gather at the Bodhi Monastery to strengthen the close unity of the Vietnamese community in Laos and enrich Laos' traditional culture







Financial Newsletter
According to data released by the United States Bureau of Labor Statistics, the consumer price index in the United States increased by 3.2% year-on-year in October, slower than the 3.7% increase in September and lower than the expected 3.3%. The month on month growth rate slowed to 0 from 0.4% in September, also lower than the expected 0.1%. Several overseas analysts have stated that the slowing inflation rate in the United States means that the historic rate hike by the Federal Reserve may have come to an end.


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