The popular Chinese sugary beverage chain Mixue took Indonesia by (winter) storm thanks to its solid business model and understanding of the Indonesian market. While demonstrating China’s soft power, its culinary diplomacy might clash with the government’s campaign.
Jakarta recently signed its first comprehensive trade agreement with a Gulf country, the United Arab Emirates. A closer economic ties, driven by diplomatic relationship and close friendship of the leaders, can be expected in the next few years.
Due to the ongoing global geopolitical flux, there is an imperative for the Marcos Jr. administration to consider the Middle East and North African (MENA) region as an alternative source of investment, foreign tourists and market for Philippine products.
Rumors of a normalization in Indonesia-Israel ties have emerged multiple times in the past decades but no substantial forward step has ever been made, owing to Indonesia’s unbending commitment to Palestine’s independence and domestic political pressure.